L3Harris Technologies (LHX) Operating Expenses (2009 - 2026)
L3Harris Technologies' (LHX) quarterly Operating Expenses came in at $848.0 million in Q3 2026, up 10.99% year-over-year from $764.0 million in Q3 2025, and up 13.07% quarter-over-quarter from $750.0 million in Q2 2026.
Analysis
L3Harris Technologies (LHX) Operating Expenses (2009 - 2026) Analysis & Trends
L3Harris Technologies has disclosed Operating Expenses across 18 years of filings, most recently posting $848.0 million for Q3 2026.
- In Q3 2026, Operating Expenses rose 10.99% year-over-year to $848.0 million; the TTM figure through Jul 2026 stood at $3.4 billion (up 4.12% YoY), while the FY2026 annual figure was $3.4 billion, down 3.87% from the prior year.
- Operating Expenses came in at $848.0 million for Q3 2026 at L3Harris Technologies, up from $750.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $970.0 million in Q1 2024 to a low of $742.0 million in Q3 2022.
- Average Operating Expenses over 5 years is $827.7 million, with a median of $807.5 million recorded in 2025.
- Year-over-year, Operating Expenses retreated 16.5% in 2022 and advanced 25.49% in 2024.
- Over 5 years, Operating Expenses stood at $759.0 million in 2022, then grew by 21.87% to $925.0 million in 2023, then retreated by 0.11% to $924.0 million in 2024, then decreased by 5.52% to $873.0 million in 2025, then retreated by 2.86% to $848.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $848.0 million in Q3 2026, $750.0 million in Q2 2026, and $968.0 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | - |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 12.63 Bn |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 756.00 Mn |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 9.78 Bn |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 848.00 Mn |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 360.21 Mn |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 1.33 Bn |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 139.39 Mn |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 310.00 Mn |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | 2.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 848.00 Mn |
| Apr 3, 2026 | 750.00 Mn |
| Jan 2, 2026 | 968.00 Mn |
| Oct 3, 2025 | 873.00 Mn |
| Jun 27, 2025 | 764.00 Mn |
| Mar 28, 2025 | 825.00 Mn |
| Jan 3, 2025 | 790.00 Mn |
| Sep 27, 2024 | 924.00 Mn |
| Jun 28, 2024 | 884.00 Mn |
| Mar 29, 2024 | 970.00 Mn |
| Dec 29, 2023 | 925.00 Mn |
| Sep 29, 2023 | 828.00 Mn |
| Jun 30, 2023 | 787.00 Mn |
| Mar 31, 2023 | 773.00 Mn |
| Dec 30, 2022 | 759.00 Mn |
| Sep 30, 2022 | 742.00 Mn |
| Jul 1, 2022 | 744.00 Mn |
| Apr 1, 2022 | 745.00 Mn |
| Dec 31, 2021 | 795.00 Mn |
| Oct 1, 2021 | 793.00 Mn |