Current Assets

Total Current Assets

L3Harris Technologies Total Current Assets increased by 3.5% to $8.89B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.1%, from $7.60B to $8.89B. Over 5 years (FY 2021 to FY 2026), Total Current Assets shows an upward trend with a 5.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.59B$6.63B$6.36B$6.25B$6.19B$6.43B$6.75B$7.00B$6.85B$7.50B$8.06B$8.27B$8.05B$8.30B$8.22B$7.60B$7.61B$7.59B$8.59B$8.89B
QoQ Change-12.7%-4.0%-1.7%-1.0%+3.9%+5.0%+3.6%-2.1%+9.5%+7.4%+2.6%-2.6%+3.2%-1.0%-7.6%+0.2%-0.2%+13.2%+3.5%
YoY Change-18.5%-2.9%+6.2%+12.0%+10.7%+16.6%+19.3%+18.1%+17.5%+10.7%+2.0%-8.1%-5.5%-8.5%+4.6%+17.1%
Range$6.19B$8.89B
CAGR+3.4%
Avg YoY Growth+5.7%
Median YoY Growth+8.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is L3Harris Technologies's total current assets?
L3Harris Technologies (LHX) reported total current assets of $8.89B in Q1 2026.
How has L3Harris Technologies's total current assets changed year-over-year?
L3Harris Technologies's total current assets increased by 17.1% year-over-year, from $7.60B to $8.89B.
What is the long-term trend for L3Harris Technologies's total current assets?
Over 5 years (2021 to 2026), L3Harris Technologies's total current assets has grown at a 5.2% compound annual growth rate (CAGR), from $6.67B to $8.59B.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.