stockrowL3Harris Technologies Inc
LHX Industrials Aerospace & Defense
L3Harris Technologies Inc’s revenue for fiscal 2025 (year ended December 2025) was $21.9 billion, up 2.53% from fiscal 2024.
- Revenue
- +7.09%
- EPS
- +37.5%
- Free cash flow
- +198.1%
- Total debt
- −0.01%
Quarter to September 2026, against a year earlier
Follow LHX
Alert me
L3Harris Technologies Inc (LHX) Gross margin
L3Harris Technologies Inc's gross margin over the twelve months to 30 September 2026 was 25.6%, 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 26.4% and below the Industrials sector median of 30.6%.
Gross margin, annual
Embed this chart
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) |
|---|---|---|
| Sep 2026 | 26.6% | 1.06 |
| Jun 2026 | 25.5% | 1.13 |
| Mar 2026 | 24.4% | (1.19) |
| Dec 2025 | 25.6% | (0.80) |
| 39 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% |
| HONA Honeywell Aerospace inc. compare | 36.2% |
| LHX L3Harris Technologies Inc | 25.6% |
| ESLT Elbit Systems Ltd. compare | 25.0% |
| NOC Northrop Grumman Corporation compare | 20.0% |
| Aerospace & Defense industry median | 26.4% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
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
More on LHX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement