What is L3Harris Technologies's SMS — goodwill?

L3Harris Technologies (LHX) reported SMS — goodwill of $9B in Q1 2026.

What does SMS — goodwill mean?

Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the Space and Mission Systems segment. This reflects the premium paid for intangible assets such as brand reputation, customer relationships, and proprietary technology.

L3Harris Technologies LHX SMS — Goodwill

Similar metrics at other companies

NOCSpace Systems — Goodwill

$3.94B0.0%

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EZPWSMG — Goodwill

$123.44M—

KEYSCommunications Solutions Group — Goodwill

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TFI

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RDWSpace — Goodwill arising from acquisitions

$0-100%

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 ratio1×0.0×

Where this comes from

Reported directly by L3Harris Technologies in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

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

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What is L3Harris Technologies's SMS — goodwill?: L3Harris Technologies (LHX) reported SMS — goodwill of $9B in Q1 2026.
What does SMS — goodwill mean?: Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the Space and Mission Systems segment. This reflects the premium paid for intangible assets such as brand reputation, customer relationships, and proprietary technology.