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

Revenue by Business Segment by Basis of Pricing

2025-01-04 to 2026-01-02

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L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 Annual P&L / Income StatementIncome statement for 2025-01-04 through 2026-01-02. View: Segments by Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETIntegrated Mission Systems Segment - Fixed-priceCommunication Systems Segment - Fixed-priceSpace and Airborne Systems Segment - Fixed-priceSpace and Airborne Systems Segment - Cost-typeAerojet Rocketdyne Segment - Fixed-priceIntegrated Mission Systems Segment - Cost-typeAerojet Rocketdyne Segment - Cost-typeCommunication Systems Segment - Cost-typeRevenue (calculated)Gross profit (calculated)Total cost of revenue (calculated)Cost of revenueOperating incomeOperating expenses (calculated)General and administrative expensesImpairment of goodwill and other assetsIncome before income taxesOther income (expense), net (calculated)Net incomeIncome taxesGross profit (calculated)Gross profit(calculated)$5.63 BRevenue (calculated)Revenue (calculated)$21.87 BOperating incomeOperating income$2.11 BIncome before income taxesPretax income$1.93 BNet incomeNet income$1.61 BIntegrated Mission Systems Segment - Fixed-priceIMS - Fixed-price$5.05 BOperating expenses (calculated)Operating expenses(calculated)$3.52 BIncome taxesIncome taxes$326.00 MTotal cost of revenue (calculated)Total cost of revenue(calculated)$16.24 BCommunication Systems Segment - Fixed-priceCS - Fixed-price$4.83 BGeneral and administrative expensesGeneral andadministrative expenses$3.43 BOther income (expense), net (calculated)Other income,net (calculated)−$178.00 MImpairment of goodwill and other assetsImpairment of goodwilland other assets$85.00 MSpace and Airborne Systems Segment - Fixed-priceSAS - Fixed-price$4.62 BSpace and Airborne Systems Segment - Cost-typeSAS - Cost-type$2.26 BCost of revenueCost of revenue$16.24 BAerojet Rocketdyne Segment - Fixed-priceAR - Fixed-price$1.85 BIntegrated Mission Systems Segment - Cost-typeIMS - Cost-type$1.51 BAerojet Rocketdyne Segment - Cost-typeAR - Cost-type$967.00 MCommunication Systems Segment - Cost-typeCS - Cost-type$786.00 M
Chart details

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

Income statement for 2025-01-04 through 2026-01-02. View: Segments by Contract with Customer, Basis of Pricing. 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
Aerojet Rocketdyne Segment - Cost-type
967,000,000 US dollars
Aerojet Rocketdyne Segment - Fixed-price
1,850,000,000 US dollars
Communication Systems Segment - Cost-type
786,000,000 US dollars
Communication Systems Segment - Fixed-price
4,825,000,000 US dollars
Integrated Mission Systems Segment - Cost-type
1,505,000,000 US dollars
Integrated Mission Systems Segment - Fixed-price
5,050,000,000 US dollars
Space and Airborne Systems Segment - Cost-type
2,263,000,000 US dollars
Space and Airborne Systems Segment - Fixed-price
4,619,000,000 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

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.
L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 Annual Revenue by Business Segment by Basis of Pricing Sankey chart
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Gross margin

25.7%

Gross profit / revenue

Operating margin

9.7%

Operating profit / revenue

Cash conversion

193.4%

Operating cash / net income, same period

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