L3Harris Technologies (LHX) Gross Margin (2009 - 2026)
L3Harris Technologies recorded quarterly Gross Margin of 24.41% in Q2 2026, down 5.12% quarter-over-quarter from 25.73% in Q1 2026, and down 190.0% year-over-year from 27.12% in Q2 2025.
L3Harris Technologies' Gross Margin history runs 18 years deep, the most recent figure standing at 24.41% for Q2 2026.
- In Q2 2026, Gross Margin fell 190.0% year-over-year to 24.41%; the TTM figure through Apr 2026 stood at 25.47% (down 54.0% YoY), while the FY2026 annual figure was 474.96%, down 50087.0% from the prior year.
- Gross Margin came in at 24.41% for Q2 2026 at L3Harris Technologies, down from 25.73% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 30.29% in Q2 2022 to a low of 269.49% in Q4 2023.
- A 5-year average of 9.13% and a median of 26.08% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 29705 bps in 2023 and jumped 29478 bps in 2025, its largest moves.
- L3Harris Technologies' Gross Margin stood at 27.57% in 2022, then plunged by 1078 bps to 269.49% in 2023, then soared by 110 bps to 26.81% in 2024, then fell by 2 bps to 26.4% in 2025, then decreased by 8 bps to 24.41% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 24.41%, 25.73%, and 26.4% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 73.52% |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 41.11% |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 11.46% |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 67.40% |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 38.18% |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 34.90% |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 59.39% |
| 10 | L3Harris Technologies | 58.28 Bn | 57.69 Bn | 1.40 Bn | 24.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 24.41% |
| Jan 2, 2026 | 25.73% |
| Oct 3, 2025 | 26.40% |
| Jun 27, 2025 | 24.60% |
| Mar 28, 2025 | 26.31% |
| Jan 3, 2025 | 25.29% |
| Sep 27, 2024 | 26.81% |
| Jun 28, 2024 | 25.67% |
| Mar 29, 2024 | 25.87% |
| Dec 29, 2023 | -269.49% |
| Sep 29, 2023 | 26.59% |
| Jun 30, 2023 | 25.29% |
| Mar 31, 2023 | 26.08% |
| Dec 30, 2022 | 27.57% |
| Sep 30, 2022 | 28.12% |
| Jul 1, 2022 | 29.70% |
| Apr 1, 2022 | 30.29% |
| Dec 31, 2021 | 29.82% |
| Oct 1, 2021 | 30.93% |
| Jul 2, 2021 | 30.36% |
| Apr 2, 2021 | 29.65% |
| Oct 2, 2020 | 29.37% |
| Jul 3, 2020 | 28.57% |
| Apr 3, 2020 | 28.71% |
| Jan 3, 2020 | 27.39% |
| Sep 27, 2019 | 26.83% |
| Jun 28, 2019 | 34.42% |
| Mar 29, 2019 | 34.09% |
| Dec 28, 2018 | 34.27% |
| Sep 28, 2018 | 34.50% |
| Jun 29, 2018 | 33.96% |
| Mar 30, 2018 | 34.19% |
| Dec 29, 2017 | 33.42% |
| Sep 29, 2017 | 34.82% |
| Jun 30, 2017 | 29.89% |
| Mar 31, 2017 | 35.66% |
| Dec 30, 2016 | 36.51% |
| Sep 30, 2016 | 36.83% |
| Jul 1, 2016 | 38.88% |
| Apr 1, 2016 | 34.90% |
| Jan 1, 2016 | 31.18% |
| Oct 2, 2015 | 32.63% |
| Jul 3, 2015 | 86.35% |
| Apr 3, 2015 | 36.48% |
| Jan 2, 2015 | 33.00% |
| Sep 26, 2014 | 34.03% |
| Jun 27, 2014 | 141.67% |
| Mar 28, 2014 | 33.65% |
| Dec 27, 2013 | 34.97% |
| Sep 27, 2013 | 35.02% |
| Jun 28, 2013 | 44.08% |
| Mar 29, 2013 | 33.25% |
| Dec 28, 2012 | 34.31% |
| Sep 28, 2012 | 32.75% |
| Jun 29, 2012 | 143.47% |
| Mar 30, 2012 | 35.72% |
| Dec 30, 2011 | 34.67% |
| Sep 30, 2011 | 33.10% |
| Jul 1, 2011 | 29.80% |
| Apr 1, 2011 | 36.54% |
| Dec 31, 2010 | 34.62% |
| Oct 1, 2010 | 37.31% |
| Jul 2, 2010 | 122.52% |
| Apr 2, 2010 | 38.32% |
| Jan 1, 2010 | 36.06% |
| Oct 2, 2009 | 32.49% |
| Jul 3, 2009 | 31.25% |
| Apr 3, 2009 | 32.51% |
| Jan 2, 2009 | 30.60% |