How L3Harris Technologies (LHX) Makes Money: A Visual Guide

L3Harris Technologies (LHX) generated $21.86B in revenue (TTM through Q1 2026), earning $1.61B in net profit (7.3% margin). Its largest revenue source is Space and Airborne Systems (31.6% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

L3Harris Technologies (LHX) Income Statement Flow

Frequently asked questions

How does L3Harris Technologies (LHX) make money?

L3Harris Technologies (LHX) primarily makes money through Space and Airborne Systems, which accounts for 31.6% of total revenue. For TTM through Q1 2026, L3Harris Technologies generated $21.86B in total revenue with a net profit margin of 7.3%.

What is L3Harris Technologies (LHX) gross profit margin?

L3Harris Technologies (LHX) reported a gross profit margin of 24.1% for TTM through Q1 2026, equivalent to $5.27B in gross profit. This means L3Harris Technologies retains 24.1% of each revenue unit after direct costs of production.

What is L3Harris Technologies (LHX) operating profit margin?

L3Harris Technologies (LHX) reported an operating profit margin of 9.9% for TTM through Q1 2026, equivalent to $2.16B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is L3Harris Technologies (LHX) net profit margin?

L3Harris Technologies (LHX) reported a net profit margin of 7.3% for TTM through Q1 2026, equivalent to $1.61B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does L3Harris Technologies (LHX) invest in R&D?

L3Harris Technologies (LHX) invested $381.00M in research and development in TTM through Q1 2026 (1.7% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does L3Harris Technologies (LHX) spend on capital expenditures?

L3Harris Technologies (LHX) spent $424.00M on capital expenditures in TTM through Q1 2026 (1.9% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is L3Harris Technologies (LHX) free cash flow?

L3Harris Technologies (LHX) generated $2.68B in free cash flow for TTM through Q1 2026 (12.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is L3Harris Technologies (LHX) effective tax rate?

L3Harris Technologies (LHX) had an effective tax rate of 16.9% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q1 2026.