L3Harris Technologies, Inc. (LHX)
NYSE: LHX · Search, Detection, Navigation, Guidance, Aeronautical Sys · Melbourne, FL · filing with the SEC since 1994
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in January.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2020 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Jan 2, 2026 | Jan 3, 2025 | Dec 29, 2023 | Dec 30, 2022 | Dec 31, 2021 | Jan 1, 2021 | Jul 3, 2020 | Jan 3, 2020 | Jun 28, 2019 | Jun 29, 2018 |
| Report filed | Feb 12, 2026 | Feb 14, 2025 | Feb 20, 2024 | Feb 24, 2023 | Feb 25, 2022 | Mar 1, 2021 | · | Mar 3, 2020 | Aug 22, 2019 | · |
| Revenue | · | 21,325 | 19,419 | 17,062 | 17,814 | 18,194 | · | 12,856 | 6,801 | 6,168 |
| For lenders | ||||||||||
| Net interest income | · | · | -543 | -279 | -265 | -254 | · | -204 | -167 | -168 |
| Cost of revenue | · | 15,801 | 14,306 | 12,135 | 12,438 | 14,306r | · | 9,088 | 4,467 | 4,066r |
| Selling, general and administrative | 3,430 | 3,568 | 3,313r | 2,998 | 3,280 | 3,315 | · | 2,540 | 1,242 | 1,182 |
| Total operating expenses | · | · | · | · | · | · | · | · | 1,242 | 1,182r |
| Operating income | 2,110 | 1,918 | 1,426 | 1,127r | 2,109r | 2,162r | · | · | 1,446 | 1,122 |
| Interest expense | · | · | · | · | · | 270 | · | 217 | 169 | 170 |
| Interest and investment income | · | · | · | · | · | 16 | · | 13 | 2 | 2 |
| Interest income (expense), net | -597 | -675 | -543 | -279 | · | · | · | · | · | · |
| Other income (expense), net | 419 | 354 | 338 | 425r | 24r | 12r | · | · | 2r | 156r |
| Total non-operating income (expense) | · | · | · | 425 | 439 | 401 | · | · | 188 | 156r |
| Income before income taxes | 1,932 | 1,597 | 1,221 | 1,273 | 2,283 | 1,322 | · | 1,493 | 1,113 | 908r |
| Income tax expense | 326 | 85 | 23 | 212 | 440 | 234 | · | 146 | 160 | 206r |
| Income from continuing operations | · | · | 1,198 | 1,061 | 1,843 | 1,088 | · | 1,347 | 953 | 702r |
| Income from discontinued operations | · | · | 0 | 0 | -1 | -2 | · | -2 | -4 | -3 |
| Net income including non-controlling interests | 1,606 | 1,512 | 1,198 | 1,061 | 1,842 | 1,086 | · | 1,345 | 949 | 699r |
| Net income to non-controlling interests | 0 | 10 | -29 | -1 | -4 | -33 | · | 12 | 0 | 0 |
| Net income | 1,606 | 1,502 | 1,227 | 1,062 | 1,846 | 1,119 | · | 1,333 | 949 | 699r |
| Net income to common shareholders | · | · | · | · | 1,847 | 1,121 | · | · | 951 | 700r |
| Earnings per share, basic | 8.57 | 7.91 | 6.47 | 5.54 | 9.17 | 5.23 | · | 8.04 | 8.03 | 5.88r |
| Earnings per share, diluted | 8.53 | 7.87 | 6.44 | 5.49 | 9.09 | 5.19 | · | 7.89 | 7.86 | 5.76r |
| Weighted average shares, basic | 187.4 | 189.8 | 189.6 | 191.8 | 201.3 | 214.0 | · | 166.0 | 118.0 | 118.6 |
| Weighted average shares, diluted | 188.4 | 190.7 | 190.6 | 193.5 | 203.2 | 215.9 | · | 169.0 | 120.5 | 121.1 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterestIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding