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The financials
L3Harris by the numbers
L3Harris (LHX) reported revenue of $5.88B in Q2 2027 (quarter ended Jul 3, 2026), up 8.4% from the same quarter a year earlier. That came with a gross margin of 26% and net income of $600M (10% of revenue). For the full year FY2026, revenue was $38.1B (+79% year on year) and net income $1.61B. Its largest segment in Q2 2027 was Space Mission Systems at $2.97B, 50% of the disclosed total, ahead of Communications Spectrum Dominance at 33%.
| Income statement | Q2 2027 | Q2 2026 | Change |
|---|---|---|---|
| Revenue | $5.88B | $5.43B | +8.4% |
| Gross profit | $1.50B | $1.33B | +13% |
| Operating income | $654M | $571M | +15% |
| Net income | $600M | $458M | +31% |
| Diluted EPS | $3.13 | $2.44 | +28% |
| Operating | Revenue | Share |
|---|---|---|
| Space Mission Systems | $2.97B | 50% |
| Communications Spectrum Dominance | $1.94B | 33% |
| Missile Solutions | $1.05B | 18% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2027Total $5.96B (+2.2%)
Missile Solutions grew +14% year on yearCommunications Spectrum Dominance +4.4% year on year
Segment Latestyear on year
- Space Mission Systems$2.97B$2.97Byear on year +7.1%+7.1%
- Communications Spectrum Dominance$1.94B$1.94Byear on year +4.4%+4.4%
- Missile Solutions$1.05B$1.05Byear on year +14%+14%
Aerospace & Defense
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