Net Income for L3Harris Technologies (LHX)
According to L3Harris Technologies's latest reported financial statements, the company's current net income (TTM) is $1.61B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.61B
YoY change
+6.9%
5Y CAGR
+7.5%
Peak year (2021)
$1.85B
Cumulative net income
$17.81B
Net Income history chart for L3Harris Technologies (LHX) from 1985 to 2025
Net Income history table for L3Harris Technologies (LHX) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.61B | +6.9% | ||
| 2024 | $1.50B | +22.4% | ||
| 2023 | $1.23B | +15.5% | ||
| 2022 | $1.06B | -42.5% | ||
| 2021 | $1.85B | +65.0% | ||
| 2020 | $1.12B | -31.9% | ||
| 2019 | $1.64B | +73.2% | ||
| 2018 | $949.00M | +35.8% | ||
| 2017 | $699.00M | +28.7% | ||
| 2016 | $543.00M | +67.6% | ||
| 2015 | $324.00M | -3.0% | ||
| 2014 | $334.00M | -37.6% | ||
| 2013 | $535.00M | +373.5% | ||
| 2012 | $113.00M | +269.3% | ||
| 2011 | $30.60M | -94.8% | ||
| 2010 | $588.00M | +4.7% | ||
| 2009 | $561.60M | +1381.8% | ||
| 2008 | $37.90M | -91.5% | ||
| 2007 | $444.20M | -7.5% | ||
| 2006 | $480.40M | +101.9% | ||
| 2005 | $237.90M | +17.7% | ||
| 2004 | $202.20M | +52.3% | ||
| 2003 | $132.80M | +123.2% | ||
| 2002 | $59.50M | -28.0% | ||
| 2001 | $82.60M | +286.0% | ||
| 2000 | $21.40M | +18.9% | ||
| 1999 | $18.00M | -66.1% | ||
| 1998 | $53.10M | -60.1% | ||
| 1997 | $133.00M | -35.9% | ||
| 1996 | $207.50M | +16.3% | ||
| 1995 | $178.40M | +15.5% | ||
| 1994 | $154.50M | +38.2% | ||
| 1993 | $111.80M | +0.6% | ||
| 1992 | $111.10M | +47.7% | ||
| 1991 | $75.20M | +285.6% | ||
| 1990 | $19.50M | -85.1% | ||
| 1989 | $130.70M | +510.7% | ||
| 1988 | $21.40M | -67.3% | ||
| 1987 | $65.40M | -22.6% | ||
| 1986 | $84.50M | +41.8% | ||
| 1985 | $59.60M | — |
Net Income values are taken from L3Harris Technologies's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, L3Harris Technologies (LHX) reported net income of $1.61B – grew 6.9% year-over-year.
L3Harris Technologies net income has grown for 3 consecutive years, with a +7.5% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, L3Harris Technologies net income declined 13.0%, falling from $1.85B to $1.61B.
Across the available history, net income reached its high of $1.85B in 2021 and its low of $18.00M in 1999.
Among 8 Industrials peers, L3Harris Technologies (LHX) ranks 9th; the peer median for net income is $5.88B.
L3Harris Technologies Net Income by Year
L3Harris Technologies Net Income 2025: $1.61B
L3Harris Technologies net income in 2025 was $1.61B, grew 6.9% from 2024.
L3Harris Technologies Net Income 2024: $1.50B
L3Harris Technologies net income in 2024 was $1.50B, grew 22.4% from 2023.
L3Harris Technologies Net Income 2023: $1.23B
L3Harris Technologies net income in 2023 was $1.23B, grew 15.5% from 2022.
L3Harris Technologies Net Income 2022: $1.06B
L3Harris Technologies net income in 2022 was $1.06B, plunged 42.5% below 2021.
L3Harris Technologies Net Income 2021: $1.85B
L3Harris Technologies net income in 2021 was $1.85B.
See more financial history for L3Harris Technologies (LHX).
Sector peers — Net Income
Companies in the same sector as L3Harris Technologies, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is L3Harris Technologies's net income?
- Latest reported net income for L3Harris Technologies (LHX) is $1.61B (period ending January 2, 2026).
How has L3Harris Technologies net income changed year-over-year?
- L3Harris Technologies (LHX) net income changed +6.9% year-over-year on the latest annual filing.
What is the long-term growth rate of L3Harris Technologies net income?
- L3Harris Technologies (LHX) net income compound annual growth rate is +7.5% over the most recent 5 years available.
When did L3Harris Technologies net income hit its highest annual value?
- L3Harris Technologies net income reached its highest annual value of $1.85B in 2021.
What was L3Harris Technologies net income in 2024?
- L3Harris Technologies (LHX) net income in 2024 was $1.50B.
What was L3Harris Technologies net income in 2025?
- L3Harris Technologies (LHX) net income in 2025 was $1.61B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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