L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 Annual P&L / Income Statement

L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-04 through 2026-01-02. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue (calculated)

21,865,000,000 US dollars

Total cost of revenue (calculated)

16,240,000,000 US dollars

Gross profit (calculated)

5,625,000,000 US dollars

Operating expenses (calculated)

3,515,000,000 US dollars

Operating income

2,110,000,000 US dollars

Other income (expense), net (calculated)

negative 178,000,000 US dollars

Income before income taxes

1,932,000,000 US dollars

Income taxes

326,000,000 US dollars

Net income

1,606,000,000 US dollars

Communication Systems Segment

5,673,000,000 US dollars

Integrated Mission Systems Segment

6,630,000,000 US dollars

Space and Airborne Systems Segment

6,946,000,000 US dollars

Aerojet Rocketdyne Segment

2,845,000,000 US dollars

Cost of revenue

16,240,000,000 US dollars

General and administrative expenses

3,430,000,000 US dollars

Impairment of goodwill and other assets

85,000,000 US dollars

Revenue before reconciliation (calculated)

22,094,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Communication Systems Segment

negative 62,000,000 US dollars. Reported reconciliation to consolidated revenue.

Integrated Mission Systems Segment

negative 75,000,000 US dollars. Reported reconciliation to consolidated revenue.

Space and Airborne Systems Segment

negative 64,000,000 US dollars. Reported reconciliation to consolidated revenue.

Aerojet Rocketdyne Segment

negative 28,000,000 US dollars. Reported reconciliation to consolidated revenue.

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.