Financials in USD. Standardized financial statements.
A compact view of how L3Harris Technologies, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $21.86B | $21.32B | $19.42B | $17.06B | $17.81B | $18.19B | $0 | $6.80B | $6.17B | $5.90B |
| Revenue Growth? | +2.5% | +9.8% | +13.8% | -4.2% | -2.1% | 0.0% | -100.0% | +10.3% | +4.6% | 0.0% |
| Cost of Revenue? | $16.24B | $15.80B | $14.31B | $12.13B | $12.44B | $12.89B | $0 | $4.47B | $4.07B | $3.85B |
| Gross Profit? | $5.63B | $5.52B | $5.11B | $4.93B | $5.38B | $5.31B | $0 | $2.33B | $2.10B | $2.04B |
| Gross Margin? | +25.7% | +25.9% | +26.3% | +28.9% | +30.2% | +29.2% | 0.0% | +34.3% | +34.1% | +34.6% |
| Operating Expenses? | $3.48B | $3.51B | $3.31B | $3.00B | $3.27B | $5.31B | $0 | $2.33B | $980.00M | $2.04B |
| Operating Income? | $2.15B | $2.02B | $1.80B | $1.93B | $2.11B | $0 | $0 | $1.09B | $1.12B | $893.00M |
| EBITDA? | $3.75B | $3.56B | $2.93B | $2.49B | $3.52B | $2.61B | $0 | $1.54B | $1.34B | $1.37B |
| Income Before Tax | $1.93B | $1.60B | $1.22B | $1.27B | $2.28B | $1.32B | $0 | $1.11B | $908.00M | $889.00M |
| Income Tax Expense | $326.00M | $85.00M | $23.00M | $212.00M | $440.00M | $234.00M | $0 | $160.00M | $206.00M | $261.00M |
| Net Income? | $1.61B | $1.50B | $1.23B | $1.06B | $1.85B | $1.12B | $0 | $949.00M | $699.00M | $543.00M |
| EPS? | $8.57 | $7.91 | $6.47 | $5.54 | $9.17 | $5.23 | $7.43 | $8.04 | $5.89 | $4.50 |
| Diluted EPS? | $8.53 | $7.87 | $6.44 | $5.49 | $9.08 | $5.18 | $7.35 | $7.88 | $5.77 | $4.44 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality