Current Assets
Inventories
L3Harris Technologies Inventories increased by 1.2% to $1.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $1.25B to $1.23B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 4.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026Apr 30, 2026
How to read this metric
Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.
Detailed definition
The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...
Peer comparison
Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.
Metric ID:
inventoriesHistorical Data
21 periods
| Q1 '21 | 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 | $904.00M | $872.00M | $1.02B | $982.00M | $1.09B | $1.24B | $1.34B | $1.29B | $1.54B | $1.56B | $1.64B | $1.47B | $1.48B | $1.43B | $1.40B | $1.33B | $1.25B | $1.26B | $1.29B | $1.22B | $1.23B |
| QoQ Change | — | -3.5% | +17.4% | -4.1% | +11.0% | +13.9% | +7.9% | -3.6% | +19.4% | +0.9% | +5.3% | -10.1% | +0.3% | -3.0% | -2.3% | -4.9% | -5.9% | +0.5% | +2.6% | -5.6% | +1.2% |
| YoY Change | — | — | — | — | +20.6% | +42.3% | +30.8% | +31.5% | +41.4% | +25.3% | +22.3% | +14.0% | -4.2% | -7.9% | -14.6% | -9.6% | -15.2% | -12.2% | -7.7% | -8.3% | -1.4% |
Range$872.00M – $1.64B
CAGR+6.4%
Avg YoY Growth+8.6%
Median YoY Growth-1.4%
Inventories at Other Companies
Frequently Asked Questions
- What is L3Harris Technologies's inventories?
- L3Harris Technologies (LHX) reported inventories of $1.23B in Q1 2026.
- How has L3Harris Technologies's inventories changed year-over-year?
- L3Harris Technologies's inventories decreased by 1.4% year-over-year, from $1.25B to $1.23B.
- What is the long-term trend for L3Harris Technologies's inventories?
- Over 5 years (2020 to 2025), L3Harris Technologies's inventories has grown at a 4.6% compound annual growth rate (CAGR), from $973.00M to $1.22B.
- What does inventories mean?
- The total value of all goods held for production or sale.