
L3harris Technologies Inc
NYSE:LHX

Income Statement
Earnings Waterfall
L3harris Technologies Inc
Revenue
|
21.3B
USD
|
Cost of Revenue
|
-15.8B
USD
|
Gross Profit
|
5.5B
USD
|
Operating Expenses
|
-3.2B
USD
|
Operating Income
|
2.3B
USD
|
Other Expenses
|
-842m
USD
|
Net Income
|
1.5B
USD
|
Income Statement
L3harris Technologies Inc
Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Dec-2021 | Apr-2022 | Jul-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Jan-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 958
N/A
|
4 877
-2%
|
3 885
-20%
|
4 439
+14%
|
4 432
0%
|
4 796
+8%
|
5 992
+25%
|
5 702
-5%
|
5 952
+4%
|
5 891
-1%
|
5 897
+0%
|
5 887
0%
|
5 973
+1%
|
6 046
+1%
|
6 168
+2%
|
6 300
+2%
|
6 431
+2%
|
6 597
+3%
|
6 801
+3%
|
9 690
+42%
|
12 856
+33%
|
15 754
+23%
|
18 334
+16%
|
18 366
+0%
|
18 194
-1%
|
18 135
0%
|
18 358
+1%
|
18 124
-1%
|
17 814
-2%
|
17 350
-3%
|
16 817
-3%
|
16 834
+0%
|
17 062
+1%
|
17 430
+2%
|
17 988
+3%
|
18 657
+4%
|
19 419
+4%
|
20 159
+4%
|
20 765
+3%
|
21 142
+2%
|
21 325
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 311)
|
(3 223)
|
(2 370)
|
(2 752)
|
(2 686)
|
(2 941)
|
(3 900)
|
(3 653)
|
(3 831)
|
(3 786)
|
(3 854)
|
(3 865)
|
(3 967)
|
(4 031)
|
(4 066)
|
(4 157)
|
(4 230)
|
(4 341)
|
(4 467)
|
(6 699)
|
(9 088)
|
(11 247)
|
(13 199)
|
(13 109)
|
(12 886)
|
(12 801)
|
(12 877)
|
(12 646)
|
(12 438)
|
(12 117)
|
(11 773)
|
(11 904)
|
(12 135)
|
(12 562)
|
(13 131)
|
(13 687)
|
(14 306)
|
(14 882)
|
(15 345)
|
(15 610)
|
(15 801)
|
|
Gross Profit |
1 647
N/A
|
1 654
+0%
|
1 515
-8%
|
1 688
+11%
|
1 747
+3%
|
1 855
+6%
|
2 092
+13%
|
2 049
-2%
|
2 121
+4%
|
2 105
-1%
|
2 043
-3%
|
2 022
-1%
|
2 006
-1%
|
2 015
+0%
|
2 102
+4%
|
2 143
+2%
|
2 201
+3%
|
2 256
+2%
|
2 334
+3%
|
2 991
+28%
|
3 768
+26%
|
4 507
+20%
|
5 135
+14%
|
5 257
+2%
|
5 308
+1%
|
5 334
+0%
|
5 481
+3%
|
5 478
0%
|
5 376
-2%
|
5 233
-3%
|
5 044
-4%
|
4 930
-2%
|
4 927
0%
|
4 868
-1%
|
4 857
0%
|
4 970
+2%
|
5 113
+3%
|
5 277
+3%
|
5 420
+3%
|
5 532
+2%
|
5 524
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(790)
|
(808)
|
(883)
|
(996)
|
(986)
|
(1 039)
|
(1 037)
|
(1 006)
|
(1 080)
|
(1 057)
|
(1 150)
|
(1 152)
|
(1 191)
|
(1 272)
|
(1 182)
|
(1 193)
|
(1 206)
|
(1 185)
|
(1 242)
|
(1 962)
|
(2 586)
|
(3 088)
|
(3 572)
|
(3 388)
|
(3 311)
|
(3 279)
|
(3 317)
|
(3 261)
|
(3 152)
|
(3 065)
|
(2 912)
|
(2 874)
|
(2 846)
|
(2 898)
|
(2 903)
|
(2 921)
|
(2 973)
|
(3 066)
|
(3 120)
|
(3 210)
|
(3 180)
|
|
Selling, General & Administrative |
(790)
|
(808)
|
(607)
|
(996)
|
(986)
|
(1 039)
|
(732)
|
(1 006)
|
(1 080)
|
(1 057)
|
(840)
|
(1 152)
|
(1 191)
|
(1 272)
|
(871)
|
(1 193)
|
(1 206)
|
(1 185)
|
(911)
|
(1 962)
|
(2 586)
|
(3 088)
|
(3 572)
|
(3 388)
|
(2 627)
|
(3 279)
|
(3 317)
|
(3 261)
|
(2 460)
|
(3 065)
|
(2 912)
|
(2 874)
|
(2 243)
|
(2 642)
|
(2 380)
|
(2 088)
|
(1 806)
|
(1 844)
|
(1 847)
|
(1 918)
|
(1 886)
|
|
Research & Development |
0
|
0
|
(276)
|
0
|
0
|
0
|
(305)
|
0
|
0
|
0
|
(310)
|
0
|
0
|
0
|
(311)
|
0
|
0
|
0
|
(331)
|
0
|
0
|
0
|
0
|
0
|
(684)
|
0
|
0
|
0
|
(692)
|
0
|
0
|
0
|
(603)
|
(114)
|
(231)
|
(356)
|
(480)
|
(480)
|
(487)
|
(497)
|
(515)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(142)
|
(292)
|
(477)
|
(687)
|
(742)
|
(786)
|
(795)
|
(779)
|
|
Operating Income |
857
N/A
|
846
-1%
|
632
-25%
|
691
+9%
|
760
+10%
|
816
+7%
|
1 055
+29%
|
1 043
-1%
|
1 041
0%
|
1 048
+1%
|
893
-15%
|
870
-3%
|
815
-6%
|
743
-9%
|
920
+24%
|
950
+3%
|
995
+5%
|
1 071
+8%
|
1 092
+2%
|
1 029
-6%
|
1 182
+15%
|
1 419
+20%
|
1 563
+10%
|
1 869
+20%
|
1 997
+7%
|
2 055
+3%
|
2 164
+5%
|
2 217
+2%
|
2 224
+0%
|
2 168
-3%
|
2 132
-2%
|
2 056
-4%
|
2 081
+1%
|
1 970
-5%
|
1 954
-1%
|
2 049
+5%
|
2 140
+4%
|
2 211
+3%
|
2 300
+4%
|
2 322
+1%
|
2 344
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(88)
|
(99)
|
(128)
|
(151)
|
(176)
|
(188)
|
(181)
|
(178)
|
(175)
|
(171)
|
(170)
|
(167)
|
(165)
|
(164)
|
(168)
|
(170)
|
(172)
|
(173)
|
(166)
|
(182)
|
(204)
|
(225)
|
(251)
|
(255)
|
(254)
|
(257)
|
(257)
|
(262)
|
(265)
|
(267)
|
(269)
|
(272)
|
(297)
|
(313)
|
(357)
|
(446)
|
(543)
|
(617)
|
(678)
|
(685)
|
(675)
|
|
Non-Reccuring Items |
0
|
0
|
(109)
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
0
|
229
|
250
|
(77)
|
(218)
|
(459)
|
(820)
|
(593)
|
(472)
|
(467)
|
(149)
|
(72)
|
(78)
|
(894)
|
(954)
|
(948)
|
(1 016)
|
(282)
|
(714)
|
(800)
|
(813)
|
(819)
|
(426)
|
|
Total Other Income |
(0)
|
(0)
|
1
|
(107)
|
(107)
|
(109)
|
0
|
9
|
10
|
11
|
164
|
211
|
254
|
300
|
180
|
157
|
160
|
160
|
187
|
220
|
265
|
314
|
371
|
388
|
399
|
423
|
439
|
454
|
473
|
463
|
450
|
438
|
443
|
401
|
376
|
357
|
338
|
344
|
347
|
368
|
354
|
|
Pre-Tax Income |
769
N/A
|
747
-3%
|
396
-47%
|
433
+9%
|
477
+10%
|
519
+9%
|
884
+70%
|
874
-1%
|
876
+0%
|
888
+1%
|
889
+0%
|
914
+3%
|
904
-1%
|
879
-3%
|
908
+3%
|
937
+3%
|
983
+5%
|
1 058
+8%
|
1 113
+5%
|
1 296
+16%
|
1 493
+15%
|
1 431
-4%
|
1 465
+2%
|
1 543
+5%
|
1 322
-14%
|
1 628
+23%
|
1 874
+15%
|
1 942
+4%
|
2 283
+18%
|
2 292
+0%
|
2 235
-2%
|
1 328
-41%
|
1 273
-4%
|
1 110
-13%
|
957
-14%
|
1 678
+75%
|
1 221
-27%
|
1 138
-7%
|
1 156
+2%
|
1 186
+3%
|
1 597
+35%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(231)
|
(220)
|
(109)
|
(126)
|
(145)
|
(154)
|
(273)
|
(264)
|
(267)
|
(274)
|
(261)
|
(266)
|
(256)
|
(229)
|
(224)
|
(202)
|
(186)
|
(184)
|
(160)
|
(124)
|
(146)
|
(132)
|
(157)
|
(239)
|
(234)
|
(268)
|
(379)
|
(399)
|
(440)
|
(441)
|
(327)
|
(200)
|
(212)
|
(185)
|
(151)
|
(189)
|
(23)
|
6
|
4
|
(4)
|
(85)
|
|
Income from Continuing Operations |
539
|
527
|
287
|
307
|
332
|
366
|
611
|
610
|
609
|
614
|
628
|
648
|
648
|
650
|
684
|
735
|
797
|
874
|
953
|
1 172
|
1 347
|
1 299
|
1 308
|
1 304
|
1 088
|
1 360
|
1 495
|
1 543
|
1 843
|
1 851
|
1 908
|
1 128
|
1 061
|
925
|
806
|
1 489
|
1 198
|
1 144
|
1 160
|
1 182
|
1 512
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(12)
|
11
|
16
|
18
|
33
|
12
|
7
|
13
|
4
|
2
|
3
|
2
|
1
|
(1)
|
(4)
|
(4)
|
29
|
29
|
30
|
25
|
(10)
|
|
Net Income (Common) |
534
N/A
|
519
-3%
|
333
-36%
|
357
+7%
|
66
-82%
|
109
+65%
|
322
+197%
|
334
+4%
|
663
+99%
|
580
-13%
|
542
-7%
|
541
0%
|
494
-9%
|
604
+22%
|
697
+15%
|
750
+8%
|
845
+13%
|
892
+6%
|
947
+6%
|
1 163
+23%
|
1 331
+14%
|
1 306
-2%
|
1 322
+1%
|
1 319
0%
|
1 119
-15%
|
1 370
+22%
|
1 500
+9%
|
1 555
+4%
|
1 846
+19%
|
1 853
+0%
|
1 911
+3%
|
1 130
-41%
|
1 062
-6%
|
924
-13%
|
802
-13%
|
1 485
+85%
|
1 227
-17%
|
1 173
-4%
|
1 190
+1%
|
1 207
+1%
|
1 502
+24%
|
|
EPS (Diluted) |
5.09
N/A
|
4.95
-3%
|
3.11
-37%
|
2.88
-7%
|
0.52
-82%
|
0.86
+65%
|
2.57
+199%
|
2.66
+4%
|
5.28
+98%
|
4.65
-12%
|
4.37
-6%
|
4.46
+2%
|
4.08
-9%
|
4.99
+22%
|
5.76
+15%
|
6.21
+8%
|
7.04
+13%
|
7.41
+5%
|
7.82
+6%
|
5.15
-34%
|
5.92
+15%
|
5.95
+1%
|
6.06
+2%
|
6.13
+1%
|
5.19
-15%
|
6.57
+27%
|
7.29
+11%
|
7.71
+6%
|
9.09
+18%
|
9.49
+4%
|
9.85
+4%
|
5.9
-40%
|
5.49
-7%
|
4.85
-12%
|
4.21
-13%
|
7.81
+86%
|
6.44
-18%
|
6.16
-4%
|
6.24
+1%
|
6.33
+1%
|
7.88
+24%
|