L3Harris Technologies, Inc. (LHX) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
In addition to its legacy software-defined radio franchise, L3Harris Technologies has, through a series of acquisitions, established franchises producing uncrewed aerial vehicles, sensors, avionics...
L3Harris Technologies, Inc.'s revenue increased 2.5% year over year, from $21.32B to $21.86B.
Net income increased 6.9% over the same period, from $1.50B to $1.61B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 193% in total.
Total debt decreased by 9.9% to $10.44B.
The debt-to-equity ratio stands at 0.53, indicating a moderate leverage profile.
Operating cash flow grew 21.4% to $3.11B.
L3Harris Technologies, Inc. maintains a moderate net profit margin of 7.3%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $5.29B-0.1% | $400.0M | $1.42B | $495.0M | $780.0M | $41.89B | $12.27B | $19.00B |
| Q4 FY2024 | $5.52B+4.4% | $453.0M | $1.40B | $569.0M | $1.13B | $42.00B | $11.60B | $19.51B |
| Q1 FY2025 | $5.13B-7.1% | $386.0M | $1.35B | $525.0M | $-42.0M | $41.25B | $11.51B | $19.13B |
| Q2 FY2025 | $5.43B+5.7% | $458.0M | $1.33B | $571.0M | $640.0M | $41.24B | $11.96B | $19.28B |
| Q3 FY2025 | $5.66B+4.3% | $462.0M | $1.49B | $621.0M | $546.0M | $41.01B | $11.72B | $19.53B |
| Q4 FY2025 | $5.65B-0.2% | $300.0M | $1.45B | $393.0M | $1.96B | $41.20B | $10.44B | $19.64B |
| Q1 FY2026 | $5.74B+1.7% | $512.0M | $1.40B | $652.0M | $-95.0M | $41.38B | $11.36B | $19.68B |
| Q2 FY2026 | $5.88B+2.4% | $600.0M | $1.50B | $654.0M | $879.0M | $42.94B | $11.00B | $20.85B |
Balance Sheet Summary (Q2 FY2026)
L3Harris Technologies, Inc. (LHX) Financial Statements & Revenue History
L3Harris Technologies, Inc. (LHX) is a US-listed stock operating in the Technology sector, specifically the Search, Detection, Navigation, Guidance, Aeronautical Sys industry trading at $247.99 with a market capitalization of $46. This page provides 42 historical financial statements for L3Harris Technologies, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, L3Harris Technologies, Inc. reported revenue of $21.9 billion, representing 2.5% year-over-year growth. The net profit margin of 7.3% indicates moderate profitability. The debt-to-equity ratio of 0.53 reflects moderate leverage.
LHX Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows L3Harris Technologies, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether LHX is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track LHX's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently L3Harris Technologies, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of LHX's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use LHX Financial Data
Investors use L3Harris Technologies, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare LHX's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how LHX's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View LHX's financial health score, earnings, and pre-market pricing.
Financial data is sourced from L3Harris Technologies, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.LHX trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.