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...
Revenue
$5.4B
Gross Profit
$1.3B
Operating Profit
$571.0M
Net Profit
$458.0M
Gross Margin
24.6%
Operating Margin
10.5%
Net Margin
8.4%
YoY Growth
2.4%
EPS
$2.44
L3Harris Q2 FY2025 Financial Summary
L3Harris reported revenue of $5.4B (up 2.4% YoY) for Q2 FY2025, with a net profit of $458.0M (up 25.1% YoY) (8.4% margin). Cost of goods sold was $4.1B, operating expenses totaled $764.0M.
Key Financial Metrics
| Total Revenue | $5.4B |
|---|---|
| Net Profit | $458.0M |
| Gross Margin | 24.6% |
| Operating Margin | 10.5% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
L3Harris Q2 FY2025 revenue of $5.4B breaks down across 6 segments, led by Space And Airborne Systems Segment at $1.8B (32.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Space And Airborne Systems Segment | $1.8B | 32.9% |
| Communication Systems Segment | $1.4B | 25.4% |
| Sales Channel Directly To Consumer | $1.0B | 19.0% |
| Aerojet Rocketdyne Segment | $698.0M | 12.9% |
| Sales Channel Through Intermediary | $327.0M | 6.0% |
| Cost Type | $201.0M | 3.7% |
L3Harris Revenue by Segment — Quarterly Trend
L3Harris revenue by segment across the last 4 reported quarters, showing how each business line (such as Space And Airborne Systems Segment and Communication Systems Segment) has evolved quarter over quarter.
| Segment | Q1 FY2027 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Space And Airborne Systems Segment | — | $6.9B | — | $1.8B |
| Communication Systems Segment | — | $5.7B | $1.5B | $1.4B |
| Sales Channel Directly To Consumer | — | — | $1.1B | $1.0B |
| Aerojet Rocketdyne Segment | — | $2.8B | $755.0M | $698.0M |
| Sales Channel Through Intermediary | — | — | $317.0M | $327.0M |
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 |