L3Harris Technologies, Inc. (LHX) quarterly cash flow statement — complete operating, investing & financing history
L3Harris Technologies, Inc. (LHX) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 1.44B | 879M | -95M | 1.96B | 546M | 640M | -42M | 1.13B | 780M | 754M | -104M | 789M | 543M | 414M | 350M | 782M | 588M | 749M | 39M | 822M |
| Operating CF Margin % | 23.75% | 14.95% | -1.65% | 34.74% | 9.65% | 11.8% | -0.82% | 20.44% | 14.74% | 14.23% | -2% | 14.78% | 11.05% | 8.82% | 7.83% | 17.08% | 13.85% | 18.11% | 0.95% | 18.9% |
| Operating CF Growth % | 163.55% | 37.34% | -126.19% | 73.78% | -30% | -15.12% | 59.62% | 43.09% | 43.65% | 82.13% | -129.71% | 0.9% | -7.65% | -44.73% | 797.44% | -4.87% | 21.49% | 4.03% | -94.1% | 17.77% |
| Net Income | 632M | 600M | 512M | 300M | 462M | 458M | 386M | 456M | 404M | 366M | 283M | 158M | 382M | 351M | 339M | 417M | -301M | 470M | 475M | 484M |
| Depreciation & Amortization | 267M | 288M | 282M | 311M | 309M | 303M | 301M | 326M | 324M | 319M | 320M | 350M | 310M | 256M | 250M | 241M | 232M | 233M | 232M | 244M |
| Stock-Based Compensation | -1M | 73M | 21M | 30M | 99M | 97M | 19M | 86M | 80M | 27M | 96M | 81M | 73M | 86M | 80M | 72M | 71M | 99M | 83M | 83M |
| Deferred Taxes | 63M | 63M | 119M | 55M | 245M | -5M | -89M | -46M | 467M | -136M | -111M | -146M | -34M | -128M | -115M | -142M | -128M | -164M | -162M | -12M |
| Other Non-Cash Items | -45M | -148M | 132M | 65M | -50M | -132M | -16M | -108M | -114M | 2M | -70M | 275M | -130M | -43M | -122M | -86M | 650M | -122M | -102M | -252M |
| Working Capital Changes | 523M | 3M | -1.16B | 1.2B | -519M | -81M | -643M | 415M | -381M | 176M | -622M | 71M | -58M | -108M | -82M | 280M | 64M | 233M | -487M | 275M |
| Change in Receivables | 369M | -262M | -551M | 131M | 89M | -150M | -867M | 143M | -19M | 143M | -333M | 269M | 158M | -153M | 48M | -117M | 53M | 93M | -239M | -16M |
| Change in Inventory | -6M | -38M | -17M | 64M | -33M | -6M | 92M | 50M | 40M | 27M | -21M | 13M | -96M | -13M | -86M | 47M | -98M | -151M | -108M | 40M |
| Change in Payables | 106M | 158M | -527M | 568M | -131M | -14M | 52M | -45M | 155M | -209M | 9M | 105M | -41M | -67M | 90M | -132M | 356M | -1M | -43M | 160M |
| Cash from Investing | -181M | -114M | -97M | -130M | -129M | -78M | 744M | -112M | -93M | 58M | -116M | -83M | -4.86B | -26M | -2.05B | -62M | -67M | -57M | -64M | -6M |
| Capital Expenditures | -179M | -108M | -99M | -158M | -119M | -88M | -59M | -118M | -78M | -97M | -115M | -137M | -148M | -93M | -71M | -71M | -64M | -62M | -55M | -135M |
| CapEx % of Revenue | 2.95% | 1.84% | 1.72% | 2.8% | 2.1% | 1.62% | 1.15% | 2.14% | 1.47% | 1.83% | 2.21% | 2.57% | 3.01% | 1.98% | 1.59% | 1.55% | 1.51% | 1.5% | 1.34% | 3.1% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115M | 0 | 158M | 0 | 56M | -4.72B | 67M | -1.98B | 4M | -14M | -19M | -9M | 131M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 548M | -6M | -5M | 28M | -10M | 10M | 803M | -109M | -15M | -3M | -1M | -2M | 1M | -1.91B | 1M | 5M | 11M | 24M | 0 | -2M |
| Cash from Financing | -309M | 167M | -284M | -1.11B | -560M | -610M | -805M | -915M | -709M | -744M | 144M | -660M | 4.46B | -567M | 1.36B | -385M | -392M | -661M | -513M | -1B |
| Debt Issued (Net) | -3M | -356M | 244M | -729M | -263M | -156M | 15M | -670M | -341M | -454M | 588M | 1.59B | 4.67B | -804M | 1.99B | -3M | -4M | 1M | -4M | 0 |
| Equity Issued (Net) | -73M | 744M | -296M | -156M | -176M | -253M | -569M | -42M | -79M | -124M | -233M | 6M | 5M | -120M | -396M | -166M | -171M | -421M | -308M | -800M |
| Dividends Paid | -234M | -232M | -238M | -225M | -225M | -225M | -228M | -221M | -220M | -221M | -224M | -216M | -216M | -216M | -220M | -214M | -215M | -217M | -218M | -199M |
| Share Repurchases | -73M | -229M | -296M | -156M | -176M | -253M | -569M | -42M | -190M | -89M | -233M | 0 | 0 | -122M | -396M | -183M | -171M | -421M | -308M | -800M |
| Other Financing | 1M | 11M | 6M | 3M | 104M | 24M | -23M | 18M | -69M | 55M | 13M | -2.04B | 4M | 573M | -16M | -2M | -2M | -24M | 17M | -1M |
| Net Change in Cash | 950M | 931M | -479M | 730M | -143M | -35M | -98M | 76M | -8M | 70M | -83M | 61M | 133M | -179M | -335M | 351M | 109M | 18M | -539M | -185M |
| Free Cash Flow | 1.26B | 771M | -194M | 1.8B | 427M | 552M | -101M | 1.01B | 702M | 657M | -219M | 652M | 395M | 321M | 279M | 711M | 524M | 687M | -16M | 687M |
| FCF Margin % | 20.79% | 13.11% | -3.38% | 31.94% | 7.55% | 10.17% | -1.97% | 18.31% | 13.27% | 12.4% | -4.2% | 12.21% | 8.04% | 6.84% | 6.24% | 15.53% | 12.34% | 16.61% | -0.39% | 15.79% |
| FCF Growth % | 195.08% | 39.67% | -92.08% | 78.44% | -39.17% | -15.98% | 53.88% | 55.06% | 77.72% | 104.67% | -178.49% | -8.3% | -24.62% | -53.28% | 1843.75% | 3.49% | 29.38% | 4.25% | -102.69% | 31.11% |
| FCF per Share | 6.74 | 4.10 | -1.03 | 9.59 | 2.27 | 2.94 | -0.53 | 5.30 | 3.69 | 3.45 | -1.15 | 3.42 | 2.08 | 1.69 | 1.46 | 3.70 | 2.74 | 3.54 | -0.08 | 3.49 |
| FCF Conversion (FCF/Net Income) | 2.28x | 1.47x | -0.19x | 6.54x | 1.18x | 1.40x | -0.11x | 2.49x | 1.95x | 2.06x | -0.37x | 4.99x | 1.42x | 1.19x | 1.04x | 1.88x | -1.96x | 1.59x | 0.08x | 1.70x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |