L3Harris Technologies (LHX) Gross Margin (2009 - 2026)
L3Harris Technologies (LHX) posted Gross Margin of 25.54% for Q3 2026, up 4.64% sequentially from 24.41% in Q2 2026, and up 94.0% YoY from 13.16% in Q3 2025.
L3Harris Technologies (LHX) Gross Margin (2009 - 2026) Analysis & Trends
L3Harris Technologies has reported Gross Margin for 18 years, with the latest figure at 25.54% in Q3 2026.
- Quarterly Gross Margin rose 94.0% year-over-year to 25.54% in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 25.6% (down 14.0% YoY) and the FY2026 annual result came in at 27.35%, up 144.0% from the prior year.
- Gross Margin rose to 25.54% in Q3 2026 per LHX's latest filing, from 24.41% in the prior quarter.
- Over five years, Gross Margin peaked at 30.29% in Q2 2022 and troughed at 269.49% in Q4 2023.
- A 5-year average of 10.04% and a median of 25.97% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin slumped 29705 bps in 2023, then surged 29478 bps in 2025.
- Over 5 years, Gross Margin stood at 27.57% in 2022, then sank by 1078 bps to 269.49% in 2023, then jumped by 110 bps to 26.81% in 2024, then retreated by 2 bps to 26.4% in 2025, then slipped by 3 bps to 25.54% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 25.54%, 24.41%, and 25.73% for Q3 2026, Q2 2026, and Q1 2026 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.95 Bn | 353.61 Bn | 6.95 Bn | 52.07% |
| 2 | Rtx | 287.98 Bn | 279.68 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 169.77 Bn | 149.74 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 130.99 Bn | 127.20 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 110.12 Bn | 109.55 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 104.72 Bn | 100.39 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 79.81 Bn | 77.51 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 68.86 Bn | 66.09 Bn | 1.63 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.44 Bn | 48.92 Bn | 1.50 Bn | 25.54% |
| 10 | Axon Enterprise | 49.16 Bn | 48.48 Bn | 546.45 Mn | 60.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 25.54% |
| 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% |