L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 Q1 P&L / Income Statement

L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 Q1 P&L / Income Statement

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.