L3Harris income statement

In fiscal 2024, L3Harris reported revenue of $21.32bn, up 9.8% on the year before, operating income of $1.92bn (a 9.0% margin) and net income of $1.50bn, or $7.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

L3Harris: income statement, annual
Fiscal year	2008Jun 2008	2009Jul 2009	2010Jul 2010	2011Jul 2011	2012Jun 2012	2013Jun 2013	2014Jun 2014	2015Jul 2015	2016Jul 2016	2017Jun 2017	2018Jun 2018	2019Jun 2019	2020Jan 2021	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Jan 2025	LTMOct 2026
Revenue	4.6	5.0	4.7	5.4	5.5	5.1	5.0	3.9	6.0	5.9	6.2	6.8	18.2	17.8	17.1	19.4	21.3	23.3
Cost of revenue	3.1	3.4	3.1	3.5	3.6	3.4	3.3	2.4	3.8	3.9	4.1	4.5	14.3	12.4	12.1	14.3	15.8	17.4
Gross profit	1.5	1.6	1.9	1.9	1.9	1.7	1.7	1.5	2.2	2.0	2.1	2.3	3.9	5.4	4.9	5.1	5.5	6.0
Selling, general and administrative	—	—	—	—	—	—	—	—	—	—	1.2	1.2	3.3	3.3	3.0	3.3	3.6	3.4
Operating income	—	—	—	—	—	—	—	—	1.1	1.1	1.1	1.4	2.2	2.1	1.1	1.4	1.9	2.5
Interest expense	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.2	0.2	0.2	0.3	—	—	—	—	—
Net interest income	—	—	—	—	—	—	—	0.1	−0.2	−0.2	−0.2	−0.2	−0.3	−0.3	−0.3	−0.5	—	—
Income before tax	0.7	0.5	0.9	0.9	0.8	0.7	0.8	0.4	0.9	0.9	0.9	1.1	1.3	2.3	1.3	1.2	1.6	2.4
Income tax	0.2	0.2	0.3	0.3	0.3	0.2	0.3	0.1	0.3	0.3	0.2	0.2	0.2	0.4	0.2	0.0	0.1	0.4
Net income	0.4	0.0	0.6	0.6	0.0	0.1	0.5	0.3	0.3	0.5	0.7	0.9	1.1	1.8	1.1	1.2	1.5	2.0
Diluted EPS	$3.24	$0.28	$4.28	$4.60	$0.26	$1.01	$4.95	$3.11	$2.59	$4.36	$5.76	$7.86	$5.19	$9.09	$5.49	$6.44	$7.87	$10.89
Diluted shares (average)	136m	133m	130m	126m	115m	111m	107m	107m	125m	124m	121m	121m	216m	203m	194m	191m	191m	188m
EBITDA	—	—	—	—	—	—	—	—	1.4	1.4	1.4	1.7	3.2	3.1	2.1	2.6	3.2	3.6

US$ millions unless shown otherwise. Fiscal quarters.

L3Harris: income statement, quarterly
Quarter	2024 Q4Jan 2025	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Oct 2025	2025 Q4Jan 2026	2026 Q1Apr 2026	2026 Q2Jul 2026	2026 Q3Oct 2026
Revenue	5,523	5,132	5,426	5,659	5,648	5,744	5,881	6,060
Cost of revenue	4,126	3,782	4,091	4,165	4,202	4,342	4,379	4,448
Gross profit	1,397	1,350	1,335	1,494	1,446	1,402	1,502	1,612
Selling, general and administrative	790	825	764	873	968	750	848	826
Operating income	569	525	571	621	393	652	654	786
Income before tax	487	459	524	567	382	589	710	743
Income tax	31	73	66	105	82	77	110	111
Net income	453	386	458	462	300	512	600	632
Diluted EPS	$2.37	$2.04	$2.44	$2.46	$1.61	$2.72	$3.13	$3.28
EBITDA	895	826	874	930	704	934	942	1,053

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from L3Harris's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to L3Harris.