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| Date | Value |
|---|---|
| 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 |