Other

Tax loss and credit carryforwards

L3Harris Technologies Tax loss and credit carryforwards decreased by 10.8% to $222.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 10.8%, from $249.00M to $222.00M. Over 5 years (FY 2021 to FY 2026), Tax loss and credit carryforwards shows an upward trend with a 7.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryOther
SignalHigher is better
VolatilityModerate
First reportedQ2 2016
Last reportedQ4 2025

How to read this metric

An increase suggests the company has accumulated significant tax shields that could lower future cash tax payments, while a decrease may indicate utilization of these assets.

Detailed definition

This represents the future tax benefit derived from net operating losses and unused tax credits that can be carried forw...

Peer comparison

Common across capital-intensive industries and firms undergoing M&A or restructuring; peers often disclose these in tax footnotes.

Metric ID: other_deferred_tax_assets_operating_loss_and_tax_credit__dfce29

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$174.00M$194.00M$217.00M$249.00M$222.00M
QoQ Change+11.5%+11.9%+14.7%-10.8%
YoY Change+11.5%+11.9%+14.7%-10.8%
Range$174.00M$249.00M
CAGR+27.6%
Avg YoY Growth+6.8%
Median YoY Growth+11.7%

Frequently Asked Questions

What is L3Harris Technologies's tax loss and credit carryforwards?
L3Harris Technologies (LHX) reported tax loss and credit carryforwards of $222.00M in Q4 2025.
How has L3Harris Technologies's tax loss and credit carryforwards changed year-over-year?
L3Harris Technologies's tax loss and credit carryforwards decreased by 10.8% year-over-year, from $249.00M to $222.00M.
What is the long-term trend for L3Harris Technologies's tax loss and credit carryforwards?
Over 5 years (2021 to 2026), L3Harris Technologies's tax loss and credit carryforwards has grown at a 7.7% compound annual growth rate (CAGR), from $153.00M to $222.00M.
What does tax loss and credit carryforwards mean?
The value of future tax savings from past losses or unused tax credits.