L3Harris Q1 FY26: 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 3 – Apr 3, 2026
- Reported
- Apr 30, 2026
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
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Segment revenue | 5.8 | 102% | |
| SMS | 3.0 | 52% | |
| CSD | 1.9 | 33% | |
| MSL | 1.0 | 17% | |
| Eliminations | −0.1 | −2% | |
| Net revenue | 5.7 | 100% | +12% |
| Cost of revenue | −4.3 | 76% | |
| Gross profit | 1.4 | 24% margin | −2pp |
| SG&A | −0.8 | 13% | −3pp |
| Operating profit | 0.7 | 11% margin | +1pp |
| Interest & other costs | −0.1 | ||
| Tax | −0.1 | ||
| Net profit | 0.5 | 9% margin | +1pp |
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