L3Harris Technologies, Inc. (LHX) Financial Statements
L3Harris Technologies financial statements at a glance
L3Harris Technologies reported revenue of $21.87 billion for fiscal year 2026 (ended December 31, 2025), up 2.5% from fiscal year 2025. Net income was $1.61 billion, a net margin of 7.3%, and diluted earnings per share were $8.53.
At the end of fiscal year 2026 it had total assets of $41.20 billion, total liabilities of $21.56 billion and shareholders' equity of $19.64 billion, with cash and short-term investments of $1.07 billion and total debt of $11.12 billion.
Its operations brought in $3.11 billion of cash; capital spending was $424.00 million, leaving free cash flow of $2.68 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
L3Harris Technologies, Inc.
Income Statement
Annual • USD
L3Harris Technologies key figures by fiscal year
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $21.9B | $21.3B | $19.4B | $17.1B | $17.8B |
| Gross profit | $5.6B | $5.5B | $5.1B | $4.9B | $5.4B |
| Operating income | $2.2B | $2.1B | $2.0B | $1.9B | $2.1B |
| Net income | $1.6B | $1.5B | $1.2B | $1.1B | $1.8B |
| Diluted EPS | $8.53 | $7.87 | $6.44 | $5.49 | $9.09 |
| Total assets | $41.2B | $42.0B | $41.7B | $33.5B | $34.7B |
| Total liabilities | $21.6B | $22.4B | $22.9B | $14.9B | $15.4B |
| Shareholders' equity | $19.6B | $19.5B | $18.8B | $18.5B | $19.2B |
| Cash and short-term investments | $1.1B | $615.0M | $560.0M | $880.0M | $941.0M |
| Total debt | $11.1B | $12.2B | $13.1B | $7.0B | $7.8B |
| Operating cash flow | $3.1B | $2.6B | $2.1B | $2.2B | $2.7B |
| Capital spending | $424.0M | $408.0M | $449.0M | $252.0M | $342.0M |
| Free cash flow | $2.7B | $2.2B | $1.6B | $1.9B | $2.3B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2021.
Questions and answers
What was L3Harris Technologies's revenue in fiscal year 2026?
$21.87 billion, up 2.5% from $21.33 billion in fiscal year 2025.
How much profit does L3Harris Technologies make?
L3Harris Technologies reported net income of $1.61 billion for fiscal year 2026 (7.3% of revenue); operating income was $2.15 billion.
How much cash and debt does L3Harris Technologies have?
At the end of fiscal year 2026: cash and short-term investments of $1.07 billion and total debt of $11.12 billion.
What is L3Harris Technologies's free cash flow?
$2.68 billion in fiscal year 2026 (operating cash flow of $3.11 billion minus capital spending of $424.00 million).
