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| 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 |