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

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, 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 - SubcontractorAerojet Rocketdyne Segment - SubcontractorIntegrated Mission Systems Segment - SubcontractorCommunication Systems Segment - SubcontractorAerojet Rocketdyne Segment - Prime contractorRevenue (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 - Prime contractorIMS - Prime contractor$4.60 BOperating expenses (calculated)Operating expenses(calculated)$3.52 BIncome taxesIncome taxes$326.00 MSpace and Airborne Systems Segment - Prime contractorSAS - Prime contractor$4.31 BTotal cost of revenue (calculated)Total cost of revenue(calculated)$16.24 BGeneral and administrative expensesGeneral andadministrative expenses$3.43 BOther income (expense), net (calculated)Other income,net (calculated)−$178.00 MCommunication Systems Segment - Prime contractorCS - Prime contractor$4.29 BImpairment of goodwill and other assetsImpairment of goodwilland other assets$85.00 MSpace and Airborne Systems Segment - SubcontractorSAS - Subcontractor$2.58 BAerojet Rocketdyne Segment - SubcontractorAR - Subcontractor$2.17 BCost of revenueCost of revenue$16.24 BIntegrated Mission Systems Segment - SubcontractorIMS - Subcontractor$1.96 BCommunication Systems Segment - SubcontractorCS - Subcontractor$1.32 BAerojet Rocketdyne Segment - Prime contractorAR - Prime contractor$650.00 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, Sales Channel. 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 - Prime contractor
650,000,000 US dollars
Aerojet Rocketdyne Segment - Subcontractor
2,167,000,000 US dollars
Communication Systems Segment - Prime contractor
4,287,000,000 US dollars
Communication Systems Segment - Subcontractor
1,324,000,000 US dollars
Integrated Mission Systems Segment - Prime contractor
4,598,000,000 US dollars
Integrated Mission Systems Segment - Subcontractor
1,957,000,000 US dollars
Space and Airborne Systems Segment - Prime contractor
4,307,000,000 US dollars
Space and Airborne Systems Segment - Subcontractor
2,575,000,000 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 Sales Channel 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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