L3Harris Technologies (LHX) Gross Margin (2009 - 2026)
L3Harris Technologies (LHX) reported Gross Margin of 24.41% for Q2 2026, down 190.0% on a YoY basis from 27.12% in Q2 2025, and down 5.12% sequentially from 25.73% in Q1 2026.
L3Harris Technologies (LHX) Gross Margin (2009 - 2026) Analysis & Trends
L3Harris Technologies (LHX) has 18 years of Gross Margin data on file, last reported at 24.41% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 190.0% year-over-year to 24.41%; the trailing twelve-month figure through Apr 2026 stood at 25.47% (down 54.0% YoY), and the FY2026 full-year result was 462.04%, down 48794.0% from the prior year.
- Gross Margin retreated to 24.41% in Q2 2026, 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 plunged 29705 bps in 2023 and soared 29478 bps in 2025, its largest moves.
- Tracing LHX's Gross Margin over 5 years: stood at 27.57% in 2022, then slumped by 1078 bps to 269.49% in 2023, then jumped by 110 bps to 26.81% in 2024, then dropped by 2 bps to 26.4% in 2025, then fell by 8 bps to 24.41% in 2026.
- Business Quant data shows LHX's Gross Margin at 24.41% in Q2 2026, 25.73% in Q1 2026, and 26.4% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | -433.85% |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 24.41% |
| 10 | Heico | 49.29 Bn | 49.08 Bn | 569.53 Mn | 41.40% |
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% |