Free cash flow
L3Harris Technologies Free cash flow decreased by 110.8% to -$194.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 92.1%, from -$101.00M to -$194.00M. Over 4 years (FY 2022 to FY 2026), Free cash flow shows an upward trend with a 3.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical 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 | $656.00M | $405.00M | $687.00M | -$16.00M | $687.00M | $524.00M | $711.00M | $279.00M | $321.00M | $395.00M | $652.00M | -$219.00M | $657.00M | $702.00M | $1.01B | -$101.00M | $552.00M | $427.00M | $1.80B | -$194.00M |
| QoQ Change | — | -38.3% | +69.6% | -102.3% | >999% | -23.7% | +35.7% | -60.8% | +15.1% | +23.1% | +65.1% | -133.6% | +400.0% | +6.8% | +44.0% | -110.0% | +646.5% | -22.6% | +322.5% | -110.8% |
| YoY Change | — | — | — | — | +4.7% | +29.4% | +3.5% | >999% | -53.3% | -24.6% | -8.3% | -178.5% | +104.7% | +77.7% | +55.1% | +53.9% | -16.0% | -39.2% | +78.4% | -92.1% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is L3Harris Technologies's free cash flow?
- L3Harris Technologies (LHX) reported free cash flow of -$194.00M in Q1 2026.
- How has L3Harris Technologies's free cash flow changed year-over-year?
- L3Harris Technologies's free cash flow decreased by 92.1% year-over-year, from -$101.00M to -$194.00M.
- What is the long-term trend for L3Harris Technologies's free cash flow?
- Over 4 years (2022 to 2026), L3Harris Technologies's free cash flow has grown at a 3.4% compound annual growth rate (CAGR), from $2.35B to $2.68B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.