financial statements

The full income statement, balance sheet, and cash-flow statement for L3Harris Technologies Inc. (LHX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofJan 2 ’26	as ofJan 3 ’25	as ofDec 29 ’23	as ofDec 30 ’22	as ofDec 31 ’21
Revenue	—	21.3B YoY+9.8%	19.4B YoY+13.8%	17.1B YoY-4.2%	17.8B YoY-2.1%
Cost of revenue	—	15.8B YoY+10.5%	14.3B YoY+17.9%	12.1B YoY-2.4%	12.4B YoY-13.1%
Selling, general & administrative	3.43B YoY-3.9%	3.57B YoY+7.7%	3.31B YoY+10.5%	3.00B YoY-8.6%	3.28B YoY-1.1%
Amortization of intangibles	770M YoY-9.7%	853M YoY+9.5%	779M YoY+28.8%	605M YoY-3.5%	627M YoY-14.0%
Operating income	2.11B YoY+10.0%	1.92B YoY+34.5%	1.43B YoY+26.5%	1.13B YoY-46.6%	2.11B YoY-2.5%
Net interest income	—	—	-543M YoY-94.6%	-279M YoY-5.3%	-265M YoY-4.3%
Other non-operating income	419M YoY+18.4%	354M YoY+4.7%	338M YoY-20.5%	425M YoY+1670.8%	24.0M YoY+100.0%
Pre-tax income	1.93B YoY+21.0%	1.60B YoY+30.8%	1.22B YoY-4.1%	1.27B YoY-44.2%	2.28B YoY+72.7%
Income tax	326M YoY+283.5%	85.0M YoY+269.6%	23.0M YoY-89.2%	212M YoY-51.8%	440M YoY+88.0%
	1.61B YoY+6.9%	1.50B YoY+22.4%	1.23B YoY+15.5%	1.06B YoY-42.5%	1.85B YoY+65.0%
Income from continuing operations	—	—	1.23B YoY+15.5%	1.06B YoY-42.5%	1.85B YoY+64.8%
Discontinued operations	—	—	0.00	0.00 YoY+100.0%	-1.00M YoY+50.0%
Net income to non-controlling interest	0.00 YoY-100.0%	10.0M YoY+134.5%	-29.0M YoY-2800.0%	-1.00M YoY+75.0%	-4.00M YoY+87.9%
Net income to common	—	—	—	—	1.85B YoY+64.8%
	$8.53 YoY+8.4%	$7.87 YoY+22.2%	$6.44 YoY+17.3%	$5.49 YoY-39.6%	$9.09 YoY+75.1%
EPS (basic)	$8.57 YoY+8.3%	$7.91 YoY+22.3%	$6.47 YoY+16.8%	$5.54 YoY-39.6%	$9.17 YoY+75.3%
Weighted-avg shares (basic)	187M YoY-1.3%	190M YoY+0.1%	190M YoY-1.1%	192M YoY-4.7%	201M YoY-5.9%
Weighted-avg shares (diluted)	188M YoY-1.2%	191M YoY+0.1%	191M YoY-1.5%	194M YoY-4.8%	203M YoY-5.9%
Balance Sheet	as ofJan 2 ’26	as ofJan 3 ’25	as ofDec 29 ’23	as ofDec 30 ’22	as ofDec 31 ’21
	8.59B YoY+4.6%	8.22B YoY+2.0%	8.05B YoY+19.3%	6.75B YoY+6.2%	6.36B YoY-4.6%
Cash & equivalents	1.07B YoY+73.8%	615M YoY+9.8%	560M YoY-36.4%	880M YoY-6.5%	941M YoY-26.3%
Accounts receivable	1.37B YoY+27.9%	1.07B YoY-12.8%	1.23B YoY-1.7%	1.25B YoY+19.7%	1.04B YoY-22.2%
Inventory	1.22B YoY-8.3%	1.33B YoY-9.6%	1.47B YoY+14.0%	1.29B YoY+31.5%	982M YoY+0.9%
Other current assets	484M YoY+5.0%	461M YoY+7.2%	430M YoY+44.3%	298M YoY+9.6%	272M YoY+10.6%
	41.2B YoY-1.9%	42.0B YoY+0.8%	41.7B YoY+24.3%	33.5B YoY-3.4%	34.7B YoY-6.1%
Property, plant & equipment	2.04B YoY+0.0%	2.04B YoY+0.0%	2.04B YoY+0.0%	2.04B YoY+0.0%	2.04B YoY-2.8%
Operating lease right-of-use	717M YoY+4.8%	684M YoY-10.4%	763M YoY+0.9%	756M YoY-1.7%	769M YoY+0.4%
Goodwill	20.0B YoY-1.5%	20.3B YoY+1.7%	20.0B YoY+15.6%	17.3B YoY-5.0%	18.2B YoY-3.6%
Intangible assets	6.51B YoY-14.8%	7.64B YoY-10.6%	8.54B YoY+42.3%	6.00B YoY-9.6%	6.64B YoY-16.0%
Deferred tax assets	76.0M YoY-36.7%	120M YoY+31.9%	91.0M YoY+24.7%	73.0M YoY-14.1%	85.0M YoY-28.6%
Other non-current assets	3.34B YoY+15.5%	2.89B YoY+33.9%	2.16B YoY+65.0%	1.31B YoY+131.3%	566M YoY+8.4%
Total non-current assets	26.8B YoY+0.0%	26.8B YoY+0.0%	26.8B YoY+0.0%	26.8B YoY-5.6%	28.4B YoY-6.4%
	7.23B YoY-5.3%	7.63B YoY-4.6%	8.00B YoY+38.6%	5.78B YoY+26.9%	4.55B YoY+7.3%
Accounts payable	2.46B YoY+22.7%	2.00B YoY-4.8%	2.11B YoY+8.3%	1.95B YoY+10.1%	1.77B YoY+25.7%
Deferred revenue	2.26B YoY+5.6%	2.14B YoY+12.7%	1.90B YoY+35.7%	1.40B YoY+7.9%	1.30B YoY+8.3%
Short-term & current debt	0.00 YoY-100.0%	515M YoY-67.9%	1.60B YoY+80000.0%	2.00M YoY+0.0%	2.00M YoY+0.0%
Current lease liability	132M YoY-12.0%	150M YoY+25.0%	120M YoY-0.8%	121M YoY+11.0%	109M YoY-6.0%
Other current liabilities	1.24B YoY-46.7%	2.32B YoY+105.2%	1.13B	—	—
	21.6B YoY-3.8%	22.4B YoY-1.9%	22.9B YoY+53.4%	14.9B	—
Long-term debt	10.4B YoY-5.8%	11.1B YoY-0.7%	11.2B YoY+79.3%	6.22B YoY-11.7%	7.05B YoY+1.5%
Deferred revenue (non-current)	108M YoY+18.7%	91.0M YoY-3.2%	94.0M YoY-19.7%	117M YoY+9.3%	107M YoY+46.6%
Non-current lease liability	653M YoY+0.5%	650M YoY-7.8%	705M YoY-4.9%	741M YoY-3.5%	768M YoY+4.6%
Deferred tax liabilities	1.11B YoY+18.3%	942M YoY+15.6%	815M YoY+13.4%	719M YoY-46.5%	1.34B YoY+8.6%
Other non-current liabilities	2.78B YoY+0.4%	2.77B YoY-3.9%	2.88B YoY+32.1%	2.18B YoY+104.7%	1.06B YoY+0.6%
Total non-current liabilities	9.12B YoY+0.0%	9.12B YoY+0.0%	9.12B YoY+0.0%	9.12B YoY-15.8%	10.8B YoY-8.8%
	19.6B YoY+0.6%	19.5B YoY+4.0%	18.8B YoY+1.3%	18.5B YoY-3.6%	19.2B YoY-7.3%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	187M YoY-1.6%	190M YoY+0.0%	190M YoY-0.5%	191M YoY-1.5%	194M YoY-6.7%
Additional paid-in capital	15.1B YoY-2.8%	15.6B YoY+0.0%	15.6B YoY-0.8%	15.7B YoY-3.5%	16.2B YoY-14.5%
Retained earnings	4.21B YoY+12.7%	3.74B YoY+16.1%	3.22B YoY+9.4%	2.94B YoY+0.9%	2.92B YoY+24.3%
Accumulated other comprehensive income	119M YoY+340.7%	27.0M YoY+113.6%	-198M YoY+31.3%	-288M YoY-97.3%	-146M YoY+82.6%
Non-controlling interest	0.00 YoY-100.0%	65.0M YoY+1.6%	64.0M YoY-36.6%	101M YoY-4.7%	106M YoY-9.4%
Total equity incl. non-controlling	19.6B YoY+0.3%	19.6B YoY+4.0%	18.8B YoY+1.1%	18.6B YoY-3.6%	19.3B YoY-7.3%
Total liabilities & equity	41.2B YoY-1.9%	42.0B YoY+0.8%	41.7B YoY+24.3%	33.5B YoY-3.4%	34.7B YoY-6.1%
Common shares issued	187M YoY-1.6%	190M YoY-0.0%	190M YoY-0.4%	191M YoY-1.5%	194M YoY-7.1%
Common shares outstanding	187M YoY-1.6%	190M YoY-0.0%	190M YoY-0.4%	191M YoY-1.5%	194M YoY-7.1%
Shares outstanding (cover)	187M YoY-1.4%	190M YoY+0.1%	190M YoY-0.5%	190M YoY-3.0%	196M YoY-6.6%
Cash Flow	as ofJan 2 ’26	as ofJan 3 ’25	as ofDec 29 ’23	as ofDec 30 ’22	as ofDec 31 ’21
	3.11B YoY+21.4%	2.56B YoY+22.1%	2.10B YoY-2.9%	2.16B YoY-19.7%	2.69B YoY-3.7%
Depreciation & amortization	1.22B YoY-5.0%	1.29B YoY+10.5%	1.17B YoY+24.3%	938M YoY-3.0%	967M YoY-6.3%
Share-based compensation	113M YoY+16.5%	97.0M YoY+9.0%	89.0M YoY-18.3%	109M YoY-15.5%	129M YoY+37.2%
Deferred income taxes	206M YoY+18.4%	174M YoY+141.3%	-421M YoY+30.0%	-601M YoY-446.4%	-110M YoY+50.9%
Change in receivables	343M YoY+368.0%	-128M YoY-3.2%	-124M YoY-159.0%	210M YoY+196.8%	-217M YoY-186.8%
Change in inventory	-117M YoY-21.9%	-96.0M YoY-152.7%	182M YoY-41.3%	310M YoY+355.9%	68.0M YoY+213.3%
Change in payables	475M YoY+627.8%	-90.0M YoY-203.4%	87.0M YoY-51.7%	180M YoY-58.1%	430M YoY+148.6%
	407M YoY+254.8%	-263M YoY+96.3%	-7.02B YoY-2708.4%	-250M YoY-117.9%	1.39B YoY+85.6%
Capital expenditure	424M YoY+3.9%	408M YoY-9.1%	449M YoY+78.2%	252M YoY-26.3%	342M YoY-7.1%
Acquisitions	0.00	0.00 YoY-100.0%	6.69B	0.00	0.00
Proceeds from sale of PP&E	—	1.00M YoY-98.2%	56.0M YoY+300.0%	14.0M YoY+100.0%	7.00M YoY-92.3%
Other investing activities	-11.0M YoY-108.6%	128M YoY+384.4%	-45.0M YoY-228.6%	35.0M	0.00
	-3.08B YoY-38.6%	-2.22B YoY-148.4%	4.59B YoY+335.5%	-1.95B YoY+55.8%	-4.41B YoY-41.8%
Long-term debt issued	—	—	—	0.00 YoY-100.0%	6.00M YoY-99.3%
Long-term debt repaid	—	—	—	14.0M YoY+7.7%	13.0M YoY-98.6%
Common stock repurchased	1.15B YoY+108.3%	554M YoY+6.9%	518M YoY-52.2%	1.08B YoY-70.5%	3.67B YoY+60.5%
Dividends paid	903M YoY+1.9%	886M YoY+2.1%	868M YoY+0.5%	864M YoY+5.8%	817M YoY+12.7%
Other financing activities	108M YoY+16.1%	93.0M YoY+647.1%	-17.0M YoY+66.7%	-51.0M YoY-363.6%	-11.0M YoY-83.3%
FX effect on cash	—	-17.0M YoY-254.5%	11.0M YoY+161.1%	-18.0M YoY-500.0%	-3.00M YoY-113.0%
Net change in cash	454M YoY+725.5%	55.0M YoY+117.2%	-320M YoY-424.6%	-61.0M YoY+81.8%	-335M YoY-174.1%
Interest paid	604M YoY-7.6%	654M YoY+33.7%	489M YoY+65.2%	296M YoY+4.2%	284M YoY-9.3%
Income taxes paid	-55.0M YoY-153.9%	102M YoY-85.7%	715M YoY+131.4%	309M YoY-13.7%	358M YoY-9.1%
Valuation Ratios	as ofJan 2 ’26	as ofJan 3 ’25	as ofDec 29 ’23	as ofDec 30 ’22	as ofDec 31 ’21
Market cap	57.0B YoY+43.2%	39.8B YoY-0.3%	39.9B YoY+0.7%	39.6B YoY-5.3%	41.8B YoY+5.4%
P/E	35.5× YoY+33.9%	26.5× YoY-18.6%	32.5× YoY-12.8%	37.3× YoY+64.7%	22.7× YoY-26.8%
P/S	1.5× YoY+39.6%	1.1× YoY-47.9%	2.1× YoY-11.5%	2.3× YoY-1.1%	2.3× YoY+5.6%
P/B	2.9× YoY+42.3%	2.0× YoY-4.2%	2.1× YoY-0.6%	2.1× YoY-1.7%	2.2× YoY+13.6%
P/FCF	21.2× YoY+14.8%	18.5× YoY-23.7%	24.2× YoY+16.5%	20.8× YoY+16.6%	17.8× YoY+16.5%
Earnings yield	2.8% YoY-25.3%	3.8% YoY+22.8%	3.1% YoY+14.7%	2.7% YoY-39.3%	4.4% YoY+36.7%
FCF yield	4.7% YoY-12.9%	5.4% YoY+31.1%	4.1% YoY-14.2%	4.8% YoY-14.2%	5.6% YoY-14.1%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: LHX's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LHX filings on SEC EDGAR → Not investment advice.

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About this data

financial statements