L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 YTD Q3 P&L / Income Statement

2025-01-04 to 2025-10-03

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L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 YTD Q3 P&L / Income StatementIncome statement for 2025-01-04 through 2025-10-03. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETSpace and Airborne Systems SegmentIntegrated Mission Systems SegmentCommunication Systems SegmentAerojet Rocketdyne SegmentRevenueRevenue before reconciliation (calculated)Communication Systems SegmentIntegrated Mission Systems SegmentSpace and Airborne Systems SegmentAerojet Rocketdyne SegmentGross profit (calculated)Cost of revenueOperating incomeOperating expenses (calculated)General and administrative expensesIncome before income taxesOther income (expense), net (calculated)Net incomeIncome taxesRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$16.39 BGross profit (calculated)Gross profit(calculated)$4.18 BRevenueRevenue$16.22 BOperating incomeOperating income$1.72 BIncome before income taxesPretax income$1.55 BNet incomeNet income$1.31 BSpace and Airborne Systems SegmentSAS$5.21 BOperating expenses (calculated)Operating expenses(calculated)$2.46 BIncome taxesIncome taxes$244.00 MGeneral and administrative expensesGeneral andadministrative expenses$2.46 BCost of revenueCost of revenue$12.04 BOther income (expense), net (calculated)Other income,net (calculated)−$167.00 MIntegrated Mission Systems SegmentIMS$4.91 BCommunication Systems SegmentCS$4.19 BAerojet Rocketdyne SegmentAR$2.08 BCommunication Systems SegmentCommunicationSystems Segment−$47.00 MIntegrated Mission Systems SegmentIntegrated MissionSystems Segment−$56.00 MSpace and Airborne Systems SegmentSpace and AirborneSystems Segment−$50.00 MAerojet Rocketdyne SegmentAerojet RocketdyneSegment−$23.00 M
Chart details

L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 YTD Q3 P&L / Income Statement

Income statement for 2025-01-04 through 2025-10-03. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
16,217,000,000 US dollars
Cost of revenue
12,038,000,000 US dollars
Gross profit (calculated)
4,179,000,000 US dollars
Operating expenses (calculated)
2,462,000,000 US dollars
Operating income
1,717,000,000 US dollars
Other income (expense), net (calculated)
negative 167,000,000 US dollars
Income before income taxes
1,550,000,000 US dollars
Income taxes
244,000,000 US dollars
Net income
1,306,000,000 US dollars
Communication Systems Segment
4,190,000,000 US dollars
Integrated Mission Systems Segment
4,914,000,000 US dollars
Space and Airborne Systems Segment
5,207,000,000 US dollars
Aerojet Rocketdyne Segment
2,082,000,000 US dollars
General and administrative expenses
2,462,000,000 US dollars
Revenue before reconciliation (calculated)
16,393,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Communication Systems Segment
negative 47,000,000 US dollars. Reported reconciliation to consolidated revenue.
Integrated Mission Systems Segment
negative 56,000,000 US dollars. Reported reconciliation to consolidated revenue.
Space and Airborne Systems Segment
negative 50,000,000 US dollars. Reported reconciliation to consolidated revenue.
Aerojet Rocketdyne Segment
negative 23,000,000 US dollars. Reported reconciliation to consolidated revenue.
Communication Systems Segment costs (calculated)
3,127,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Integrated Mission Systems Segment costs (calculated)
4,293,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Space and Airborne Systems Segment costs (calculated)
4,593,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Aerojet Rocketdyne Segment costs (calculated)
1,817,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Reconciling items (calculated)
670,000,000 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.
L3HARRIS TECHNOLOGIES, INC. (LHX) FY2025 YTD Q3 Revenue by Business Segment Sankey chart
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Gross margin

25.8%

Gross profit / revenue

Operating margin

10.6%

Operating profit / revenue

Cash conversion

87.6%

Operating cash / net income, same period

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