Non-Current Assets

Intangible assets — net

L3Harris Technologies Intangible assets — net decreased by 3.8% to $4.53B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.8%, from $5.65B to $4.53B. Over 5 years (FY 2021 to FY 2026), Intangible assets — net shows a downward trend with a -5.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

A declining balance indicates ongoing amortization, whereas a sudden drop may signal asset impairment.

Detailed definition

This represents the book value of intangible assets with finite useful lives after subtracting accumulated amortization...

Peer comparison

Standard reporting item for utilities and large corporations with significant software or franchise investments.

Metric ID: non_current_assets_finite_lived_intangible_assets_net

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.13B$4.97B$4.82B$4.18B$4.86B$4.60B$7.25B$6.74B$6.54B$6.28B$6.07B$5.84B$5.65B$5.46B$5.27B$4.71B$4.53B
QoQ Change-3.2%-3.1%-13.3%+16.4%-5.5%+57.6%-7.0%-3.0%-4.0%-3.3%-3.9%-3.3%-3.3%-3.5%-10.7%-3.8%
YoY Change-13.3%+61.3%+34.4%+36.5%-16.2%-13.4%-13.6%-13.0%-13.2%-19.4%-19.8%
Range$4.18B$7.25B
CAGR-3.1%
Avg YoY Growth+0.9%
Median YoY Growth-13.3%
Current Streak10 quarters decline

Frequently Asked Questions

What is L3Harris Technologies's intangible assets — net?
L3Harris Technologies (LHX) reported intangible assets — net of $4.53B in Q1 2026.
How has L3Harris Technologies's intangible assets — net changed year-over-year?
L3Harris Technologies's intangible assets — net decreased by 19.8% year-over-year, from $5.65B to $4.53B.
What is the long-term trend for L3Harris Technologies's intangible assets — net?
Over 5 years (2021 to 2026), L3Harris Technologies's intangible assets — net has grown at a -5.0% compound annual growth rate (CAGR), from $6.08B to $4.71B.
What does intangible assets — net mean?
The current book value of intangible assets with a limited useful life after accounting for wear and tear.