L3HARRIS TECHNOLOGIES, INC. (LHX) FY2026 Q1 P&L / Income Statement

Revenue by Business Segment by Basis of Pricing

2026-01-03 to 2026-04-03

Swipe to see the full flow
L3HARRIS TECHNOLOGIES, INC. (LHX) FY2026 Q1 P&L / Income StatementIncome statement for 2026-01-03 through 2026-04-03. View: Segments by Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSpace and Airborne Systems Segment - Fixed-priceCommunication Systems Segment - Fixed-priceSpace and Airborne Systems Segment - Cost-typeIntegrated Mission Systems Segment - Fixed-priceIntegrated Mission Systems Segment - Cost-typeCommunication Systems Segment - Cost-typeRevenueGross profit (calculated)Cost of revenueOperating incomeOperating expenses (calculated)General and administrative expensesIncome before income taxesOther income (expense), net (calculated)Net incomeIncome taxesGross profit (calculated)Gross profit(calculated)$1.40 BRevenueRevenue$5.74 BOperating incomeOperating income$652.00 MIncome before income taxesPretax income$589.00 MNet incomeNet income$512.00 MSpace and Airborne Systems Segment - Fixed-priceSMS - Fixed-price$1.91 BOperating expenses (calculated)Operating expenses(calculated)$750.00 MIncome taxesIncome taxes$77.00 MCost of revenueCost of revenue$4.34 BGeneral and administrative expensesGeneral andadministrative expenses$750.00 MOther income (expense), net (calculated)Other income,net (calculated)−$63.00 MCommunication Systems Segment - Fixed-priceCSD - Fixed-price$1.52 BSpace and Airborne Systems Segment - Cost-typeSMS - Cost-type$1.06 BIntegrated Mission Systems Segment - Fixed-priceMSL - Fixed-price$643.00 MIntegrated Mission Systems Segment - Cost-typeMSL - Cost-type$336.00 MCommunication Systems Segment - Cost-typeCSD - Cost-type$278.00 M
Chart details

L3HARRIS TECHNOLOGIES, INC. (LHX) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-03 through 2026-04-03. View: Segments by Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
5,744,000,000 US dollars
Cost of revenue
4,342,000,000 US dollars
Gross profit (calculated)
1,402,000,000 US dollars
Operating expenses (calculated)
750,000,000 US dollars
Operating income
652,000,000 US dollars
Other income (expense), net (calculated)
negative 63,000,000 US dollars
Income before income taxes
589,000,000 US dollars
Income taxes
77,000,000 US dollars
Net income
512,000,000 US dollars
Communication Systems Segment - Cost-type
278,000,000 US dollars
Communication Systems Segment - Fixed-price
1,520,000,000 US dollars
Integrated Mission Systems Segment - Cost-type
336,000,000 US dollars
Integrated Mission Systems Segment - Fixed-price
643,000,000 US dollars
Space and Airborne Systems Segment - Cost-type
1,057,000,000 US dollars
Space and Airborne Systems Segment - Fixed-price
1,910,000,000 US dollars
General and administrative expenses
750,000,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
L3HARRIS TECHNOLOGIES, INC. (LHX) FY2026 Q1 P&L / Income Statement Sankey chart, Segments by Contract with Customer, Basis of Pricing view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

24.4%

Gross profit / revenue

Operating margin

11.4%

Operating profit / revenue

Cash conversion

−18.6%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!