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

L3Harris Technologies' (LHX) quarterly Operating Expenses came in at $750.0 million in Q2 2026, down 9.09% year-on-year from $825.0 million in Q2 2025, and down 22.52% quarter-over-quarter from $968.0 million in Q1 2026.

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

L3Harris Technologies has disclosed Operating Expenses across 18 years of filings, most recently posting $750.0 million for Q2 2026.

  • Operating Expenses for Q2 2026 came in at $750.0 million, down 9.09% year-over-year; the trailing twelve-month figure through Apr 2026 was $3.4 billion (down 1.99% YoY), and the FY2026 annual result was $3.4 billion, down 3.87% from the prior year.
  • Operating Expenses came in at $750.0 million for Q2 2026 at L3Harris Technologies, down from $968.0 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.
  • The 5-year median for Operating Expenses is $790.0 million (2025), against an average of $826.5 million.
  • Across the five-year window, Operating Expenses fell 16.5% in 2022 and gained 25.49% in 2024, its largest moves.
  • L3Harris Technologies' 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 decreased by 14.09% to $750.0 million in 2026.
  • The last three Operating Expenses figures came in at $750.0 million (Q2 2026), $968.0 million (Q1 2026), and $873.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 1.85 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 10.18 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 19.59 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 2.10 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 120.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 12.06 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 8.89 Bn
10 L3Harris Technologies 57.09 Bn 56.50 Bn 1.40 Bn 750.00 Mn

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