Income Before Tax

Pre-Tax Income

L3Harris Technologies Pre-Tax Income decreased by 69.5% to $589.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.3%, from $459.00M to $589.00M. Over 4 years (FY 2022 to FY 2026), Pre-Tax Income shows an upward trend with a 11.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.

Detailed definition

A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...

Peer comparison

Used to compare companies across different tax jurisdictions to see who generates more raw profit.

Metric ID: is_income_before_tax

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$582.00M$586.00M$588.00M$536.00M$525.00M-$321.00M$533.00M$373.00M$372.00M$400.00M$76.00M$290.00M$390.00M$430.00M$1.60B$459.00M$524.00M$567.00M$1.93B$589.00M
QoQ Change+0.7%+0.3%-8.8%-2.1%-161.1%+266.0%-30.0%-0.3%+7.5%-81.0%+281.6%+34.5%+10.3%+271.4%-71.3%+14.2%+8.2%+240.7%-69.5%
YoY Change-9.8%-154.8%-9.4%-30.4%-29.1%+224.6%-85.7%-22.3%+4.8%+7.5%>999%+58.3%+34.4%+31.9%+21.0%+28.3%
Range-$321.00M$1.93B
CAGR+0.3%
Avg YoY Growth+129.4%
Median YoY Growth+6.2%

Frequently Asked Questions

What is L3Harris Technologies's pre-tax income?
L3Harris Technologies (LHX) reported pre-tax income of $589.00M in Q1 2026.
How has L3Harris Technologies's pre-tax income changed year-over-year?
L3Harris Technologies's pre-tax income increased by 28.3% year-over-year, from $459.00M to $589.00M.
What is the long-term trend for L3Harris Technologies's pre-tax income?
Over 4 years (2022 to 2026), L3Harris Technologies's pre-tax income has grown at a 11.1% compound annual growth rate (CAGR), from $2.28B to $3.48B.
What does pre-tax income mean?
The total profit a company made before paying its income taxes.