L3Harris Technologies Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of L3Harris Technologies Inc (LHX). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| SAS | $6.32B 35.0% | $6.38B 37.1% · +1.1% | $6.86B 35.0% · +7.4% | $6.87B 31.9% · +0.2% | $6.95B 31.4% · +1.1% |
| IMS | $6.73B 37.4% | $6.63B 38.5% · -1.6% | $6.45B 32.9% · -2.7% | $6.62B 30.7% · +2.7% | $6.63B 30.0% · +0.2% |
| CS | $4.29B 23.8% | $4.22B 24.5% · -1.6% | $5.07B 25.8% · +20.2% | $5.46B 25.4% · +7.7% | $5.67B 25.7% · +3.9% |
| AR | $0 0.0% | $0 0.0% | $1.24B 6.3% | $2.58B 12.0% · +107.6% | $2.85B 12.9% · +10.3% |
| Other non-reportable businesses | $683.0M 3.8% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| SAS | $782.0M 12.4% | $665.0M 10.4% | $756.0M 11.0% | – | – |
| IMS | $845.0M 12.6% | $494.0M 7.5% | $443.0M 6.9% | – | – |
| CS | $1.04B 24.3% | $667.0M 15.8% | $1.23B 24.2% | – | – |
| AR | – | – | $138.0M 11.1% | – | – |
| Other non-reportable businesses | $104.0M 15.2% | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| United States | $17.00B 93.4% | $16.23B 91.1% · -4.5% | $15.37B 90.1% · -5.3% | $17.54B 90.3% · +14.1% | $19.61B 92.0% · +11.8% |
| International | $1.20B 6.6% | $1.58B 8.9% · +32.1% | $1.69B 9.9% · +6.9% | $1.88B 9.7% · +11.4% | $1.71B 8.0% · -9.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Product | $13.58B 74.6% | $13.16B 73.9% · -3.1% | $12.10B 70.9% · -8.0% | $13.69B 70.5% · +13.2% | $15.13B 71.0% · +10.5% | $15.49B 70.8% · +2.3% |
| Services | $4.61B 25.4% | $4.66B 26.1% · +1.0% | $4.97B 29.1% · +6.6% | $5.73B 29.5% · +15.3% | $6.19B 29.0% · +8.1% | $6.38B 29.2% · +3.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.