Business Segments · Operating Income

IMS — Operating Income

L3Harris Technologies IMS — Operating Income decreased by 84.7% to $124.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 38.9%, from $203.00M to $124.00M. Over 2 years (FY 2022 to FY 2026), IMS — Operating Income shows an upward trend with a 30.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher operating income reflects strong operational execution, effective cost management, and favorable contract margins.

Detailed definition

The profit earned from the Missile Solutions segment's core operations after deducting the cost of goods sold and operat...

Peer comparison

Standard operating profit metric used to compare segment performance across the defense industry.

Metric ID: lhx_segment_msl_operating_income

Historical Data

16 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$211.25M$211.25M$211.25M-$143.00M$185.00M$162.00M$187.00M$190.00M$206.00M$204.00M$826.00M$203.00M$214.00M$204.00M$812.00M$124.00M
QoQ Change+0.0%+0.0%-167.7%+229.4%-12.4%+15.4%+1.6%+8.4%-1.0%+304.9%-75.4%+5.4%-4.7%+298.0%-84.7%
YoY Change-167.7%+230.8%+2.7%+27.2%+9.1%+6.8%+3.9%+0.0%-1.7%-38.9%
Range-$143.00M$826.00M
CAGR-13.2%
Avg YoY Growth+7.2%
Median YoY Growth+3.3%

Frequently Asked Questions

What is L3Harris Technologies's ims — operating income?
L3Harris Technologies (LHX) reported ims — operating income of $124.00M in Q1 2026.
How has L3Harris Technologies's ims — operating income changed year-over-year?
L3Harris Technologies's ims — operating income decreased by 38.9% year-over-year, from $203.00M to $124.00M.
What is the long-term trend for L3Harris Technologies's ims — operating income?
Over 2 years (2022 to 2026), L3Harris Technologies's ims — operating income has grown at a 30.2% compound annual growth rate (CAGR), from $845.00M to $1.43B.
What does ims — operating income mean?
The profit generated by the Missile Solutions segment after accounting for direct and indirect operating costs.