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L3Harris Technologies (LHX) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 12, 2026

L3Harris Technologies (LHX) reported revenue of $21.9B for the fourth quarter 2025 (Q4 2025), +296% from a year earlier and +286% from the quarter before. Operating margin was 1.8%, net earnings $300M (1.4% of revenue).

Revenue$21.9B
Year over year+296%
Quarter over quarter+286%
Operating margin1.8%
Net earnings$300M

L3Harris Technologies, Q4 2025: revenue $21.9B (+296% year over year), operating margin 1.8%, net earnings $300M, operating cash flow $2.0B. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$21.9B+286%+296%
Operating profit$393M-37%-31%
Net earnings$300M-35%-34%
Operating cash flow$2.0B+259%+74%
Free cash flow$1.8B—+83%

What changed

Revenue was $21.9B in Q4 2025, up 296% year over year and up 286% from the previous quarter.

Operating profit was $0.39B, a 1.8% margin (down 8.5 points year over year). Operating profit fell $0.18B even though revenue rose $16.3B versus a year earlier, so costs grew faster than sales. Total costs grew 333% against revenue growth of 296%. The fastest-growing cost line was Other operating costs (+11121%). Net earnings were $0.30B, down 34% year over year. The effective tax rate was 21.5%.

Operating cash flow was $2.0B (up 74% year over year), 654% of net earnings. Non-cash charges added back $0.31B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $1.3B. After capital expenditures, net ($0.11B), free cash flow as the company reports it was $1.8B.

Questions

What was L3Harris Technologies' revenue in the fourth quarter 2025?

L3Harris Technologies (LHX) reported revenue of $21.9B for the fourth quarter 2025 (Q4 2025), +296% from a year earlier and +286% from the quarter before.

Was L3Harris Technologies profitable in the fourth quarter 2025?

Operating profit was $393M (1.8% of revenue) and net earnings $300M.

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Source: L3Harris Technologies 10-K on SEC EDGAR.