L3Harris Technologies Inc
LHX Industrials Aerospace & Defense
In the quarter to June 2026, revenue grew 8.39%, EPS grew 28.6%, free cash flow grew 37.4% and total debt fell 1.06%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three.
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L3Harris Technologies Inc (LHX) Gross margin
L3Harris Technologies Inc's gross margin over the twelve months to 30 June 2026 was 25.5%, down 0.2 percentage points from fiscal 2025 (25.7%). Over the past ten years it has ranged from 25.7% (fiscal 2025) to 39.0% (fiscal 2015) — the current reading is the lowest in ten years. That is in line with the Aerospace & Defense industry median of 25.5% and below the Industrials sector median of 30.5%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 25.7% | (0.17) |
| FY2024 | 25.9% | (0.43) |
| FY2023 | 26.3% | (2.55) |
| FY2022 | 28.9% | (1.30) |
| FY2021 | 30.2% | 1.01 |
| FY2020 | 29.2% | 1.78 |
| FY2019 | 27.4% | (6.93) |
| FY2019 | 34.3% | (0.46) |
| FY2018 | 34.8% | 0.70 |
| FY2018 | 34.1% | (0.78) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 25.5% | 1.13 |
| Mar 2026 | 24.4% | (1.19) |
| Dec 2025 | 25.6% | (0.80) |
| Sep 2025 | 26.4% | 1.80 |
| 38 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TDG Transdigm Group Incorporated compare | 59.6% |
| AXON Axon Enterprise, Inc compare | 59.4% |
| HEI Heico Corporation compare | 40.4% |
| HEI.A Heico Corporation compare | 40.4% |
| RKLB Rocket Lab Corporation compare | 37.3% |
| HWM Howmet Aerospace Inc. compare | 36.0% |
| LHX L3Harris Technologies Inc | 25.5% |
| ESLT Elbit Systems Ltd. compare | 25.0% |
| NOC Northrop Grumman Corporation compare | 20.1% |
| Aerospace & Defense industry median | 25.5% |
| Industrials sector median | 30.5% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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