L3HARRIS TECHNOLOGIES, INC. (LHX) FY2026 Q1 P&L / Income Statement

Revenue by Business Segment by Sales Channel

2026-01-03 to 2026-04-03

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L3HARRIS TECHNOLOGIES, INC. (LHX) FY2026 Q1 P&L / Income StatementIncome statement for 2026-01-03 through 2026-04-03. View: Segments by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSpace and Airborne Systems Segment - Prime contractorCommunication Systems Segment - Prime contractorIntegrated Mission Systems Segment - SubcontractorSpace and Airborne Systems Segment - SubcontractorCommunication Systems Segment - SubcontractorIntegrated Mission Systems Segment - Prime contractorRevenueGross profit (calculated)Cost of revenueOperating incomeOperating expenses (calculated)General and administrative expensesIncome before income taxesOther income (expense), net (calculated)Net incomeIncome taxesGross profit (calculated)Gross profit(calculated)$1.40 BRevenueRevenue$5.74 BOperating incomeOperating income$652.00 MIncome before income taxesPretax income$589.00 MNet incomeNet income$512.00 MSpace and Airborne Systems Segment - Prime contractorSMS - Prime contractor$2.29 BOperating expenses (calculated)Operating expenses(calculated)$750.00 MIncome taxesIncome taxes$77.00 MCost of revenueCost of revenue$4.34 BGeneral and administrative expensesGeneral andadministrative expenses$750.00 MOther income (expense), net (calculated)Other income,net (calculated)−$63.00 MCommunication Systems Segment - Prime contractorCSD - Prime contractor$1.19 BIntegrated Mission Systems Segment - SubcontractorMSL - Subcontractor$729.00 MSpace and Airborne Systems Segment - SubcontractorSMS - Subcontractor$681.00 MCommunication Systems Segment - SubcontractorCSD - Subcontractor$606.00 MIntegrated Mission Systems Segment - Prime contractorMSL - Prime contractor$250.00 M
Chart details

L3HARRIS TECHNOLOGIES, INC. (LHX) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-03 through 2026-04-03. View: Segments by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
5,744,000,000 US dollars
Cost of revenue
4,342,000,000 US dollars
Gross profit (calculated)
1,402,000,000 US dollars
Operating expenses (calculated)
750,000,000 US dollars
Operating income
652,000,000 US dollars
Other income (expense), net (calculated)
negative 63,000,000 US dollars
Income before income taxes
589,000,000 US dollars
Income taxes
77,000,000 US dollars
Net income
512,000,000 US dollars
Communication Systems Segment - Prime contractor
1,192,000,000 US dollars
Communication Systems Segment - Subcontractor
606,000,000 US dollars
Integrated Mission Systems Segment - Prime contractor
250,000,000 US dollars
Integrated Mission Systems Segment - Subcontractor
729,000,000 US dollars
Space and Airborne Systems Segment - Prime contractor
2,286,000,000 US dollars
Space and Airborne Systems Segment - Subcontractor
681,000,000 US dollars
General and administrative expenses
750,000,000 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) FY2026 Q1 Revenue by Business Segment by Sales Channel Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

24.4%

Gross profit / revenue

Operating margin

11.4%

Operating profit / revenue

Cash conversion

−18.6%

Operating cash / net income, same period

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