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L3Harris Technologies

LHX

L3Harris Technologies is a global aerospace and defense technology innovator that provides end-to-end solutions across space, air, land, sea, and cyber domains.

Market cap
$48.97B-5.4%
Revenue$39.1B+5.3%
Net income$1.9B+10.4%
Free cash flow$2.8B+29.8%
EPS (diluted)$9.92+10.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 29, 2026 (in 2 months)
Revenue estimate$6.0B
EPS estimate$2.98

Financials

Q2 2026

Income statement

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Revenue$5.9B+8.4%
Gross profit$1.5B+12.5%
Operating income$654.0M+14.5%
Net income$600.0M+31.0%
EPS (diluted)$3.13+28.3%

Balance sheet

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Cash & equivalents$1.5B+216%
Total debt$12.8B+4.6%
Total equity$19.9B+3.1%
Total assets$42.9B+4.1%

Cash flow

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Operating cash flow$879.0M+37.3%
CapEx$108.0M+22.7%
Free cash flow$771.0M+39.7%

Valuation & ratios

Valuation

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Market cap$48.97B-5.4%
Enterprise value$60.26B-5.2%
P/E26.1×-4.4×
P/S1.3×-0.1×

Profitability

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Gross margin25.6%-0.3pp
Operating margin10.3%+0.9pp
Net margin4.8%+0.2pp
FCF margin7.2%+1.4pp

Returns & leverage

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Return on equity9.6%+0.7pp
Debt / equity0.6×0.0×
Current ratio1.2×+0.1×

Segments

By segment

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CS$1.9B+41.2%

By geography

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Non Us$1.4B+22.5%

Competitors

Profile

L3Harris Technologies is a global aerospace and defense technology innovator that provides end-to-end solutions across space, air, land, sea, and cyber domains. The company specializes in mission-critical systems for national security, focusing on resilient communications, integrated mission systems, and advanced sensing technologies. Its primary value proposition lies in acting as a 'Trusted Disruptor' that delivers differentiated capabilities to the U.S. government and international allies.

Competitive position

A leading Tier 1 defense prime contractor and systems integrator specializing in multi-domain technology solutions.

GeographiesUnited States, Global
Customer segmentsU.S. Department of Defense, Federal Civil Agencies, International Allied Governments, State and Local Governments
Business modelCost-plus government contracting, Fixed-price production, Systems integration, Product manufacturing and sustainment
SuppliersElectronic component manufacturers, Raw material suppliers (specialty glass, metals), Subsystem subcontractors
CustomersU.S. Department of Defense, Intelligence Community, Foreign Military Sales (FMS) customers, Commercial aerospace companies
Listed1955
Employees50.0K
CEOChristopher E. Kubasik
FilingsSEC EDGAR

FAQ

What is L3Harris Technologies's market cap?
L3Harris Technologies (LHX) has a market capitalization of $49.0B and trades on NYSE.
What is L3Harris Technologies's revenue and profitability?
L3Harris Technologies generated $39.1B in trailing twelve-month revenue with net income of $1.9B, representing a net margin of 4.8%. Gross margin stands at 25.6%, with free cash flow of $2.8B. These figures are based on the Q3 2026 filing.
Who are L3Harris Technologies's competitors?
L3Harris Technologies's key competitors include Northrop Grumman Corporation, General Dynamics Corporation, Lockheed Martin Corporation, and others. These companies compete in similar markets and product categories.
What subsidiaries does L3Harris Technologies have?
L3Harris Technologies's subsidiaries include Aerojet Rocketdyne, Viasat TDL Business.
Where is L3Harris Technologies headquartered?
L3Harris Technologies is headquartered in United States of America and employs approximately 50,000 people. It has been publicly traded since 1955.