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| 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 |