FINHUB Insights

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

The whole income statement of L3Harris for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Jan 4 – Mar 28, 2025
Reported
Apr 24, 2025 10-Q accession 0000202058-25-000101

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
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The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 28, 2025).
ItemValueShare of revenueYear over year
Segment revenue 5.18 101%
SAS 1.61 32%
IMS 1.59 31%
CS 1.35 26%
AR 0.63 12%
Eliminations −0.05 −1%
Net revenue 5.13 100% −2%
Cost of revenue−3.7874%
Gross profit1.3526% margin+0pp
SG&A−0.8316%−3pp
Operating profit0.5310% margin+3pp
Interest & other costs−0.07
Tax−0.07
Net profit0.39 8% margin+2pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

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.

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