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L3Harris Technologies LHX Service — Cost of Product and Service Sold

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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:CostOfGoodsAndServicesSold.

The official record: L3Harris Technologies’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is L3Harris Technologies's service — cost of product and service sold?
L3Harris Technologies (LHX) reported service — cost of product and service sold of $1.25B in Q4 2025.
How has L3Harris Technologies's service — cost of product and service sold changed year-over-year?
L3Harris Technologies's service — cost of product and service sold increased by 4.3% year-over-year, from $1.2B to $1.25B.
What is the long-term trend for L3Harris Technologies's service — cost of product and service sold?
Over 4 years (2021 to 2025), L3Harris Technologies's service — cost of product and service sold has grown at a 9.8% compound annual growth rate (CAGR), from $3.43B to $4.99B.
What does service — cost of product and service sold mean?
This metric represents the direct costs incurred to deliver the services provided by the segment, including labor, materials, and overhead directly attributable to service contracts. It reflects the operational efficiency of the segment in executing its service obligations and maintaining infrastructure. Monitoring this cost helps assess the segment's ability to manage inflationary pressures and operational complexities in service delivery.