Operating
Increase (Decrease) in Prepaid Expense and Other Assets
L3Harris Technologies Increase (Decrease) in Prepaid Expense and Other Assets increased by 722.9% to $218.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1047.4%, from $19.00M to $218.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026Apr 30, 2026
How to read this metric
A decrease indicates the consumption of previously paid assets, while an increase suggests higher upfront cash outflows for future operational requirements.
Detailed definition
This metric represents the net change in prepaid expenses and other non-inventory current assets during the reporting pe...
Peer comparison
Common across all industries; peers typically show small, stable fluctuations unless significant prepayments for long-term contracts occur.
Metric ID:
operating_increase_decrease_in_prepaid_deferred_expense__313362Historical Data
17 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $85.00M | -$64.00M | $17.00M | -$61.00M | $25.00M | -$56.00M | $40.00M | $27.00M | $20.00M | -$10.00M | $36.00M | $6.00M | $19.00M | $3.00M | -$4.00M | -$35.00M | $218.00M |
| QoQ Change | — | -175.3% | +126.6% | -458.8% | +141.0% | -324.0% | +171.4% | -32.5% | -25.9% | -150.0% | +460.0% | -83.3% | +216.7% | -84.2% | -233.3% | -775.0% | +722.9% |
| YoY Change | — | — | — | — | -70.6% | +12.5% | +60.0% | +148.2% | — | -125.0% | +33.3% | -70.0% | +290.0% | -91.7% | -166.7% | — | >999% |
Range-$64.00M – $218.00M
CAGR+26.5%
Avg YoY Growth+97.0%
Median YoY Growth+12.5%
Increase (Decrease) in Prepaid Expense and Other Assets at Other Companies
Frequently Asked Questions
- What is L3Harris Technologies's increase (decrease) in prepaid expense and other assets?
- L3Harris Technologies (LHX) reported increase (decrease) in prepaid expense and other assets of $218.00M in Q1 2026.
- How has L3Harris Technologies's increase (decrease) in prepaid expense and other assets changed year-over-year?
- L3Harris Technologies's increase (decrease) in prepaid expense and other assets increased by 1047.4% year-over-year, from $19.00M to $218.00M.
- What does increase (decrease) in prepaid expense and other assets mean?
- The net change in cash paid in advance for future services or expenses.