← L3HARRIS TECHNOLOGIES, INC. /DE/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 TTM
Operating Revenue $7.5b
$5.9b -20.99%
$6.2b +4.78%
$6.8b +10.01%
$18.2b +167.52%
$17.1b -6.22%
$19.4b +13.81%
$21.3b +9.82%
$21.9b +2.53%
$21.9b 0.00%
$22.9b +4.88%
Cost of Revenue $5.1b
$3.8b -25.74%
$3.9b +3.15%
$4.5b +13.64%
$12.4b +178.44%
$12.1b -2.44%
$14.3b +17.89%
$15.8b +10.45%
$16.2b +2.78%
($16.2b) -200.00%
$17.1b +205.22%
Reconciled Cost Of Revenue — — — — — $12.1b
$14.3b +17.89%
$15.3b +6.89%
$15.7b +2.83%
— $17.1b
Gross Profit $4.3b
$2.9b -33.63%
$2.3b -21.60%
$2.3b +3.69%
$5.4b +130.33%
$4.9b -8.35%
$5.1b +3.78%
$5.5b +8.04%
$5.6b +1.83%
$5.6b 0.00%
$5.8b +3.89%
Net Interest Income — — — — — ($279.0m)
($543.0m) -94.62%
($675.0m) -24.31%
($597.0m) +11.56%
— ($560.0m)
Interest Income (Expense), Net — $170.0m
($168.0m) -198.82%
— ($265.0m)
($279.0m) -5.28%
($543.0m) -94.62%
— ($675.0m)
($597.0m) +11.56%
—
Research And Development — — — — — $603.0m $480.0m $515.0m $536.0m — $598.0m
Selling, General and Administrative Expense — — — — $3.3b $3.0b $3.3b $3.6b $3.4b $3.4b $2.2b
General and administrative expenses — — — ($1.2b) ($3.3b) ($3.0b) ($3.3b) — ($3.6b) ($3.4b) $1.7b
Amortization of Intangible Assets $167.0m $126.0m $117.0m $115.0m $627.0m $605.0m $779.0m $853.0m $770.0m $770.0m —
Restructuring And Mergern Acquisition — — — — — $162.0m $174.0m $102.0m $57.0m — $67.0m
Operating Expenses $1.2b $1.0b $1.1b $1.2b — — — — — — $20.6b
EBIT $1.1b $1.1b $1.1b $2.1b $1.6b $1.8b $2.3b $2.5b $2.8b
Operating Income $1.1b
$1.1b +1.71%
$1.1b +4.57%
— $2.1b
$1.9b -8.53%
$1.8b -6.69%
$2.0b +11.94%
$2.1b +6.70%
$2.1b -1.86%
$2.4b +12.09%
Other Non Operating Income Expenses — — — — — $425.0m $338.0m $354.0m $419.0m — —
Operating Income (Loss) $1.1b
$1.1b +1.71%
$1.1b +4.57%
— $3.3b
$1.8b -45.36%
$1.4b -21.91%
$1.9b +34.50%
$2.1b +10.01%
$2.1b 0.00%
$2.4b +12.09%
Total Operating Income As Reported $1.1b $1.1b $1.1b — $2.1b $1.1b $1.4b $1.9b $2.1b — $2.4b
Interest Expense $183.0m $172.0m $170.0m $169.0m — $279.0m $543.0m $675.0m $597.0m — $560.0m
Interest expense, net — $170.0m ($168.0m) — ($265.0m) ($279.0m) ($543.0m) — ($675.0m) ($597.0m) $560.0m
Investment Income, Interest $2.0m $2.0m $2.0m $2.0m — — — — — — —
Net Non Operating Interest Income Expense — — — — — ($279.0m) ($543.0m) ($675.0m) ($597.0m) — ($560.0m)
Gain (Loss) on Investments — — — — — ($18.0m) — — — — —
Gain On Sale Of Business — — — — — $0 ($51.0m) ($19.0m) ($82.0m) — ($75.0m)
Gain On Sale Of PPE — — — — — — — $62.0m $184.0m — $229.0m
Gain On Sale Of Security — — — — $5.0m ($18.0m) — — — — ($18.0m)
Nonoperating Income (Expense) $10.0m $2.0m ($28.0m) $188.0m $439.0m $425.0m $338.0m — $354.0m $419.0m —
Other Nonoperating Income (Expense) — — ($3.0m) $0 $28.0m $2.0m — $354.0m $419.0m $419.0m —
Other Income Expense — — — — — ($377.0m) ($36.0m) $257.0m $379.0m — $445.0m
Interest Income (Expense), Nonoperating, Net — — — — — — — ($675.0m) ($597.0m) ($597.0m) —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — $1.7b $1.7b $2.2b
Pre-Tax Income — — — — $2.3b $1.3b $1.2b $1.6b $1.9b $1.9b $2.2b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — $2.3b $1.3b $1.2b $1.6b $1.9b $1.9b $2.2b
Income taxes ($266.0m) ($267.0m) ($205.0m) ($160.0m) ($234.0m) ($212.0m) ($23.0m) — ($85.0m) ($326.0m) —
Current Income Tax Expense (Benefit) ($19.0m) $132.0m ($140.0m) $122.0m $550.0m $813.0m $444.0m ($89.0m) $120.0m $120.0m $374.0m
Income Tax Expense (Benefit) $266.0m $267.0m $205.0m $160.0m $440.0m $212.0m $23.0m $85.0m $326.0m $326.0m $374.0m
Net Income From Continuing And Discontinued Operation $324.0m $553.0m $718.0m $949.0m $1.1b $1.1b $1.2b $1.5b $1.6b $1.6b $1.9b
Net Income Continuous Operations $345.0m $638.0m $721.0m $953.0m $1.8b $1.1b $1.2b $1.5b $1.6b — $1.9b
Net Income Discontinuous Operations — — — — ($1.0m) $0 $0 — — — —
Net Income (Loss) Available to Common Stockholders, Basic $324.0m
$553.0m +70.68%
$719.0m +30.02%
$951.0m +32.27%
$1.8b +94.22%
$1.1b -42.50%
$1.2b +15.54%
$1.5b +22.41%
$1.5b 0.00%
$1.6b +6.92%
$1.9b +15.82%
Net Income (Loss) Attributable to Noncontrolling Interest $0 — — — ($4.0m) ($1.0m) ($29.0m) $10.0m $0 $0 $1.9b
Income (Loss) from Continuing Operations, Per Basic Share $3 $5 $6 $8 $9 $6 $6 — $8 — —
Income (Loss) from Continuing Operations, Per Diluted Share $3 $5 $6 $8 $9 $5 $6 — $8 — —
Earnings Per Share, Basic $2.61 $4.50 $6.04 $8.03 $9.17 $5.54 $6.47 $7.91 $8.57 $8.57 $9.96
Earnings Per Share, Diluted $2.59 $4.44 $5.92 $7.86 $9.09 $5.49 $6.44 $7.87 $8.53 $8.53 $9.90
Weighted Average Number of Shares Outstanding, Basic — 122.6m 118.6m 118.0m 201.3m 191.8m 189.6m 189.8m 187.4m 187.4m 186.8m
Basic Average Shares — 122.6m 118.6m 118.0m 201.3m $191.8m $189.6m $189.8m $187.4m 187.4m $186.8m
Diluted Average Shares 125.0m 124.3m 121.1m 120.5m 203.2m $193.5m $190.6m $190.7m $188.4m 188.4m $188.0m
Weighted Average Number of Shares Outstanding, Diluted 125.0m 124.3m 121.1m 120.5m 203.2m 193.5m 190.6m 190.7m 188.4m 188.4m 188.0m
Additional Financial Items
Goodwill, Impairment Loss $290.0m — — — $62.0m $802.0m $296.0m $14.0m $85.0m $85.0m $85.0m
Impairment of goodwill and other assets ($367.0m) — — $0 ($767.0m) ($802.0m) ($374.0m) — ($38.0m) ($85.0m) —
Non-service FAS pension income and other, net $10.0m $2.0m ($28.0m) $188.0m $439.0m $425.0m $338.0m — $354.0m $419.0m —
Noncontrolling interests, net of tax $0 — — $0 $33.0m $1.0m $29.0m — ($10.0m) $0 —
Amortization — — — — — $532.0m $687.0m $779.0m $707.0m — $675.0m
Diluted EPS $2.59 $4.44 $5.92 $7.86 $9.09 $5.49 $6.44 $7.87 $8.53 $8.53 $9.90
Diluted NI Availto Com Stockholders $324.0m $553.0m $718.0m $949.0m $1.1b $1.1b $1.2b $1.5b $1.6b $1.6b $1.9b
Impairment Of Capital Assets — — — — — $802.0m $374.0m $38.0m $85.0m — $85.0m
Minority Interests — — — — — $1.0m $29.0m ($10.0m) $0 — ($14.0m)
Normalized EBITDA — — — — — $3.3b $3.3b $3.7b $3.8b — $4.0b
Normalized Income — — — — — $1.7b $1.6b $1.6b $1.6b — $1.9b
Other Gand A — — — — — $3.0b $3.3b $1.8b $1.8b — —
Reconciled Depreciation — — — — — $938.0m $1.2b $1.3b $1.2b — $675.0m
Selling General And Administration — — — — — $3.0b $3.3b $2.2b $2.2b — —
Special Income Charges — — — — — ($802.0m) ($374.0m) ($97.0m) ($40.0m) — ($43.0m)
Tax Effect Of Unusual Items — — — — — ($133.9m) ($7.1m) ($5.2m) ($6.7m) — ($7.2m)
Tax Provision $266.0m $267.0m $205.0m $160.0m $440.0m $212.0m $23.0m $85.0m $326.0m $326.0m $374.0m
Tax Rate For Calcs — — — — — $0 $0 $0 $0 — $0
Write Off — — — — $35.0m $0 — — — — —
Business Combination, Acquisition Related Costs — — — — — — $83.0m $78.0m — — —
Operating Expense — — — — — $3.0b $3.3b $3.5b $3.5b — $20.6b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $345.0m — — — $1.8b $1.1b $1.2b — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $345.0m $638.0m $721.0m $953.0m $1.8b $1.1b $1.2b $1.5b $1.6b — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($21.0m) ($85.0m) ($3.0m) ($4.0m) ($1.0m) $0 $0 — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($21.0m) ($85.0m) ($3.0m) ($4.0m) ($1.0m) $0 $0 — — — —
Total Unusual Items — — — — — ($802.0m) ($374.0m) ($97.0m) ($40.0m) — ($43.0m)
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component — — — — $445.0m — — — — — —
Total Expenses — — — — — $15.1b $17.6b $19.3b $19.7b — $20.6b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.