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Other financials

Income statement

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Revenue$5.7B+11.9%
Gross profit$1.4B+3.9%
Operating income$652.0M+24.2%
Net income$512.0M+32.6%
EPS (diluted)$2.72+33.3%

Balance sheet

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Cash & equivalents$590.0M+14.1%
Total debt$11.4B-7.3%
Total equity$19.7B+2.9%
Total assets$41.4B+0.3%

Cash flow

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Operating cash flow-$95.0M-126%
CapEx$99.0M+67.8%
Free cash flow-$194.0M-92.1%

Valuation

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Market cap$53.75B+15.2%
Enterprise value$64.52B+10.5%
P/E31×+2.0×
P/S1.4×+0.1×

Profitability

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Gross margin25.5%-0.6pp
Operating margin10.2%+1.0pp
Net margin4.5%+0.1pp
FCF margin6.7%+0.6pp

Returns & leverage

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Return on equity8.9%+0.4pp
Debt / equity0.6×-0.1×
Current ratio0.0×

Where this comes from

Reported directly by L3Harris Technologies in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: L3Harris Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is L3Harris Technologies's CS — capex?
L3Harris Technologies (LHX) reported CS — capex of $18M in Q1 2026.
How has L3Harris Technologies's CS — capex changed year-over-year?
L3Harris Technologies's CS — capex increased by 125.0% year-over-year, from $8M to $18M.
What is the long-term trend for L3Harris Technologies's CS — capex?
Over 3 years (2022 to 2025), L3Harris Technologies's CS — capex has grown at a 25.4% compound annual growth rate (CAGR), from $36M to $71M.
What does CS — capex mean?
Funds used by the Communication & Spectrum Dominance segment to acquire, upgrade, and maintain physical assets such as property, buildings, and equipment. This reflects the segment's investment in long-term infrastructure and production capacity.