FINHUB Insights

LHX · Q1 FY25 · Jan 4 – Mar 28, 2025

L3Harris Q1 FY25: where the revenue came from and where it went

L3Harris Q1 FY25: revenue $5.1B (−2% year over year). Net profit $0.39B. Largest cohort SAS $1.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 4 – Mar 28, 2025
Reported
Apr 24, 2025 10-Q
Sankey diagram of L3Harris's income statement for Q1 FY25: revenue of $5.13 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$5.13B −2% year over year
Gross profit$1.35B 26% margin
Operating profit$0.53B 10% margin
Net profit$0.39B 8% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 28, 2025).
ItemValueShare of revenueYear over year
Revenue 5.13 100% −2%
SAS 1.61 31%
IMS 1.59 31%
CS 1.35 26%
AR 0.63 12%
Cost of revenue−3.7874%
Gross profit1.3526% margin+0pp
SG&A−0.8316%−3pp
Operating profit0.5310% margin+3pp
Tax−0.07
Interest & other costs−0.07
Net profit0.398%+2pp
Filing on EDGAR More quarters of LHX

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.