Current Liabilities

Compensation and benefits

L3Harris Technologies Compensation and benefits decreased by 18.9% to $391.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.5%, from $314.00M to $391.00M. Over 5 years (FY 2021 to FY 2026), Compensation and benefits shows relatively stable performance with a -0.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

Significant increases may reflect higher headcount, increased compensation, or timing differences in bonus payouts, while decreases could signal cost-cutting or reduced workforce.

Detailed definition

This includes short-term obligations to employees, such as accrued wages, bonuses, vacation pay, and other benefits due...

Peer comparison

Commonly reported by labor-intensive companies, particularly in services and logistics.

Metric ID: current_liabilities_employee_related_liabilities_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$404.00M$368.00M$444.00M$290.00M$381.00M$349.00M$398.00M$285.00M$389.00M$461.00M$544.00M$379.00M$445.00M$402.00M$419.00M$314.00M$444.00M$486.00M$482.00M$391.00M
QoQ Change-8.9%+20.7%-34.7%+31.4%-8.4%+14.0%-28.4%+36.5%+18.5%+18.0%-30.3%+17.4%-9.7%+4.2%-25.1%+41.4%+9.5%-0.8%-18.9%
YoY Change-5.7%-5.2%-10.4%-1.7%+2.1%+32.1%+36.7%+33.0%+14.4%-12.8%-23.0%-17.2%-0.2%+20.9%+15.0%+24.5%
Range$285.00M$544.00M
CAGR-0.7%
Avg YoY Growth+6.4%
Median YoY Growth+0.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is L3Harris Technologies's compensation and benefits?
L3Harris Technologies (LHX) reported compensation and benefits of $391.00M in Q1 2026.
How has L3Harris Technologies's compensation and benefits changed year-over-year?
L3Harris Technologies's compensation and benefits increased by 24.5% year-over-year, from $314.00M to $391.00M.
What is the long-term trend for L3Harris Technologies's compensation and benefits?
Over 5 years (2021 to 2026), L3Harris Technologies's compensation and benefits has grown at a -0.6% compound annual growth rate (CAGR), from $496.00M to $482.00M.
What does compensation and benefits mean?
Short-term debts owed to employees for wages, bonuses, and benefits.