L3Harris Technologies (LHX) Gross Margin (2009 - 2026)
L3Harris Technologies (LHX) posted Gross Margin of 24.41% for Q2 2026, down 5.12% sequentially from 25.73% in Q1 2026, and down 190.0% YoY from 27.12% in Q2 2025.
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.
- Quarterly Gross Margin fell 190.0% year-over-year to 24.41% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 25.47% (down 54.0% YoY) and the FY2026 annual result came in at 474.96%, down 50087.0% from the prior year.
- Gross Margin retreated to 24.41% in Q2 2026 per LHX's latest filing, from 25.73% in the prior quarter.
- The five-year high for Gross Margin was 30.29% in Q2 2022, with the low at 269.49% in Q4 2023.
- Average Gross Margin over 5 years is 9.13%, with a median of 26.08% recorded in 2023.
- Year-over-year, Gross Margin plunged 29705 bps in 2023 and jumped 29478 bps in 2025.
- L3Harris Technologies' Gross Margin stood at 27.57% in 2022, then slumped by 1078 bps to 269.49% in 2023, then surged by 110 bps to 26.81% in 2024, then decreased by 2 bps to 26.4% in 2025, then dropped 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 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 11.46% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 41.11% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 67.40% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 36.92% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 59.39% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 34.90% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 38.18% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 24.41% |
| 10 | Heico | 50.20 Bn | 50.07 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% |