Cash & Equivalents
L3Harris Technologies Cash & Equivalents decreased by 44.8% to $590.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $517.00M to $590.00M. Over 5 years (FY 2021 to FY 2026), Cash & Equivalents shows a downward trend with a -3.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.03B | $1.13B | $941.00M | $402.00M | $420.00M | $529.00M | $880.00M | $545.00M | $366.00M | $499.00M | $560.00M | $477.00M | $547.00M | $539.00M | $615.00M | $517.00M | $482.00M | $339.00M | $1.07B | $590.00M |
| QoQ Change | — | -44.5% | -16.4% | -57.3% | +4.5% | +26.0% | +66.4% | -38.1% | -32.8% | +36.3% | +12.2% | -14.8% | +14.7% | -1.5% | +14.1% | -15.9% | -6.8% | -29.7% | +215.3% | -44.8% |
| YoY Change | — | — | — | — | -79.3% | -53.0% | -6.5% | +35.6% | -12.9% | -5.7% | -36.4% | -12.5% | +49.5% | +8.0% | +9.8% | +8.4% | -11.9% | -37.1% | +73.8% | +14.1% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is L3Harris Technologies's cash & equivalents?
- L3Harris Technologies (LHX) reported cash & equivalents of $590.00M in Q1 2026.
- How has L3Harris Technologies's cash & equivalents changed year-over-year?
- L3Harris Technologies's cash & equivalents increased by 14.1% year-over-year, from $517.00M to $590.00M.
- What is the long-term trend for L3Harris Technologies's cash & equivalents?
- Over 5 years (2021 to 2026), L3Harris Technologies's cash & equivalents has grown at a -3.5% compound annual growth rate (CAGR), from $1.28B to $1.07B.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.