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 2022 to FY 2026), Net Income shows a downward trend with a -3.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...
Peer comparison
Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.
cf_net_incomeHistorical 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 | $413.00M | $479.00M | $484.00M | $475.00M | $470.00M | -$301.00M | $417.00M | $339.00M | $351.00M | $382.00M | $126.00M | $285.00M | $367.00M | $404.00M | $456.00M | $386.00M | $458.00M | $462.00M | $300.00M | $512.00M |
| QoQ Change | — | +16.0% | +1.0% | -1.9% | -1.1% | -164.0% | +238.5% | -18.7% | +3.5% | +8.8% | -67.0% | +126.2% | +28.8% | +10.1% | +12.9% | -15.4% | +18.7% | +0.9% | -35.1% | +70.7% |
| YoY Change | — | — | — | — | +13.8% | -162.8% | -13.8% | -28.6% | -25.3% | +226.9% | -69.8% | -15.9% | +4.6% | +5.8% | +261.9% | +35.4% | +24.8% | +14.4% | -34.2% | +32.6% |
Net Income at Other Companies
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 (2022 to 2026), L3Harris Technologies's net income has grown at a -3.4% compound annual growth rate (CAGR), from $1.84B to $1.61B.
- What does net income mean?
- The company's total profit after all expenses and taxes have been paid.