Income StatementBalance SheetCash FlowSegments
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L3Harris Technologies Income Statement

Revenue, expenses, and profitability over time

L3Harris Technologies generated $38.7B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $1.7B with a 4.48% net margin. Gross margin stands at 25.47% and operating margin at 10.22%. Diluted EPS is $9.21, which grew 0.3% year-over-year. Based on the Q2 2026 filing.

Total Revenue (TTM)$38.7BGross Profit (TTM)$9.9BOperating Income (TTM)$4.0BNet Income (TTM)$1.7BEps Diluted (TTM)$9.23
Latest FilingQ2 2026
Report Date2026-04-30
Market Cap$58.1B
P/E Ratio33.56
ROE8.93%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Derivative Gain (Loss) Excluded from Effectiveness-$675.0M-$150.0M-$152.0M-$152.0M-$597.0M-$136.0M
Interest Income (Expense), Non-operating-$675.0M-$150.0M-$152.0M-$152.0M-$597.0M-$136.0M
Other Charges$354.0M$84.0M$105.0M$98.0M$419.0M$73.0M
Change in Accounts Payable-$45.0M$52.0M$0.0-$131.0M$568.0M-$527.0M
Interest Income (Expense), Nonoperating-$675.0M-$150.0M-$152.0M-$152.0M-$597.0M-$136.0M
Non-operating Interest Income (Expense)-$675.0M-$150.0M-$152.0M-$152.0M-$597.0M-$136.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$21.0M$19.0M$29.0M$35.0M$30.0M$21.0M
Share-Based Compensation Expense$21.0M$19.0M$29.0M$35.0M$30.0M$21.0M
Depreciation and amortization$326.0M$301.0M$303.0M$309.0M$311.0M$282.0M
Stock-based compensation expense$21.0M$19.0M$29.0M$35.0M$30.0M$21.0M
Selling, general and administrative$790.0M$825.0M$764.0M$873.0M$968.0M$750.0M
Share-Based Compensation$21.0M$19.0M$29.0M$35.0M$30.0M$21.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital Expenditures$118.0M$59.0M$88.0M$119.0M$158.0M$99.0M
Change in Accounts Receivable—$447.0M—$91.0M—$623.0M
Change in Deferred Revenue$276.0M-$16.0M$193.0M—$90.0M$461.0M
Share-based matching contributions under defined contribution plans$65.0M$68.0M$68.0M$64.0M$53.0M$62.0M
Accounts payable-$45.0M$52.0M$0.0-$131.0M$568.0M-$527.0M
Increase (Decrease) in Accounts Receivable—$447.0M—$91.0M—$623.0M
Increase (Decrease) in Contract with Customer, Asset—$420.0M$214.0M——-$72.0M
Increase (decrease) in contract liabilities and current deferred income$276.0M-$16.0M$193.0M—$90.0M$461.0M
Accrued compensation and employee benefits—-$105.0M$130.0M$42.0M$3.0M-$87.0M
Income taxes-$125.0M$273.0M$48.0M—$221.0M-$7.0M
Increase (Decrease) in Inventories-$50.0M-$92.0M——-$64.0M$17.0M
Increase (Decrease) in Other Operating Assets and Liabilities, Net$75.0M$64.0M$66.0M——$60.0M
Increase (Decrease) in Prepaid Expense and Other Assets—$19.0M$3.0M-$4.0M-$35.0M$218.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$915.0M-$805.0M-$610.0M-$560.0M-$1.1B-$284.0M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$112.0M$744.0M———-$97.0M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$1.1B-$42.0M$640.0M$546.0M$2.0B-$95.0M
Other income, net (Note 6)$354.0M$84.0M$105.0M$98.0M$419.0M$73.0M
Payment for (Proceeds from) Other Investing Activity$109.0M$28.0M-$10.0M$10.0M-$39.0M$5.0M
Payments for Repurchase of Common Stock$42.0M$569.0M$253.0M$176.0M$156.0M$296.0M
Payments of Ordinary Dividends, Common Stock$221.0M$228.0M$225.0M$225.0M$225.0M$238.0M
Payments to Acquire Property, Plant, and Equipment$118.0M$59.0M$88.0M$119.0M$158.0M$99.0M
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash-$71.0M-$84.0M-$66.0M-$66.0M-$114.0M-$70.0M
Proceeds from principal business dispositions$115.0M$831.0M———$0.0
Financing — other$18.0M-$23.0M$24.0M$104.0M$3.0M$6.0M
Dispositions of property, plant, and equipment$250.0K$0.0———$7.0M
Repayments of Unsecured Debt$11.0M$5.0M$606.0M$3.0M$4.0M$106.0M
Revenue From Contract With Customer Excluding Assessed Tax$21.3B$5.1B$5.4B$5.7B$21.9B$5.7B
Stock-based compensation$21.0M$19.0M$29.0M$35.0M$30.0M$21.0M
Cash Dividends, Common Stock$221.0M$228.0M$225.0M$225.0M$225.0M$238.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends$221.0M$228.0M$225.0M$225.0M$225.0M$238.0M
Net income$453.0M$386.0M$458.0M$462.0M$300.0M$512.0M
Common Stock Dividends$221.0M$228.0M$225.0M$225.0M$225.0M$238.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$2.38$2.05$2.45$2.47$1.61$2.74
Diluted earnings per share$2.37$2.04$2.44$2.46$1.61$2.72

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$5.5B$1.4B$1.3B$1.5B$5.6B$1.4B
Operating income$1.9B$525.0M$571.0M$621.0M$2.1B$652.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$1.6B$459.0M$524.0M$567.0M$1.9B$589.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$31.0M$73.0M$66.0M$105.0M$82.0M$77.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$15.8B$3.8B$4.1B$4.2B$16.2B$4.3B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$21.3B$5.1B$5.4B$5.7B$21.9B$5.7B