Operating Income
Gross Profit
L3Harris Technologies Gross Profit decreased by 75.1% to $1.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.9%, from $1.35B to $1.40B. Over 4 years (FY 2022 to FY 2026), Gross Profit shows an upward trend with a 16.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
Metric ID:
is_gross_profitHistorical Data
20 periods
| 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 | $1.42B | $1.31B | $1.30B | $1.21B | $1.23B | $1.19B | $1.29B | $1.17B | $1.22B | $1.31B | $1.42B | $1.35B | $1.36B | $1.42B | $5.52B | $1.35B | $1.34B | $1.49B | $5.63B | $1.40B |
| QoQ Change | — | -7.7% | -0.8% | -6.6% | +1.4% | -2.8% | +8.4% | -9.9% | +4.4% | +7.4% | +8.9% | -5.3% | +0.9% | +4.3% | +289.3% | -75.6% | -1.1% | +11.9% | +276.5% | -75.1% |
| YoY Change | — | — | — | — | -13.3% | -8.7% | -0.2% | -3.7% | -0.9% | +9.5% | +10.0% | +15.6% | +11.8% | +8.6% | +288.2% | +0.1% | -1.8% | +5.3% | +1.8% | +3.9% |
Range$1.17B – $5.63B
CAGR-0.2%
Avg YoY Growth+20.4%
Median YoY Growth+2.8%
Gross Profit at Other Companies
Frequently Asked Questions
- What is L3Harris Technologies's gross profit?
- L3Harris Technologies (LHX) reported gross profit of $1.40B in Q1 2026.
- How has L3Harris Technologies's gross profit changed year-over-year?
- L3Harris Technologies's gross profit increased by 3.9% year-over-year, from $1.35B to $1.40B.
- What is the long-term trend for L3Harris Technologies's gross profit?
- Over 4 years (2022 to 2026), L3Harris Technologies's gross profit has grown at a 16.2% compound annual growth rate (CAGR), from $5.38B to $9.80B.
- What does gross profit mean?
- The money left over from sales after paying for the direct cost of goods sold.