L3Harris Technologies (LHX) Operating Expenses (2009 - 2026)
L3Harris Technologies (LHX) posted Operating Expenses of $848.0 million for Q3 2026, up 13.07% sequentially from $750.0 million in Q2 2026, and up 10.99% YoY from $764.0 million in Q3 2025.
L3Harris Technologies (LHX) Operating Expenses (2009 - 2026) Analysis & Trends
L3Harris Technologies has reported Operating Expenses for 18 years, with the latest figure at $848.0 million in Q3 2026.
- Quarterly Operating Expenses rose 10.99% year-over-year to $848.0 million in Q3 2026, while the trailing twelve-month figure through Jul 2026 was $3.4 billion (up 4.12% YoY) and the FY2026 annual result came in at $3.4 billion, down 3.87% from the prior year.
- Operating Expenses improved to $848.0 million in Q3 2026 per LHX's latest filing, from $750.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $970.0 million in Q1 2024 and troughed at $742.0 million in Q3 2022.
- A 5-year average of $827.7 million and a median of $807.5 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses decreased 16.5% in 2022, then climbed 25.49% in 2024.
- Over 5 years, Operating Expenses stood at $759.0 million in 2022, then rose by 21.87% to $925.0 million in 2023, then slipped by 0.11% to $924.0 million in 2024, then dropped by 5.52% to $873.0 million in 2025, then slipped by 2.86% to $848.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $848.0 million, $750.0 million, and $968.0 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.78 Bn | 353.43 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 284.89 Bn | 276.58 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 168.65 Bn | 148.63 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 130.68 Bn | 126.89 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 108.86 Bn | 108.30 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 103.61 Bn | 99.27 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 78.53 Bn | 76.23 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 68.76 Bn | 65.98 Bn | 1.63 Bn | 332.00 Mn |
| 9 | Axon Enterprise | 50.66 Bn | 49.98 Bn | 546.45 Mn | 499.67 Mn |
| 10 | L3Harris Technologies | 49.99 Bn | 48.47 Bn | 1.50 Bn | 848.00 Mn |
Historic Data
Download 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 |