Net income was $1.6 billion. Diluted earnings per share were $8.53. Across the 9 fiscal years shown, revenue grew from $3.9 billion in fiscal 2015 to $21.3 billion in fiscal 2024, about 23.7% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Oct 2, 2026
|
FY 2025
Jan 2, 2026
|
FY 2024
Jan 3, 2025
|
FY 2023
Dec 29, 2023
|
FY 2022
Dec 30, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Jan 1, 2021
|
FY 2020
Jun 28, 2019
|
FY 2018
Jun 29, 2018
|
FY 2016
Jul 1, 2016
|
FY 2015
Jul 3, 2015
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
—
|
—
|
21,325
+9.8%
|
19,419
+13.8%
|
17,062
-4.2%
|
17,814
+161.9%
|
18,194
|
6,801
|
6,182
+4.8%
|
5,992
+54.2%
|
3,885
-22.5%
|
| Cost of revenue |
—
|
—
|
15,801
+10.5%
|
14,306
+17.9%
|
12,135
-2.4%
|
12,438
+178.4%
|
14,306
|
4,467
|
4,066
+5.5%
|
3,832
+61.7%
|
2,370
-28.4%
|
| Gross profit |
—
|
—
|
5,524
+8.0%
|
5,113
+3.8%
|
4,927
-8.4%
|
5,376
+130.3%
|
3,888
|
2,334
|
2,116
+3.4%
|
2,160
+42.6%
|
1,515
-11.0%
|
| Selling, general and administrative |
3,392
+4.3%
|
3,430
-3.9%
|
3,568
+7.7%
|
3,313
+10.5%
|
2,998
-8.6%
|
3,280
-1.1%
|
3,315
|
—
|
—
|
—
|
—
|
| Operating income |
2,485
+8.7%
|
2,110
+10.0%
|
1,918
+34.5%
|
1,426
+26.5%
|
1,127
-46.6%
|
2,109
|
—
|
—
|
1,122
|
—
|
—
|
| Pretax income |
2,424
+19.0%
|
1,932
+21.0%
|
1,597
+30.8%
|
1,221
-4.1%
|
1,273
-44.2%
|
2,283
+105.1%
|
1,322
|
1,113
|
908
+2.1%
|
884
+123.2%
|
396
-50.2%
|
| Income tax |
380
+38.2%
|
326
+283.5%
|
85
+269.6%
|
23
-89.2%
|
212
-51.8%
|
440
+175.0%
|
234
|
160
|
206
-21.1%
|
273
+150.5%
|
109
-57.4%
|
| Net income |
2,044
+16.2%
|
1,606
+6.9%
|
1,502
+22.4%
|
1,227
+15.5%
|
1,062
-42.5%
|
1,846
+94.5%
|
1,119
|
949
|
699
|
324
-3.0%
|
334
-37.6%
|
| Basic EPS |
10.96
+17.3%
|
8.57
+8.3%
|
7.91
+22.3%
|
6.47
+16.8%
|
5.54
-39.6%
|
9.17
+14.2%
|
5.23
|
8.03
|
5.88
+33.0%
|
2.61
-17.1%
|
3.15
-37.0%
|
| Diluted EPS |
10.90
+17.2%
|
8.53
+8.4%
|
7.87
+22.2%
|
6.44
+17.3%
|
5.49
-39.6%
|
9.09
+15.6%
|
5.19
|
7.86
|
5.76
+32.1%
|
2.59
-16.7%
|
3.11
-37.2%
|
| Weighted average shares, basic |
187
-0.9%
|
187
-1.3%
|
190
+0.1%
|
190
-1.1%
|
192
-4.7%
|
201
+70.6%
|
214
|
118
|
119
-3.3%
|
—
|
—
|
| Weighted average shares, diluted |
188
-0.8%
|
188
-1.2%
|
191
+0.1%
|
191
-1.5%
|
194
-4.8%
|
203
+68.6%
|
216
|
120
|
121
-2.6%
|
125
+17.0%
|
107
-0.5%
|
| Other measures | |||||||||||
| Depreciation and amortization |
1,148
-7.3%
|
1,224
-5.0%
|
1,289
+10.5%
|
1,166
+24.3%
|
938
-3.0%
|
967
+274.8%
|
258
|
258
|
259
-16.7%
|
361
+48.0%
|
244
+19.6%
|
| EBITDA |
3,633
+3.1%
|
3,334
+4.0%
|
3,207
+23.7%
|
2,592
+25.5%
|
2,065
-32.9%
|
3,076
|
—
|
—
|
1,381
|
—
|
—
|
| Interest coverage |
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
6.60x
|
—
|
—
|
| Margins | |||||||||||
| Gross margin |
—
|
—
|
25.90%
|
26.33%
|
28.88%
|
30.18%
|
21.37%
|
34.32%
|
34.23%
|
36.05%
|
39.00%
|
| Operating margin |
—
|
—
|
8.99%
|
7.34%
|
6.61%
|
11.84%
|
—
|
—
|
18.15%
|
—
|
—
|
| Pretax margin |
—
|
—
|
7.49%
|
6.29%
|
7.46%
|
12.82%
|
7.27%
|
16.37%
|
14.69%
|
14.75%
|
10.19%
|
| Profit margin |
—
|
—
|
7.04%
|
6.32%
|
6.22%
|
10.36%
|
6.15%
|
13.95%
|
11.31%
|
5.41%
|
8.60%
|
| EBITDA margin |
—
|
—
|
15.04%
|
13.35%
|
12.10%
|
17.27%
|
—
|
—
|
22.34%
|
—
|
—
|
| Effective tax rate |
15.68%
|
16.87%
|
5.32%
|
1.88%
|
16.65%
|
19.27%
|
17.70%
|
14.38%
|
22.69%
|
30.88%
|
27.53%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys (SIC 3812)
- Listed as
- LHX (NYSE)
- Fiscal year ends
- January 2
- Incorporated in
- DE
- Headquarters
- Melbourne, FL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 202058
- Former names
- HARRIS CORP /DE/ (until Jun 25, 2019)
Other Search, Detection, Navigation, Guidance, Aeronautical Sys companies
- Northrop Grumman Corp /DE/ NOC
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All 13 Search, Detection, Navigation, Guidance, Aeronautical Sys companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.