# L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Q3 P&L / Income Statement - Company: L3HARRIS TECHNOLOGIES, INC. (LHX) - Period: 2024-06-29 to 2024-09-27 - Filing: Q3 FY2024 10-Q, filed 2024-10-25, accession number 0000202058-24-000168 - Page: https://plicit.ai/financials/lhx/fy2024-q3-income-statement - Chart image: https://plicit.ai/charts/lhx-fy2024-q3-income-statement-sankey.png ## Chart details: Revenue by Business Segment by Basis of Pricing Income statement for 2024-06-29 through 2024-09-27. View: Segments by Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 5,292,000,000 US dollars - **Cost of revenue**: 3,873,000,000 US dollars - **Gross profit (calculated)**: 1,419,000,000 US dollars - **Operating expenses (calculated)**: 924,000,000 US dollars - **Operating income**: 495,000,000 US dollars - **Other income (expense), net (calculated)**: negative 65,000,000 US dollars - **Income before income taxes**: 430,000,000 US dollars - **Income taxes**: 26,000,000 US dollars - **Net income**: 404,000,000 US dollars - **Aerojet Rocketdyne Segment - Cost-reimbursable**: 235,000,000 US dollars - **Aerojet Rocketdyne Segment - Fixed-price**: 361,000,000 US dollars - **Communication Systems Segment - Cost-reimbursable**: 219,000,000 US dollars - **Communication Systems Segment - Fixed-price**: 1,146,000,000 US dollars - **Integrated Mission Systems Segment - Cost-reimbursable**: 402,000,000 US dollars - **Integrated Mission Systems Segment - Fixed-price**: 1,258,000,000 US dollars - **Space and Airborne Systems Segment - Cost-reimbursable**: 659,000,000 US dollars - **Space and Airborne Systems Segment - Fixed-price**: 1,012,000,000 US dollars - **General and administrative expenses**: 924,000,000 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. - Of which attributable to L3HARRIS TECHNOLOGIES, INC.: $400.00 M; to noncontrolling interests: $4.00 M. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/lhx/fy2024-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/lhx-fy2024-q3-revenue-by-business-segment-sankey.png Income statement for 2024-06-29 through 2024-09-27. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 5,292,000,000 US dollars - **Cost of revenue**: 3,873,000,000 US dollars - **Gross profit (calculated)**: 1,419,000,000 US dollars - **Operating expenses (calculated)**: 924,000,000 US dollars - **Operating income**: 495,000,000 US dollars - **Other income (expense), net (calculated)**: negative 65,000,000 US dollars - **Income before income taxes**: 430,000,000 US dollars - **Income taxes**: 26,000,000 US dollars - **Net income**: 404,000,000 US dollars - **Space and Airborne Systems Segment**: 1,683,000,000 US dollars - **Integrated Mission Systems Segment**: 1,671,000,000 US dollars - **Communication Systems Segment**: 1,382,000,000 US dollars - **Aerojet Rocketdyne Segment**: 596,000,000 US dollars - **General and administrative expenses**: 924,000,000 US dollars - **Revenue before reconciliation (calculated)**: 5,332,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Space and Airborne Systems Segment**: negative 12,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Integrated Mission Systems Segment**: negative 11,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Communication Systems Segment**: negative 17,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Aerojet Rocketdyne Segment**: 0 US dollars. Reported reconciliation to consolidated revenue. - **Space and Airborne Systems Segment costs (calculated)**: 1,488,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Integrated Mission Systems Segment costs (calculated)**: 1,467,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Communication Systems Segment costs (calculated)**: 1,023,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Aerojet Rocketdyne Segment costs (calculated)**: 521,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 298,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### 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. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. - Of which attributable to L3HARRIS TECHNOLOGIES, INC.: $400.00 M; to noncontrolling interests: $4.00 M. ## Chart details: Revenue by Business Segment by Geography - Page: https://plicit.ai/financials/lhx/fy2024-q3-income-statement/revenue-by-business-segment-by-geography - Chart image: https://plicit.ai/charts/lhx-fy2024-q3-revenue-by-business-segment-by-geography-sankey.png Income statement for 2024-06-29 through 2024-09-27. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 5,292,000,000 US dollars - **Cost of revenue**: 3,873,000,000 US dollars - **Gross profit (calculated)**: 1,419,000,000 US dollars - **Operating expenses (calculated)**: 924,000,000 US dollars - **Operating income**: 495,000,000 US dollars - **Other income (expense), net (calculated)**: negative 65,000,000 US dollars - **Income before income taxes**: 430,000,000 US dollars - **Income taxes**: 26,000,000 US dollars - **Net income**: 404,000,000 US dollars - **Aerojet Rocketdyne Segment - UNITED STATES**: 584,000,000 US dollars - **Aerojet Rocketdyne Segment - International**: 12,000,000 US dollars - **Communication Systems Segment - UNITED STATES**: 975,000,000 US dollars - **Communication Systems Segment - International**: 390,000,000 US dollars - **Integrated Mission Systems Segment - UNITED STATES**: 1,217,000,000 US dollars - **Integrated Mission Systems Segment - International**: 443,000,000 US dollars - **Space and Airborne Systems Segment - UNITED STATES**: 1,484,000,000 US dollars - **Space and Airborne Systems Segment - International**: 187,000,000 US dollars - **General and administrative expenses**: 924,000,000 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. - Of which attributable to L3HARRIS TECHNOLOGIES, INC.: $400.00 M; to noncontrolling interests: $4.00 M. ## Chart details: Revenue by Business Segment by Sales Channel - Page: https://plicit.ai/financials/lhx/fy2024-q3-income-statement/revenue-by-business-segment-by-sales-channel - Chart image: https://plicit.ai/charts/lhx-fy2024-q3-revenue-by-business-segment-by-sales-channel-sankey.png Income statement for 2024-06-29 through 2024-09-27. View: Segments by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 5,292,000,000 US dollars - **Cost of revenue**: 3,873,000,000 US dollars - **Gross profit (calculated)**: 1,419,000,000 US dollars - **Operating expenses (calculated)**: 924,000,000 US dollars - **Operating income**: 495,000,000 US dollars - **Other income (expense), net (calculated)**: negative 65,000,000 US dollars - **Income before income taxes**: 430,000,000 US dollars - **Income taxes**: 26,000,000 US dollars - **Net income**: 404,000,000 US dollars - **Aerojet Rocketdyne Segment - Prime contractor**: 149,000,000 US dollars - **Aerojet Rocketdyne Segment - Subcontractor**: 447,000,000 US dollars - **Communication Systems Segment - Prime contractor**: 977,000,000 US dollars - **Communication Systems Segment - Subcontractor**: 388,000,000 US dollars - **Integrated Mission Systems Segment - Prime contractor**: 1,051,000,000 US dollars - **Integrated Mission Systems Segment - Subcontractor**: 609,000,000 US dollars - **Space and Airborne Systems Segment - Prime contractor**: 1,008,000,000 US dollars - **Space and Airborne Systems Segment - Subcontractor**: 663,000,000 US dollars - **General and administrative expenses**: 924,000,000 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. - Of which attributable to L3HARRIS TECHNOLOGIES, INC.: $400.00 M; to noncontrolling interests: $4.00 M.