LHX Q1 2023 Earnings — L3Harris Technologies, Inc. Revenue & Financial Results | Market Cap Arena

LHXL3Harris Technologies, Inc.

$68B

Q1 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$4.5B+9.0% YoY

Gross Profit

$1.2B26.1% margin

Operating Income

$433M9.7% margin

Net Income

$337M7.5% margin

EPS (Diluted)

$1.76

QoQ Revenue Growth

-2.3%

Cash Flow

Operating Cash Flow

$350M

Free Cash Flow

$279M

Stock-Based Comp.

$80M

Balance Sheet

Total Assets

$35.5B

Total Liabilities

$17.1B

Stockholders' Equity

$18.3B

Cash & Equivalents

$545M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.5B	$4.1B	+9.0%
Gross Profit	$1.2B	$1.2B	-3.7%
Operating Income	$433M	$518M	-16.4%
Net Income	$337M	$475M	-29.1%

Revenue Segments

Integrated Mission Systems

$1.7B38%

Space and Airborne Systems

$1.7B37%

Communication Systems

$1.2B26%