FINHUB Insights

LHX · Q1 FY26 · Apr 3, 2026

L3Harris Q1 FY26: where the revenue came from and where it went

L3Harris Q1 FY26: revenue $5.7B (+12% year over year). Net profit $0.5B. Largest cohort SMS $3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 3, 2026
Reported
Apr 30, 2026 10-Q
Sankey diagram of L3Harris's income statement for Q1 FY26: revenue of $5.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$5.7B +12% year over year
Gross profit$1.4B 24% margin
Operating profit$0.7B 11% margin
Net profit$0.5B 9% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Apr 3, 2026).
ItemValueShare of revenueYear over year
Revenue 5.7 100% +12%
SMS 3 53%
CSD 1.9 33%
MSL 1 18%
Cost of revenue−4.375%
Gross profit1.424% margin−2pp
SG&A−0.813%−3pp
Operating profit0.711% margin+1pp
Tax−0.1
Interest & other costs−0.1
Net profit0.59%+1pp
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.

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