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

Revenue by Business Segment by Sales Channel

2023-12-30 to 2024-09-27

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L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 YTD Q3 P&L / Income StatementIncome 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.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)$4.13 BRevenueRevenue$15.80 BOperating incomeOperating income$1.35 BIncome before income taxesPretax income$1.11 BNet incomeNet income$1.06 BIntegrated Mission Systems Segment - Prime contractorIMS - Prime contractor$3.21 BOperating expenses (calculated)Operating expenses(calculated)$2.78 BIncome taxesIncome taxes$54.00 MSpace and Airborne Systems Segment - Prime contractorSAS - Prime contractor$3.19 BGeneral and administrative expensesGeneral andadministrative expenses$2.78 BOther income (expense), net (calculated)Other income,net (calculated)−$239.00 MCost of revenueCost of revenue$11.68 BCommunication Systems Segment - Prime contractorCS - Prime contractor$2.81 BSpace and Airborne Systems Segment - SubcontractorSAS - Subcontractor$1.91 BIntegrated Mission Systems Segment - SubcontractorIMS - Subcontractor$1.80 BAerojet Rocketdyne Segment - SubcontractorAR - Subcontractor$1.26 BCommunication Systems Segment - SubcontractorCS - Subcontractor$1.16 BAerojet Rocketdyne Segment - Prime contractorAR - Prime contractor$457.00 M
Chart details

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

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

26.1%

Gross profit / revenue

Operating margin

8.5%

Operating profit / revenue

Cash conversion

135.4%

Operating cash / net income, same period

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