LHX Q1 2024 Earnings — L3Harris Technologies, Inc. Revenue & Financial Results | Market Cap Arena

LHXL3Harris Technologies, Inc.

$68B

Q1 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$5.2B+16.6% YoY

Gross Profit

$1.2B22.1% margin

Operating Income

$418M8.0% margin

Net Income

$283M5.4% margin

EPS (Diluted)

$1.48

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

-$104M

Free Cash Flow

-$219M

Stock-Based Comp.

$96M

Balance Sheet

Total Assets

$41.8B

Total Liabilities

$23.1B

Stockholders' Equity

$18.7B

Cash & Equivalents

$477M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.2B	$4.5B	+16.6%
Gross Profit	$1.2B	$1.2B	-1.3%
Operating Income	$418M	$433M	-3.5%
Net Income	$283M	$337M	-16.0%

Revenue Segments

Space and Airborne Systems

$1.8B33%

Integrated Mission Systems

$1.7B32%

Communication Systems

$1.3B25%

Aerojet Rocketdyne Segment

$542M10%