L3Harris Technologies Income Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jan '25 Jan 3, 2025	Dec '23 Dec 29, 2023	Dec '22 Dec 30, 2022	Dec '21 Dec 31, 2021
Revenue	21,865	21,325	19,419	17,062	17,814
Revenue Growth (YoY)	2.53%	9.81%	13.81%	-4.22%	-2.09%
Cost of Revenue	16,240	15,801	14,306	12,135	12,438
Gross Profit	5,625	5,524	5,113	4,927	5,376
Selling, General & Admin	3,430	3,568	3,313	2,998	3,280
Other Operating Expenses	85	38	374	802	-13
Operating Income	2,110	1,918	1,426	1,127	2,109
Interest Expense	-597	-675	-543	-279	-265
Other Non-Operating Income (Expense)	419	354	338	425	439
Total Non-Operating Income (Expense)	-178	-321	-205	146	174
Pretax Income	1,932	1,597	1,221	1,273	2,283
Provision for Income Taxes	326	85	23	212	440
Net Income	1,606	1,522	1,169	1,062	1,846
Minority Interest in Earnings	-	-10	29	1	4
Earnings From Discontinued Operations	-	-	-	-	-1
Net Income to Common	1,606	1,522	1,169	1,062	1,846
Net Income Growth	5.52%	30.20%	10.08%	-42.47%	64.97%
Shares Outstanding (Basic)	187	190	190	192	201
Shares Outstanding (Diluted)	188	191	191	194	203
Shares Change (YoY)	-1.21%	0.05%	-1.50%	-4.77%	-5.88%
EPS (Basic)	8.57	7.91	6.47	5.54	9.17
EPS (Diluted)	8.53	7.87	6.44	5.49	9.09
EPS Growth	8.39%	22.20%	17.30%	-39.60%	75.14%
Free Cash Flow	2,682	2,151	1,647	1,906	2,345
Free Cash Flow Growth	24.69%	30.60%	-13.59%	-18.72%	-3.18%
Free Cash Flow Per Share	14.24	11.28	8.64	9.85	11.54
Dividends Per Share	-	4.640	4.560	4.480	4.080
Dividend Growth	-	1.75%	1.79%	9.80%	20.00%
Gross Margin	25.73%	25.90%	26.33%	28.88%	30.18%
Operating Margin	9.65%	8.99%	7.34%	6.61%	11.84%
Profit Margin	7.35%	7.09%	6.17%	6.22%	10.35%
FCF Margin	12.27%	10.09%	8.48%	11.17%	13.16%
EBITDA	3,334	3,207	2,592	2,065	3,076
EBITDA Margin	15.25%	15.04%	13.35%	12.10%	17.27%
EBIT	2,110	1,918	1,426	1,127	2,109
EBIT Margin	9.65%	8.99%	7.34%	6.61%	11.84%
Effective Tax Rate	16.87%	5.32%	1.88%	16.65%	19.27%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.