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	Jan '26 Jan 2, 2026	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	14,276	12,135	12,438
Gross Profit	5,625	5,524	5,143	4,927	5,376
Selling, General & Admin	3,011	2,886	2,727	2,573	3,280
Operating Expenses	3,011	2,886	2,727	2,573	3,280
Operating Income	2,614	2,638	2,416	2,354	2,096
Interest Expense	-597	-675	-543	-279	-265
Other Non Operating Income (Expenses)	-	32	-29	-	924
EBT Excluding Unusual Items	2,017	1,995	1,844	2,075	2,755
Merger & Restructuring Charges	-	-360	-327	-	-
Impairment of Goodwill	-85	-14	-296	-802	-62
Gain (Loss) on Sale of Investments	-	-	-	-	-40
Gain (Loss) on Sale of Assets	-	-	-	-	220
Asset Writedown	-	-24	-	-	-145
Other Unusual Items	-	-	-	-	-445
Pretax Income	1,932	1,597	1,221	1,273	2,283
Income Tax Expense	326	85	23	212	440
Earnings From Continuing Operations	1,606	1,512	1,198	1,061	1,843
Earnings From Discontinued Operations	-	-	-	-	-1
Net Income to Company	1,606	1,512	1,198	1,061	1,842
Minority Interest in Earnings	-	-10	29	1	4
Net Income	1,606	1,502	1,227	1,062	1,846
Net Income to Common	1,606	1,502	1,227	1,062	1,846
Net Income Growth	6.92%	22.41%	15.54%	-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%	-39.57%	75.36%
Free Cash Flow	2,682	2,151	1,647	1,906	2,345
Free Cash Flow Per Share	14.24	11.28	8.64	9.85	11.54
Dividend Per Share	4.800	4.640	4.560	4.480	4.080
Dividend Growth	3.45%	1.75%	1.79%	9.80%	20.00%
Gross Margin	25.73%	25.90%	26.48%	28.88%	30.18%
Operating Margin	11.96%	12.37%	12.44%	13.80%	11.77%
Profit Margin	7.34%	7.04%	6.32%	6.22%	10.36%
Free Cash Flow Margin	12.27%	10.09%	8.48%	11.17%	13.16%
EBITDA	3,838	3,927	3,582	3,292	3,063
EBITDA Margin	17.55%	18.41%	18.45%	19.29%	17.19%
D&A For EBITDA	1,224	1,289	1,166	938	967
EBIT	2,614	2,638	2,416	2,354	2,096
EBIT Margin	11.96%	12.37%	12.44%	13.80%	11.77%
Effective Tax Rate	16.87%	5.32%	1.88%	16.65%	19.27%
Revenue as Reported	-	21,325	19,419	17,062	17,814

Source: S&P Global Market Intelligence. Standard template. Financial Sources.