L3HarrisLHXEarnings & Financial Report
L3Harris Technologies, Inc. is an American technology company, defense contractor, and information technology services provider that produces products for command and control systems, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, intelligence, surveillance and reconnaissance (C3ISR) systems and products, ocean systems, instrumentation, navigation products, training devices and services, and both terrestrial/spaceborne antennas for use in the govern...
LHX Q1 FY2027 Key Financial Metrics
Revenue
$5.7B
Gross Profit
$10.1B
Operating Profit
$652.0M
Net Profit
$512.0M
Gross Margin
175.6%
Operating Margin
11.4%
Net Margin
8.9%
YoY Growth
24.0%
EPS
$2.72
L3Harris Q1 FY2027 Financial Summary
L3Harris reported revenue of $5.7B (up 24.0% YoY) for Q1 FY2027, with a net profit of $512.0M (up 32.6% YoY) (8.9% margin). Cost of goods sold was $-4.3B, operating expenses totaled $9.4B.
Key Financial Metrics
| Total Revenue | $5.7B |
|---|---|
| Net Profit | $512.0M |
| Gross Margin | 175.6% |
| Operating Margin | 11.4% |
| Report Period | Q1 FY2027 |
Revenue Breakdown
L3Harris Q1 FY2027 revenue of $5.7B breaks down across 3 segments, led by Space & Mission Systems at $3.0B (52.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Space & Mission Systems | $3.0B | 52.1% |
| Communication & Spectrum Dominance | $1.9B | 32.3% |
| Missile Solutions | $990.0M | 17.2% |
L3Harris Annual Revenue by Year
L3Harris annual revenue history includes year-by-year totals (for example, 2024 revenue was $21.3B).
| Year | Annual Revenue | |
|---|---|---|
| 2024 | $21.3B | — |
| 2023 | $19.4B | — |
L3Harris Quarterly Revenue & Net Profit History
L3Harris results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2027 | $5.7B | +24.0% | $512.0M | 8.9% |
| Q4 FY2025 | $21.9B | +2.5% | N/A | N/A |
| Q3 FY2025 | $5.7B | +6.9% | $462.0M | 8.2% |
| Q2 FY2025 | $5.4B | +2.4% | $458.0M | 8.4% |
| Q4 FY2024 | $5.5B | +3.4% | $453.0M | 8.2% |
| Q3 FY2024 | $5.3B | +7.7% | $400.0M | 7.6% |
| Q2 FY2024 | $5.3B | +12.9% | $366.0M | 6.9% |
| Q1 FY2024 | $5.2B | +16.6% | $283.0M | 5.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.21B | $5.30B | $5.29B | $5.52B | $5.43B | $5.66B | $21.86B | $5.74B |
| YoY Growth | 16.6% | 12.9% | 7.7% | 3.4% | 2.4% | 6.9% | 2.5% | 24.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $41.82B | $41.66B | $41.89B | $42.00B | $41.24B | $41.01B | $41.20B | $41.4M |
| Liabilities | $23.09B | $22.75B | $22.83B | $22.42B | $21.96B | $21.48B | $21.56B | $21.7M |
| Equity | $18.67B | $18.84B | $19.00B | $19.51B | $19.28B | $19.53B | $19.64B | $19.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q1 2027 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-104.0M | $754.0M | $780.0M | $1.13B | $640.0M | $546.0M | $-95.0M |