L3Harris Technologies, Inc. (LHX) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 5.74B | 5.65B | 5.66B | 5.43B | 5.13B | 5.52B | 5.29B | 5.3B | 5.21B | 5.34B | 4.92B | 4.69B |
| Revenue Growth % | 11.93% | 2.26% | 6.93% | 2.4% | -1.52% | 3.43% | 7.67% | 12.91% | 16.55% | 16.64% | 15.76% | 13.49% |
| Cost of Goods Sold | 4.34B | 4.2B | 4.17B | 4.27B | 3.96B | 4.32B | 4.07B | 4.13B | 4.06B | 4.14B | 3.79B | 3.63B |
| COGS % of Revenue | 75.59% | 74.4% | 73.6% | 78.66% | 77.14% | 78.22% | 76.85% | 78% | 77.91% | 77.62% | 77.17% | 77.26% |
| Gross Profit | 1.4B | 1.45B | 1.49B | 1.16B | 1.17B | 1.2B | 1.23B | 1.17B | 1.15B | 1.2B | 1.12B | 1.07B |
| Gross Margin % | 24.41% | 25.6% | 26.4% | 21.34% | 22.86% | 21.78% | 23.15% | 22% | 22.09% | 22.38% | 22.83% | 22.74% |
| Gross Profit Growth % | 19.52% | 20.2% | 21.96% | -0.69% | 1.91% | 0.67% | 9.18% | 9.28% | -1.29% | -5.31% | -6.03% | -13.11% |
| Operating Expenses | 750M | 1.05B | 873M | 574M | 614M | 594M | 705M | 655M | 733M | 638M | 587M | 545M |
| OpEx % of Revenue | 13.06% | 18.64% | 15.43% | 10.58% | 11.96% | 10.76% | 13.32% | 12.36% | 14.07% | 11.95% | 11.94% | 11.61% |
| Selling, General & Admin | 750M | 968M | 873M | 442M | 502M | 196M | 924M | 884M | 970M | 423M | 587M | 545M |
| SG&A % of Revenue | 13.06% | 17.14% | 15.43% | 8.15% | 9.78% | 3.55% | 17.46% | 16.68% | 18.61% | 7.92% | 11.94% | 11.61% |
| Research & Development | 0 | 0 | 137M | 132M | 112M | 142M | 135M | 124M | 114M | 124M | 0 | 0 |
| R&D % of Revenue | - | - | 2.42% | 2.43% | 2.18% | 2.57% | 2.55% | 2.34% | 2.19% | 2.32% | - | - |
| Other Operating Expenses | 0 | 1000K | -1000K | 0 | 0 | 1000K | -1000K | -1000K | -1000K | 1000K | 0 | 0 |
| Operating Income | 652M | 393M | 621M | 584M | 559M | 609M | 520M | 511M | 418M | 557M | 535M | 522M |
| Operating Margin % | 11.35% | 6.96% | 10.97% | 10.76% | 10.89% | 11.03% | 9.83% | 9.64% | 8.02% | 10.43% | 10.88% | 11.12% |
| Operating Income Growth % | 16.64% | -35.47% | 19.42% | 14.29% | 33.73% | 9.34% | -2.8% | -2.11% | -3.46% | -13.64% | 13.11% | 2.35% |
| EBITDA | 934M | 525M | 930M | 887M | 860M | 935M | 844M | 830M | 738M | 907M | 845M | 778M |
| EBITDA Margin % | 16.26% | 9.3% | 16.43% | 16.35% | 16.76% | 16.93% | 15.95% | 15.66% | 14.16% | 16.98% | 17.19% | 16.58% |
| EBITDA Growth % | 8.6% | -43.85% | 10.19% | 6.87% | 16.53% | 3.09% | -0.12% | 6.68% | 8.05% | 2.14% | 19.35% | -13.17% |
| D&A (Non-Cash Add-back) | 282M | 132M | 309M | 303M | 301M | 326M | 324M | 319M | 320M | 350M | 310M | 256M |
| EBIT | 652M | 525M | 719M | 676M | 609M | 648M | 596M | 562M | 466M | 247M | 559M | 483M |
| Net Interest Income | -136M | -143M | -152M | -152M | -150M | -161M | -166M | -172M | -176M | -171M | -159M | -111M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 136M | 143M | 152M | 152M | 150M | 161M | 166M | 172M | 176M | 171M | 159M | 111M |
| Other Income/Expense | -63M | -11M | -54M | -60M | -100M | -122M | -90M | -121M | -128M | -481M | -135M | -150M |
| Pretax Income | 589M | 382M | 567M | 524M | 459M | 487M | 430M | 390M | 290M | 76M | 400M | 372M |
| Pretax Margin % | 10.25% | 6.76% | 10.02% | 9.66% | 8.94% | 8.82% | 8.13% | 7.36% | 5.57% | 1.42% | 8.14% | 7.93% |
| Income Tax | 77M | 82M | 105M | 66M | 73M | 31M | 26M | 23M | 5M | -50M | 18M | 21M |
| Effective Tax Rate % | 13.07% | 21.47% | 18.52% | 12.6% | 15.9% | 6.37% | 6.05% | 5.9% | 1.72% | -65.79% | 4.5% | 5.65% |
| Net Income | 512M | 300M | 462M | 458M | 386M | 453M | 400M | 366M | 283M | 158M | 383M | 349M |
| Net Margin % | 8.91% | 5.31% | 8.16% | 8.44% | 7.52% | 8.2% | 7.56% | 6.91% | 5.43% | 2.96% | 7.79% | 7.44% |
| Net Income Growth % | 32.64% | -33.77% | 15.5% | 25.14% | 36.4% | 186.71% | 4.44% | 4.87% | -16.02% | -62.02% | 227.67% | -25.9% |
| Net Income (Continuing) | 512M | 300M | 462M | 458M | 386M | 456M | 404M | 367M | 285M | 126M | 382M | 351M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | -1M | 65M | 64M | 64M | 64M | 64M | 100M | 103M |
| EPS (Diluted) | 2.72 | 1.59 | 2.46 | 2.44 | 2.04 | 2.37 | 2.10 | 1.92 | 1.48 | 0.83 | 2.01 | 1.84 |
| EPS Growth % | 33.33% | -32.91% | 17.14% | 27.08% | 37.84% | 185.54% | 4.48% | 4.35% | -15.91% | -61.75% | 228.03% | -24.28% |
| EPS (Basic) | 2.74 | 1.60 | 2.47 | 2.45 | 2.05 | 2.38 | 2.11 | 1.93 | 1.49 | 0.83 | 2.02 | 1.84 |
| Diluted Shares Outstanding | 188.24M | 188.2M | 187.8M | 187.8M | 189.1M | 190.6M | 190.5M | 190.6M | 190.8M | 190.6M | 190.1M | 190.1M |
| Basic Shares Outstanding | 186.86M | 187M | 187M | 187M | 188.5M | 189.7M | 189.6M | 189.7M | 189.8M | 189.6M | 189.3M | 189.2M |
| Dividend Payout Ratio | 46.48% | 75% | 48.7% | 49.13% | 59.07% | 48.79% | 55% | 60.38% | 79.15% | 136.71% | 56.4% | 61.89% |