L3Harris Technologies (LHX) Gross Margin (2009 - 2026)
L3Harris Technologies' (LHX) quarterly Gross Margin came in at 25.54% in Q3 2026, up 94.0% year-over-year from 13.16% in Q3 2025, and up 4.64% quarter-over-quarter from 24.41% in Q2 2026.
Analysis
L3Harris Technologies (LHX) Gross Margin (2009 - 2026) Analysis & Trends
L3Harris Technologies has disclosed Gross Margin across 18 years of filings, most recently posting 25.54% for Q3 2026.
- In Q3 2026, Gross Margin rose 94.0% year-over-year to 25.54%; the TTM figure through Jul 2026 stood at 25.6% (down 14.0% YoY), while the FY2026 annual figure was 27.35%, up 144.0% from the prior year.
- Gross Margin came in at 25.54% for Q3 2026 at L3Harris Technologies, up from 24.41% 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.
- Average Gross Margin over 5 years is 10.04%, with a median of 25.97% recorded in 2023.
- Year-over-year, Gross Margin sank 29705 bps in 2023 and jumped 29478 bps in 2025.
- Over 5 years, Gross Margin stood at 27.57% in 2022, then tumbled 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 3 bps to 25.54% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 25.54% in Q3 2026, 24.41% in Q2 2026, and 25.73% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 12.19% |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 47.94% |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 53.56% |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 34.21% |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 25.54% |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 25.32% |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 44.40% |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 39.40% |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 17.92% |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | 33.72% |
Historic Data
Download Data
Historic 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% |