Filing Flows › L3Harris Technologies (LHX) › Q1 2026
L3Harris Technologies (LHX) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
L3Harris Technologies (LHX) reported revenue of $5.7B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -74% from the quarter before. Operating margin was 11.4%, net earnings $512M (8.9% of revenue).
L3Harris Technologies, Q1 2026: revenue $5.7B (+12% year over year), operating margin 11.4%, net earnings $512M, operating cash flow −$95.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.7B | -74% | +12% |
| Operating profit | $652M | +66% | +24% |
| Net earnings | $512M | +71% | +33% |
| Operating cash flow | −$95.0M | -105% | — |
What changed
Revenue was $5.7B in Q1 2026, up 12% year over year and down 74% from the previous quarter.
Operating profit was $0.65B, a 11.4% margin (up 1.1 points year over year). Of the extra revenue versus Q1 2025, 21% reached operating profit, above the 10% margin then. Total costs grew 11% against revenue growth of 12%. The fastest-growing cost line was Cost of revenue (+15%). Net earnings were $0.51B, up 33% year over year. The effective tax rate was 13.1%.
Operating cash flow was −$0.10B. Non-cash charges added back $0.28B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.91B. Capital expenditures of $0.10B exceeded it, leaving free cash flow of −$0.19B.
Questions
What was L3Harris Technologies' revenue in the first quarter 2026?
L3Harris Technologies (LHX) reported revenue of $5.7B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -74% from the quarter before.
Was L3Harris Technologies profitable in the first quarter 2026?
Operating profit was $652M (11.4% of revenue) and net earnings $512M.