Income StatementBalance SheetCash FlowSegments
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L3Harris Technologies Business Segments

Business, geographic, and product segment breakdowns

L3Harris Technologies generates $38.7B in annual revenue across 3 key segments: CS ($10.4B), IMS ($10.9B), and SAS ($13.5B). The company-wide operating margin is 10.22%. Based on the Q2 2026 filing.

CS (TTM)$10.4BIMS (TTM)$10.9BSAS (TTM)$13.5B
Latest FilingQ2 2026
Report Date2026-04-30
Market Cap$58.1B
P/E Ratio33.56
ROE8.93%

Products & Services

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cost of Product and Service Sold$1.2B$1.2B$1.2B$1.2B$1.2B—
Revenue from Contract with Customer, Excluding Assessed Tax$1.5B$1.6B$1.6B$1.6B$1.6B—

Geographic

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue$1.2B$1.2B$1.1B$1.2B$1.3B$1.3B

Business Segments

Accumulated goodwill impairment loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CSD————$431.0M$431.0M
MSL————$337.0M$337.0M
SMS————$120.0M$120.0M

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
SAS$8.7B$9.1B$9.3B$9.1B$13.7B$14.3B
CS$7.1B$7.1B$7.1B$7.2B$10.9B$10.9B
IMS$10.4B$9.6B$9.7B$9.7B$6.6B$6.7B

CapEx

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
IMS$22.0M$14.0M$15.0M$16.0M$23.0M$33.0M
SAS$33.0M$35.0M$24.0M$31.0M$44.0M$29.0M
CS$23.0M$8.0M$14.0M$19.0M$30.0M$18.0M

Cost of Product and Service Sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
SAS$5.4B$1.9B$1.4B$1.4B$5.5B$2.4B
CS$3.5B$1.2B$870.0M$911.0M$3.6B$1.2B
IMS$5.0B$656.0M$1.3B$1.3B$5.2B$807.0M

Currency translation adjustments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CSD—————-$6.0M
SMS—————-$5.0M
MSL—————$0.0

D&A

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
SAS$38.0M$40.0M$33.0M$40.0M$40.0M$42.0M
CS$14.0M$17.0M$13.0M$13.0M$14.0M$18.0M
IMS$17.0M$16.0M$17.0M$20.0M$18.0M$14.0M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
SMS————$9.0B$9.0B
CSD————$7.7B$7.7B
MSL————$3.3B$3.3B

Operating Income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CS$1.3B$443.0M$336.0M$382.0M$1.4B$465.0M
SAS$812.0M$238.0M$220.0M$218.0M$852.0M$313.0M
IMS$826.0M$96.0M$214.0M$204.0M$812.0M$124.0M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
SAS$6.9B$2.4B$1.8B$1.8B$6.9B$3.0B
CS$5.5B$1.8B$1.4B$1.5B$5.7B$1.9B
IMS$6.6B$840.0M$1.6B$1.7B$6.6B$990.0M