Operating

Net Income

L3Harris Technologies Net Income increased by 70.7% to $512.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.6%, from $386.00M to $512.00M. Over 4 years (FY 2021 to FY 2025), Net Income shows a downward trend with a -11.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase indicates higher profitability and operational success, while a decrease may signal rising costs or declining sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, taxes, and interest have been deduct...

Peer comparison

Standard across all public companies, though margins vary significantly by industry sector.

Metric ID: net_income_cf

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$466.00M$413.00M$479.00M$1.20B$475.00M$470.00M-$301.00M$417.00M$339.00M$351.00M$382.00M$142.00M$285.00M$367.00M$404.00M$206.00M$386.00M$458.00M$462.00M$300.00M$512.00M
QoQ Change-11.4%+16.0%+150.1%-60.4%-1.1%-164.0%+238.5%-18.7%+3.5%+8.8%-62.8%+100.7%+28.8%+10.1%-49.0%+87.4%+18.7%+0.9%-35.1%+70.7%
YoY Change+1.9%+13.8%-162.8%-65.2%-28.6%-25.3%+226.9%-65.9%-15.9%+4.6%+5.8%+45.1%+35.4%+24.8%+14.4%+45.6%+32.6%
Range-$301.00M$1.20B
CAGR+1.9%
Avg YoY Growth+5.1%
Median YoY Growth+5.8%

Frequently Asked Questions

What is L3Harris Technologies's net income?
L3Harris Technologies (LHX) reported net income of $512.00M in Q1 2026.
How has L3Harris Technologies's net income changed year-over-year?
L3Harris Technologies's net income increased by 32.6% year-over-year, from $386.00M to $512.00M.
What is the long-term trend for L3Harris Technologies's net income?
Over 4 years (2021 to 2025), L3Harris Technologies's net income has grown at a -11.0% compound annual growth rate (CAGR), from $2.56B to $1.61B.
What does net income mean?
The total profit a company earns after all expenses and taxes are paid.