The financials
L3Harris by the numbers
L3Harris (LHX) reported revenue of $5.88B in Q2 2027 (quarter ended July 3, 2026), up 8.4% from the same quarter a year earlier. That came with a gross margin of 26% and net income of $600M (10% of revenue). For the full year FY2026, revenue was $38.1B (+79% year on year) and net income $1.61B. Its largest segment in 2026-Q1 was Space And Airborne Systems at $2.99B, 51% of the disclosed total, just ahead of Communication Systems at 32%.
| Income statement | Q2 2027 | Q2 2026 | Change |
|---|---|---|---|
| Revenue | $5.88B | $5.43B | +8.4% |
| Gross profit | $1.50B | $1.33B | +13% |
| Operating income | $654M | $571M | +15% |
| Net income | $600M | $458M | +31% |
| Diluted EPS | $3.13 | $2.44 | +28% |
| Operating | Revenue | Share |
|---|---|---|
| Space And Airborne Systems | $2.99B | 51% |
| Communication Systems | $1.85B | 32% |
| Integrated Mission Systems | $990M | 17% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $5.83B (-74%)
Space And Airborne Systems grew +24% year on yearCommunication Systems +2.5% year on year
Segment Latestquarter on quarteryear on year
- Space And Airborne Systems$2.99B$2.99BQoQ -57%year on year +24%-57%+24%
- Communication Systems$1.85B$1.85BQoQ -67%year on year +2.5%-67%+2.5%
- Integrated Mission Systems$990.0M$990.0MQoQ -85%year on year +18%-85%+18%
- Aerojet Rocketdyne--QoQ -year on year ---
- Other Non Reportable Businesses--QoQ -year on year ---
Aerospace & Defense
Ranks #27 of 48 by Smart Score