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L3Harris Technologies LHX CS — Cost of Product and Service Sold

Other segment segments

Space & Mission Systems
$2.44B—
Missile Solutions
$827M—

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Other financials

Income statement

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Revenue$5.9B+8.4%
Gross profit$1.5B+12.5%
Operating income$654.0M+14.5%
Net income$600.0M+31.0%
EPS (diluted)$3.13+28.3%

Balance sheet

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Cash & equivalents$1.5B+216%
Total debt$12.8B+4.6%
Total equity$19.9B+3.1%
Total assets$42.9B+4.1%

Cash flow

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Operating cash flow$879.0M+37.3%
CapEx$108.0M+22.7%
Free cash flow$771.0M+39.7%

Valuation

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Market cap$53.38B+5.5%
Enterprise value$64.68B+3.7%
P/E28.5×-1.3×
P/S1.4×0.0×

Profitability

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Gross margin25.6%-0.3pp
Operating margin10.3%+0.9pp
Net margin4.8%+0.2pp
FCF margin7.2%+1.4pp

Returns & leverage

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Return on equity9.6%+0.7pp
Debt / equity0.6×0.0×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by L3Harris Technologies in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: L3Harris Technologies’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 9:06 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000202058-26-000058
(In millions)Second Quarter / 2026Second Quarter / 2025Year to Date / 2026Year to Date / 2025
Total revenue5,8815,42611,62510,558
Cost of revenue
Space & Mission Systems(2,442)(2,287)(4,881)(4,235)
Communications & Spectrum Dominance(1,177)(1,185)(2,340)(2,342)
Missile Solutions(827)(722)(1,634)(1,378)
Intersegment82130173204
Segment cost of revenue(4,364)(4,064)(8,682)(7,751)
Other(2)(15)(27)(39)(122)

Item 1. Financial Statements (

FAQ

What is L3Harris Technologies's CS — cost of product and service sold?
L3Harris Technologies (LHX) reported CS — cost of product and service sold of $1.18B in Q2 2026.
How has L3Harris Technologies's CS — cost of product and service sold changed year-over-year?
L3Harris Technologies's CS — cost of product and service sold increased by 35.3% year-over-year, from $870M to $1.18B.
What is the long-term trend for L3Harris Technologies's CS — cost of product and service sold?
Over 3 years (2022 to 2025), L3Harris Technologies's CS — cost of product and service sold has grown at a 33.7% compound annual growth rate (CAGR), from $2.6B to $6.21B.
What does CS — cost of product and service sold mean?
The direct costs associated with producing the goods and delivering the services within the Communication & Spectrum Dominance segment. This includes raw materials, direct labor, and overhead costs directly attributable to the segment's production activities.

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