Current Assets

Inventories

L3Harris Technologies Inventories increased by 1.2% to $1.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $1.25B to $1.23B. Over 5 years (FY 2021 to FY 2026), Inventories shows an upward trend with a 4.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase might suggest overproduction or weakening demand, while a decrease could indicate strong sales or potential supply chain shortages.

Detailed definition

The carrying value of raw materials, work-in-process, and finished goods awaiting sale to consumers or enterprise client...

Peer comparison

Consumer electronics firms strive for high inventory turnover to mitigate the risk of rapid technological depreciation.

Metric ID: inventories

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$872.00M$1.02B$982.00M$1.09B$1.24B$1.34B$1.29B$1.54B$1.56B$1.64B$1.47B$1.48B$1.43B$1.40B$1.33B$1.25B$1.26B$1.29B$1.22B$1.23B
QoQ Change+17.4%-4.1%+11.0%+13.9%+7.9%-3.6%+19.4%+0.9%+5.3%-10.1%+0.3%-3.0%-2.3%-4.9%-5.9%+0.5%+2.6%-5.6%+1.2%
YoY Change+42.3%+30.8%+31.5%+41.4%+25.3%+22.3%+14.0%-4.2%-7.9%-14.6%-9.6%-15.2%-12.2%-7.7%-8.3%-1.4%
Range$872.00M$1.64B
CAGR+7.6%
Avg YoY Growth+7.9%
Median YoY Growth-2.8%

Frequently Asked Questions

What is L3Harris Technologies's inventories?
L3Harris Technologies (LHX) reported inventories of $1.23B in Q1 2026.
How has L3Harris Technologies's inventories changed year-over-year?
L3Harris Technologies's inventories decreased by 1.4% year-over-year, from $1.25B to $1.23B.
What is the long-term trend for L3Harris Technologies's inventories?
Over 5 years (2021 to 2026), L3Harris Technologies's inventories has grown at a 4.6% compound annual growth rate (CAGR), from $973.00M to $1.22B.
What does inventories mean?
The value of products currently being manufactured or held in stock ready to be sold.