What is L3Harris Technologies's net income?

L3Harris Technologies (LHX) reported net income of $512M in Q1 2026.

How has L3Harris Technologies's net income changed year-over-year?

L3Harris Technologies's net income increased by 32.6% year-over-year, from $386M to $512M.

What is the long-term trend for L3Harris Technologies's net income?

Over 4 years (2021 to 2025), L3Harris Technologies's net income has grown at a -3.4% compound annual growth rate (CAGR), from $1.84B to $1.61B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

L3Harris Technologies LHX Net Income

Net Income at other companies

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$2.76M+29.5%

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-$7M+77.4%

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$1.13B+13.2%

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$368M-14.8%

GHM

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$1.97M-55.2%

ViasatVSAT

$65.98M+127%

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:ProfitLoss.

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 net income?: L3Harris Technologies (LHX) reported net income of $512M in Q1 2026.
How has L3Harris Technologies's net income changed year-over-year?: L3Harris Technologies's net income increased by 32.6% year-over-year, from $386M to $512M.
What is the long-term trend for L3Harris Technologies's net income?: Over 4 years (2021 to 2025), L3Harris Technologies's net income has grown at a -3.4% compound annual growth rate (CAGR), from $1.84B to $1.61B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.