L3Harris Technologies (LHX) Operating Expenses (2009 - 2026)

L3Harris Technologies (LHX) posted Operating Expenses of $750.0 million for Q2 2026, down 22.52% sequentially from $968.0 million in Q1 2026, and down 9.09% YoY from $825.0 million in Q2 2025.

L3Harris Technologies (LHX) Operating Expenses (2009 - 2026) Analysis & Trends

L3Harris Technologies (LHX) has 18 years of Operating Expenses data on file, last reported at $750.0 million in Q2 2026.

  • Quarterly Operating Expenses fell 9.09% year-over-year to $750.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $3.4 billion (down 1.99% YoY) and the FY2026 annual result came in at $3.4 billion, down 3.87% from the prior year.
  • Operating Expenses fell to $750.0 million in Q2 2026 per LHX's latest filing, from $968.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $970.0 million in Q1 2024, with the low at $742.0 million in Q3 2022.
  • Average Operating Expenses over 5 years is $826.5 million, with a median of $790.0 million recorded in 2025.
  • Year-over-year, Operating Expenses dropped 16.5% in 2022 and increased 25.49% in 2024.
  • L3Harris Technologies' Operating Expenses stood at $759.0 million in 2022, then gained by 21.87% to $925.0 million in 2023, then dropped by 0.11% to $924.0 million in 2024, then declined by 5.52% to $873.0 million in 2025, then declined by 14.09% to $750.0 million in 2026.
  • Business Quant data shows LHX's Operating Expenses at $750.0 million in Q2 2026, $968.0 million in Q1 2026, and $873.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.10 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 19.59 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 12.06 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 120.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 273.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 8.89 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 132.46 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 750.00 Mn
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 1.03 Bn

Historic Data

Download Data
DateValue
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
Jul 2, 2021 891.00 Mn