Goodwill
L3Harris Technologies Goodwill decreased by 0.1% to $20.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $20.34B to $20.00B. Over 5 years (FY 2021 to FY 2026), Goodwill shows relatively stable performance with a 1.2% CAGR.
Analysis
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
goodwillHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.23B | $18.21B | $18.19B | $18.19B | $18.14B | $17.26B | $17.28B | $18.29B | $18.42B | $20.74B | $19.98B | $20.07B | $20.37B | $20.43B | $20.33B | $20.34B | $20.37B | $20.37B | $20.01B | $20.00B |
| QoQ Change | — | -0.1% | -0.1% | +0.0% | -0.3% | -4.9% | +0.1% | +5.8% | +0.7% | +12.6% | -3.7% | +0.5% | +1.5% | +0.3% | -0.5% | +0.1% | +0.2% | -0.0% | -1.8% | -0.1% |
| YoY Change | — | — | — | — | -0.5% | -5.2% | -5.0% | +0.5% | +1.5% | +20.1% | +15.6% | +9.7% | +10.6% | -1.5% | +1.7% | +1.3% | +0.0% | -0.3% | -1.5% | -1.7% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| IMS | $6.56B | $6.55B | $6.56B | $6.54B | $6.43B | $6.44B | $6.44B | $6.33B |
| SAS | $6.10B | $6.01B | $6.03B | $6.00B | $6.01B | $6.03B | $6.03B | $6.03B |
| CS | $4.94B | $4.94B | $4.94B | $4.94B | $4.94B | $4.94B | $4.94B | $4.94B |
| AR | $2.47B | $2.86B | $2.90B | $2.85B | $2.97B | $2.97B | $2.97B | $2.72B |
| Total | $20.07B | $20.37B | $20.43B | $20.33B | $20.34B | $20.37B | $20.37B | $20.01B |
AR, Communication Systems, CS, IMS, Integrated Mission Systems, SAS, Spaceand Airborne Systems were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is L3Harris Technologies's goodwill?
- L3Harris Technologies (LHX) reported goodwill of $20.00B in Q1 2026.
- How has L3Harris Technologies's goodwill changed year-over-year?
- L3Harris Technologies's goodwill decreased by 1.7% year-over-year, from $20.34B to $20.00B.
- What is the long-term trend for L3Harris Technologies's goodwill?
- Over 5 years (2021 to 2026), L3Harris Technologies's goodwill has grown at a 1.2% compound annual growth rate (CAGR), from $18.88B to $20.01B.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.