L3Harris Technologies (LHX) Gross Margin (2009 - 2026)
L3Harris Technologies' (LHX) quarterly Gross Margin came in at 24.41% in Q2 2026, down 190.0% year-on-year from 27.12% in Q2 2025, and down 5.12% quarter-over-quarter from 25.73% in Q1 2026.
L3Harris Technologies (LHX) Gross Margin (2009 - 2026) Analysis & Trends
L3Harris Technologies has disclosed Gross Margin across 18 years of filings, most recently posting 24.41% for Q2 2026.
- Gross Margin for Q2 2026 came in at 24.41%, down 190.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 25.47% (down 54.0% YoY), and the FY2026 annual result 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.
- The 5-year median for Gross Margin is 26.08% (2023), against an average of 9.13%.
- Across the five-year window, Gross Margin slumped 29705 bps in 2023 and soared 29478 bps in 2025, its largest moves.
- L3Harris Technologies' Gross Margin stood at 27.57% in 2022, then sank by 1078 bps to 269.49% in 2023, then surged by 110 bps to 26.81% in 2024, then declined by 2 bps to 26.4% in 2025, then retreated by 8 bps to 24.41% in 2026.
- The last three Gross Margin figures came in at 24.41% (Q2 2026), 25.73% (Q1 2026), and 26.4% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 29.53% |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 73.52% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 41.11% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 11.46% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 11.53% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 36.92% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 67.40% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 34.90% |
| 10 | L3Harris Technologies | 57.09 Bn | 56.50 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% |