# L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 Q1 P&L / Income Statement - Company: L3HARRIS TECHNOLOGIES, INC. (LHX) - Period: 2025-01-04 to 2025-03-28 - Filing: Q1 FY2025 10-Q, filed 2025-04-24, accession number 0000202058-25-000101 - Page: https://plicit.ai/financials/lhx/fy2025-q1-income-statement - Chart image: https://plicit.ai/charts/lhx-fy2025-q1-income-statement-sankey.png ## Chart details: Revenue by Business Segment by Basis of Pricing Income statement for 2025-01-04 through 2025-03-28. View: Segments by Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 5,132,000,000 US dollars - **Cost of revenue**: 3,782,000,000 US dollars - **Gross profit (calculated)**: 1,350,000,000 US dollars - **Operating expenses (calculated)**: 825,000,000 US dollars - **Operating income**: 525,000,000 US dollars - **Other income (expense), net (calculated)**: negative 66,000,000 US dollars - **Income before income taxes**: 459,000,000 US dollars - **Income taxes**: 73,000,000 US dollars - **Net income**: 386,000,000 US dollars - **Aerojet Rocketdyne Segment - Cost-reimbursable**: 227,000,000 US dollars - **Aerojet Rocketdyne Segment - Fixed-price**: 392,000,000 US dollars - **Communication Systems Segment - Cost-reimbursable**: 179,000,000 US dollars - **Communication Systems Segment - Fixed-price**: 1,161,000,000 US dollars - **Integrated Mission Systems Segment - Cost-reimbursable**: 324,000,000 US dollars - **Integrated Mission Systems Segment - Fixed-price**: 1,255,000,000 US dollars - **Space and Airborne Systems Segment - Cost-reimbursable**: 600,000,000 US dollars - **Space and Airborne Systems Segment - Fixed-price**: 994,000,000 US dollars - **General and administrative expenses**: 825,000,000 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. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/lhx/fy2025-q1-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/lhx-fy2025-q1-revenue-by-business-segment-sankey.png Income statement for 2025-01-04 through 2025-03-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 5,132,000,000 US dollars - **Cost of revenue**: 3,782,000,000 US dollars - **Gross profit (calculated)**: 1,350,000,000 US dollars - **Operating expenses (calculated)**: 825,000,000 US dollars - **Operating income**: 525,000,000 US dollars - **Other income (expense), net (calculated)**: negative 66,000,000 US dollars - **Income before income taxes**: 459,000,000 US dollars - **Income taxes**: 73,000,000 US dollars - **Net income**: 386,000,000 US dollars - **Communication Systems Segment**: 1,352,000,000 US dollars - **Integrated Mission Systems Segment**: 1,592,000,000 US dollars - **Space and Airborne Systems Segment**: 1,611,000,000 US dollars - **Aerojet Rocketdyne Segment**: 629,000,000 US dollars - **General and administrative expenses**: 825,000,000 US dollars - **Revenue before reconciliation (calculated)**: 5,184,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Communication Systems Segment**: negative 12,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Integrated Mission Systems Segment**: negative 13,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Space and Airborne Systems Segment**: negative 17,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Aerojet Rocketdyne Segment**: negative 10,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Communication Systems Segment costs (calculated)**: 1,007,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Integrated Mission Systems Segment costs (calculated)**: 1,389,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Space and Airborne Systems Segment costs (calculated)**: 1,435,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Aerojet Rocketdyne Segment costs (calculated)**: 553,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 223,000,000 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. ## Chart details: Revenue by Business Segment by Geography - Page: https://plicit.ai/financials/lhx/fy2025-q1-income-statement/revenue-by-business-segment-by-geography - Chart image: https://plicit.ai/charts/lhx-fy2025-q1-revenue-by-business-segment-by-geography-sankey.png Income statement for 2025-01-04 through 2025-03-28. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 5,132,000,000 US dollars - **Cost of revenue**: 3,782,000,000 US dollars - **Gross profit (calculated)**: 1,350,000,000 US dollars - **Operating expenses (calculated)**: 825,000,000 US dollars - **Operating income**: 525,000,000 US dollars - **Other income (expense), net (calculated)**: negative 66,000,000 US dollars - **Income before income taxes**: 459,000,000 US dollars - **Income taxes**: 73,000,000 US dollars - **Net income**: 386,000,000 US dollars - **Aerojet Rocketdyne Segment - UNITED STATES**: 609,000,000 US dollars - **Aerojet Rocketdyne Segment - International**: 10,000,000 US dollars - **Communication Systems Segment - UNITED STATES**: 844,000,000 US dollars - **Communication Systems Segment - International**: 496,000,000 US dollars - **Integrated Mission Systems Segment - UNITED STATES**: 1,147,000,000 US dollars - **Integrated Mission Systems Segment - International**: 432,000,000 US dollars - **Space and Airborne Systems Segment - UNITED STATES**: 1,376,000,000 US dollars - **Space and Airborne Systems Segment - International**: 218,000,000 US dollars - **General and administrative expenses**: 825,000,000 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. ## Chart details: Revenue by Business Segment by Sales Channel - Page: https://plicit.ai/financials/lhx/fy2025-q1-income-statement/revenue-by-business-segment-by-sales-channel - Chart image: https://plicit.ai/charts/lhx-fy2025-q1-revenue-by-business-segment-by-sales-channel-sankey.png Income statement for 2025-01-04 through 2025-03-28. View: Segments by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 5,132,000,000 US dollars - **Cost of revenue**: 3,782,000,000 US dollars - **Gross profit (calculated)**: 1,350,000,000 US dollars - **Operating expenses (calculated)**: 825,000,000 US dollars - **Operating income**: 525,000,000 US dollars - **Other income (expense), net (calculated)**: negative 66,000,000 US dollars - **Income before income taxes**: 459,000,000 US dollars - **Income taxes**: 73,000,000 US dollars - **Net income**: 386,000,000 US dollars - **Aerojet Rocketdyne Segment - Prime contractor**: 139,000,000 US dollars - **Aerojet Rocketdyne Segment - Subcontractor**: 480,000,000 US dollars - **Communication Systems Segment - Prime contractor**: 995,000,000 US dollars - **Communication Systems Segment - Subcontractor**: 345,000,000 US dollars - **Integrated Mission Systems Segment - Prime contractor**: 1,049,000,000 US dollars - **Integrated Mission Systems Segment - Subcontractor**: 530,000,000 US dollars - **Space and Airborne Systems Segment - Prime contractor**: 1,008,000,000 US dollars - **Space and Airborne Systems Segment - Subcontractor**: 586,000,000 US dollars - **General and administrative expenses**: 825,000,000 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.