Operating Income

Operating Income

L3Harris Technologies Operating Income decreased by 69.1% to $652.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.2%, from $525.00M to $652.00M. Over 4 years (FY 2022 to FY 2026), Operating Income shows an upward trend with a 16.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Growth in operating income suggests that the core business is becoming more profitable and efficient.

Detailed definition

The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...

Peer comparison

This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.

Metric ID: is_operating_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$527.25M$527.25M$527.25M$281.75M$281.75M$281.75M$281.75M$393.00M$400.00M$479.00M$154.00M$378.00M$476.00M$495.00M$1.92B$525.00M$571.00M$621.00M$2.11B$652.00M
QoQ Change+0.0%+0.0%-46.6%+0.0%+0.0%+0.0%+39.5%+1.8%+19.8%-67.8%+145.5%+25.9%+4.0%+287.5%-72.6%+8.8%+8.8%+239.8%-69.1%
YoY Change-46.6%-46.6%-46.6%+39.5%+42.0%+70.0%-45.3%-3.8%+19.0%+3.3%>999%+38.9%+20.0%+25.5%+10.0%+24.2%
Range$154.00M$2.11B
CAGR+4.6%
Avg YoY Growth+78.1%
Median YoY Growth+19.5%

Business Segments

View all
SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
CS$329.00M$359.00M$1.32B$345.00M$336.00M$382.00M$1.43B$465.00M
SAS$215.00M$195.00M$812.00M$176.00M$220.00M$218.00M$852.00M$313.00M
IMS$206.00M$204.00M$826.00M$203.00M$214.00M$204.00M$812.00M$124.00M
AR$75.00M$75.00M$307.00M$76.00M$93.00M$96.00M$270.00M
Total$476.00M$495.00M$1.92B$525.00M$571.00M$621.00M$2.11B$652.00M

Other non-reportable businesses is derived from annual filings.

AR, Communication Systems, Integrated Mission Systems, Other non-reportable businesses, Spaceand Airborne Systems were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is L3Harris Technologies's operating income?
L3Harris Technologies (LHX) reported operating income of $652.00M in Q1 2026.
How has L3Harris Technologies's operating income changed year-over-year?
L3Harris Technologies's operating income increased by 24.2% year-over-year, from $525.00M to $652.00M.
What is the long-term trend for L3Harris Technologies's operating income?
Over 4 years (2022 to 2026), L3Harris Technologies's operating income has grown at a 16.1% compound annual growth rate (CAGR), from $2.11B to $3.83B.
What does operating income mean?
The profit earned from core business activities, before accounting for interest and taxes.