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

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

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.

  • For the quarter ending Q2 2026, Operating Expenses fell 9.09% year-over-year to $750.0 million; the trailing twelve-month figure through Apr 2026 stood at $3.4 billion (down 1.99% YoY), and the FY2026 full-year result was $3.4 billion, down 3.87% from the prior year.
  • Operating Expenses fell to $750.0 million in Q2 2026, 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.
  • A 5-year average of $826.5 million and a median of $790.0 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses fell 16.5% in 2022 and gained 25.49% in 2024, its largest moves.
  • Tracing LHX's Operating Expenses over 5 years: stood at $759.0 million in 2022, then climbed by 21.87% to $925.0 million in 2023, then fell by 0.11% to $924.0 million in 2024, then retreated by 5.52% to $873.0 million in 2025, then retreated 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 General Electric 370.01 Bn 360.67 Bn -3.10 Bn 10.86 Bn
2 Rtx 289.51 Bn 281.20 Bn 9.91 Bn 21.96 Bn
3 Boeing 175.23 Bn 155.21 Bn 2.41 Bn 2.35 Bn
4 Lockheed Martin 131.81 Bn 128.02 Bn 2.45 Bn -
5 Howmet Aerospace 111.46 Bn 109.03 Bn 854.00 Mn 27.00 Mn
6 General Dynamics 103.47 Bn 99.14 Bn 6.76 Bn 12.63 Bn
7 Northrop Grumman 75.90 Bn 73.59 Bn 3.72 Bn 9.78 Bn
8 TransDigm 72.86 Bn 68.97 Bn 1.51 Bn 273.00 Mn
9 L3Harris Technologies 50.70 Bn 50.11 Bn 1.40 Bn 750.00 Mn
10 Embraer 49.85 Bn 47.89 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