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

- Company: L3HARRIS TECHNOLOGIES, INC. (LHX)
- Period: 2023-12-30 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-ytd-q3-income-statement
- Chart image: https://plicit.ai/charts/lhx-fy2024-ytd-q3-income-statement-sankey.png

## Chart details: Revenue by Business Segment by Basis of Pricing

Income statement for 2023-12-30 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**: 15,802,000,000 US dollars
- **Cost of revenue**: 11,675,000,000 US dollars
- **Gross profit (calculated)**: 4,127,000,000 US dollars
- **Operating expenses (calculated)**: 2,778,000,000 US dollars
- **Operating income**: 1,349,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 239,000,000 US dollars
- **Income before income taxes**: 1,110,000,000 US dollars
- **Income taxes**: 54,000,000 US dollars
- **Net income**: 1,056,000,000 US dollars
- **Aerojet Rocketdyne Segment - Cost-reimbursable**: 712,000,000 US dollars
- **Aerojet Rocketdyne Segment - Fixed-price**: 1,007,000,000 US dollars
- **Communication Systems Segment - Cost-reimbursable**: 640,000,000 US dollars
- **Communication Systems Segment - Fixed-price**: 3,329,000,000 US dollars
- **Integrated Mission Systems Segment - Cost-reimbursable**: 1,137,000,000 US dollars
- **Integrated Mission Systems Segment - Fixed-price**: 3,876,000,000 US dollars
- **Space and Airborne Systems Segment - Cost-reimbursable**: 1,909,000,000 US dollars
- **Space and Airborne Systems Segment - Fixed-price**: 3,192,000,000 US dollars
- **General and administrative expenses**: 2,778,000,000 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.: $1.05 B; to noncontrolling interests: $7.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/lhx/fy2024-ytd-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/lhx-fy2024-ytd-q3-revenue-by-business-segment-sankey.png

Income statement for 2023-12-30 through 2024-09-27. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 15,802,000,000 US dollars
- **Cost of revenue**: 11,675,000,000 US dollars
- **Gross profit (calculated)**: 4,127,000,000 US dollars
- **Operating expenses (calculated)**: 2,778,000,000 US dollars
- **Operating income**: 1,349,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 239,000,000 US dollars
- **Income before income taxes**: 1,110,000,000 US dollars
- **Income taxes**: 54,000,000 US dollars
- **Net income**: 1,056,000,000 US dollars
- **Space and Airborne Systems Segment**: 5,141,000,000 US dollars
- **Integrated Mission Systems Segment**: 5,069,000,000 US dollars
- **Communication Systems Segment**: 4,022,000,000 US dollars
- **Aerojet Rocketdyne Segment**: 1,719,000,000 US dollars
- **General and administrative expenses**: 2,778,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 15,951,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Space and Airborne Systems Segment**: negative 40,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Integrated Mission Systems Segment**: negative 56,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Communication Systems Segment**: negative 53,000,000 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)**: 4,515,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Integrated Mission Systems Segment costs (calculated)**: 4,469,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Communication Systems Segment costs (calculated)**: 3,024,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Aerojet Rocketdyne Segment costs (calculated)**: 1,497,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 948,000,000 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.: $1.05 B; to noncontrolling interests: $7.00 M.

## Chart details: Revenue by Business Segment by Geography

- Page: https://plicit.ai/financials/lhx/fy2024-ytd-q3-income-statement/revenue-by-business-segment-by-geography
- Chart image: https://plicit.ai/charts/lhx-fy2024-ytd-q3-revenue-by-business-segment-by-geography-sankey.png

Income statement for 2023-12-30 through 2024-09-27. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 15,802,000,000 US dollars
- **Cost of revenue**: 11,675,000,000 US dollars
- **Gross profit (calculated)**: 4,127,000,000 US dollars
- **Operating expenses (calculated)**: 2,778,000,000 US dollars
- **Operating income**: 1,349,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 239,000,000 US dollars
- **Income before income taxes**: 1,110,000,000 US dollars
- **Income taxes**: 54,000,000 US dollars
- **Net income**: 1,056,000,000 US dollars
- **Aerojet Rocketdyne Segment - UNITED STATES**: 1,682,000,000 US dollars
- **Aerojet Rocketdyne Segment - International**: 37,000,000 US dollars
- **Communication Systems Segment - UNITED STATES**: 2,786,000,000 US dollars
- **Communication Systems Segment - International**: 1,183,000,000 US dollars
- **Integrated Mission Systems Segment - UNITED STATES**: 3,683,000,000 US dollars
- **Integrated Mission Systems Segment - International**: 1,330,000,000 US dollars
- **Space and Airborne Systems Segment - UNITED STATES**: 4,479,000,000 US dollars
- **Space and Airborne Systems Segment - International**: 622,000,000 US dollars
- **General and administrative expenses**: 2,778,000,000 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.: $1.05 B; to noncontrolling interests: $7.00 M.

## Chart details: Revenue by Business Segment by Sales Channel

- Page: https://plicit.ai/financials/lhx/fy2024-ytd-q3-income-statement/revenue-by-business-segment-by-sales-channel
- Chart image: https://plicit.ai/charts/lhx-fy2024-ytd-q3-revenue-by-business-segment-by-sales-channel-sankey.png

Income statement for 2023-12-30 through 2024-09-27. View: Segments by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 15,802,000,000 US dollars
- **Cost of revenue**: 11,675,000,000 US dollars
- **Gross profit (calculated)**: 4,127,000,000 US dollars
- **Operating expenses (calculated)**: 2,778,000,000 US dollars
- **Operating income**: 1,349,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 239,000,000 US dollars
- **Income before income taxes**: 1,110,000,000 US dollars
- **Income taxes**: 54,000,000 US dollars
- **Net income**: 1,056,000,000 US dollars
- **Aerojet Rocketdyne Segment - Prime contractor**: 457,000,000 US dollars
- **Aerojet Rocketdyne Segment - Subcontractor**: 1,262,000,000 US dollars
- **Communication Systems Segment - Prime contractor**: 2,805,000,000 US dollars
- **Communication Systems Segment - Subcontractor**: 1,164,000,000 US dollars
- **Integrated Mission Systems Segment - Prime contractor**: 3,214,000,000 US dollars
- **Integrated Mission Systems Segment - Subcontractor**: 1,799,000,000 US dollars
- **Space and Airborne Systems Segment - Prime contractor**: 3,192,000,000 US dollars
- **Space and Airborne Systems Segment - Subcontractor**: 1,909,000,000 US dollars
- **General and administrative expenses**: 2,778,000,000 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.: $1.05 B; to noncontrolling interests: $7.00 M.