Filing Flows › L3Harris Technologies (LHX) › Q1 2025
L3Harris Technologies (LHX) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 24, 2025
L3Harris Technologies (LHX) reported revenue of $5.1B for the first quarter 2025 (Q1 2025), -2% from a year earlier and -7% from the quarter before. Operating margin was 10.2%, net earnings $386M (7.5% of revenue).
L3Harris Technologies, Q1 2025: revenue $5.1B (-2% year over year), operating margin 10.2%, net earnings $386M, operating cash flow −$42.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1B | -7% | -2% |
| Operating profit | $525M | -8% | +39% |
| Net earnings | $386M | -15% | +35% |
| Operating cash flow | −$42.0M | — | — |
What changed
Revenue was $5.1B in Q1 2025, down 2% year over year and down 7% from the previous quarter.
Operating profit was $0.53B, a 10.2% margin (up 3.0 points year over year). Total costs fell 5% while revenue fell 2%. Net earnings were $0.39B, up 36% year over year. The effective tax rate was 15.9%.
Operating cash flow was −$0.04B. Non-cash charges added back $0.30B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.75B. Capital expenditures of $0.06B exceeded it, leaving free cash flow of −$0.10B.
Questions
What was L3Harris Technologies' revenue in the first quarter 2025?
L3Harris Technologies (LHX) reported revenue of $5.1B for the first quarter 2025 (Q1 2025), -2% from a year earlier and -7% from the quarter before.
Was L3Harris Technologies profitable in the first quarter 2025?
Operating profit was $525M (10.2% of revenue) and net earnings $386M.