L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Q3 P&L / Income Statement

Revenue by Business Segment by Sales Channel

2024-06-29 to 2024-09-27

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L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Q3 P&L / Income StatementIncome 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.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETIntegrated Mission Systems Segment - Prime contractorSpace and Airborne Systems Segment - Prime contractorCommunication Systems Segment - Prime contractorSpace and Airborne Systems Segment - SubcontractorIntegrated Mission Systems Segment - SubcontractorAerojet Rocketdyne Segment - SubcontractorCommunication Systems Segment - SubcontractorAerojet Rocketdyne Segment - Prime contractorRevenueGross 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)$1.42 BRevenueRevenue$5.29 BOperating incomeOperating income$495.00 MIncome before income taxesPretax income$430.00 MNet incomeNet income$404.00 MIntegrated Mission Systems Segment - Prime contractorIMS - Prime contractor$1.05 BOperating expenses (calculated)Operating expenses(calculated)$924.00 MIncome taxesIncome taxes$26.00 MSpace and Airborne Systems Segment - Prime contractorSAS - Prime contractor$1.01 BGeneral and administrative expensesGeneral andadministrative expenses$924.00 MCost of revenueCost of revenue$3.87 BOther income (expense), net (calculated)Other income,net (calculated)−$65.00 MCommunication Systems Segment - Prime contractorCS - Prime contractor$977.00 MSpace and Airborne Systems Segment - SubcontractorSAS - Subcontractor$663.00 MIntegrated Mission Systems Segment - SubcontractorIMS - Subcontractor$609.00 MAerojet Rocketdyne Segment - SubcontractorAR - Subcontractor$447.00 MCommunication Systems Segment - SubcontractorCS - Subcontractor$388.00 MAerojet Rocketdyne Segment - Prime contractorAR - Prime contractor$149.00 M
Chart details

L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Q3 P&L / Income Statement

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.
L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Q3 Revenue by Business Segment by Sales Channel Sankey chart
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Gross margin

26.8%

Gross profit / revenue

Operating margin

9.4%

Operating profit / revenue

Cash conversion

193.1%

Operating cash / net income, same period

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