LHX Q1 2022 Earnings — L3Harris Technologies, Inc. Revenue & Financial Results | Market Cap Arena

LHXL3Harris Technologies, Inc.

$68B

Q1 2022 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$4.1B-10.2% YoY

Gross Profit

$1.2B29.5% margin

Operating Income

$518M12.6% margin

Net Income

$475M11.6% margin

EPS (Diluted)

$2.44

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

-$16M

Stock-Based Comp.

$83M

Balance Sheet

Total Assets

$34.4B

Total Liabilities

$15.1B

Stockholders' Equity

$19.3B

Cash & Equivalents

$402M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.1B	$4.6B	-10.2%
Gross Profit	$1.2B	$1.4B	-10.6%
Operating Income	$518M	$574M	-9.8%
Net Income	$475M	$468M	+1.5%

Revenue Segments

Integrated Mission Systems

$1.7B42%

Space and Airborne Systems

$1.4B35%

Communication Systems

$963M23%