Sony Pixel Power calrec Sony

L3Harris Technologies Reports First Quarter 2025 Results, Updates 2025 Guidance

24/04/2025

Highlights*

Revenue of $5.1 billion

Operating margin of 10.2%; Adjusted segment operating margin of 15.6%

Diluted EPS of $2.04; Non-GAAP diluted EPS of $2.41

Repurchased $569 million of shares

2025 guidance updated for divestiture, strong Q1 performance and a solid outlook

MELBOURNE, Fla., April 24, 2025 - L3Harris Technologies (NYSE: LHX) reported first quarter 2025 diluted EPS of $2.04 on first quarter 2025 revenue of $5.1 billion. First quarter 2025 non-GAAP diluted EPS was $2.41. Reconciliations of non-GAAP results are detailed in tables beginning on page 10 in the PDF version of the release linked below.

We're building on our momentum with a strong start to the year, driven by solid operational execution and program performance, leading to continued expansion in adjusted segment operating margin. We continue to see demand for our solutions, reflecting our alignment with key national security priorities. Our capital deployment strategy remains clear, returning nearly $800 million in the quarter to shareholders through dividends and share repurchases, and increasing our dividend for the 24th consecutive year. As we work toward our 2026 financial framework, we remain confident in our ability to meet our targets and drive long-term, profitable growth, said Christopher E. Kubasik, Chair and CEO.

Kubasik added, We are well-positioned to support the new administrations evolving defense priorities, with strategic partnerships at the core of our Trusted Disruptor strategy. Our partners recognize our speed and agility and together we are focused on rapidly delivering mission-critical solutions for our customers. Based on our first quarter performance and the completion of the Commercial Aviation Solutions divestiture, we are updating our guidance while reaffirming our free cash flow commitment.

Forward-Looking Statements

This earnings release contains forward-looking statements within the meaning of federal securities laws made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Examples include, but are not limited to: share repurchases; divestiture and realignment impacts; 2025 guidance; 2026 financial framework; anticipated LHX NeXt initiative costs and savings targets; supplemental information for 2025; projection of other financial items; and assumptions underlying any of the foregoing. Investors should not place undue reliance on forward-looking statements, which reflect management's current expectations, estimates, projections, assumptions and information currently available to management, and are not guarantees of future performance or actual results. Important risks that could cause our results to differ materially from those expressed in or implied by these forward-looking statements or from our historical results include, but are not limited to, risks arising from: competitive markets; U.S. Government spending priorities; changes in contract mix; inflation; tariffs and potential trade disputes; unilateral contract action by the U.S. Government; uncertain economic conditions; future geo-political events; supply chain disruptions; impacts of LHX NeXt; indebtedness; defined benefit plan liabilities and returns; interest rates and other market factors; changes in effective tax rate or additional tax exposures; pending and contemplated divestitures. These and other important risks that could impact forward-looking statements are described more fully in the Risk Factors in our Form 10-K for fiscal 2024 filed with the SEC. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are qualified by the cautionary statements in this section, and we have no duty to and disclaim any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events or developments or otherwise.

*Adjusted segment operating margin and non-GAAP diluted EPS are non-GAAP financial measures defined on page 16 in the PDF version of the release linked below.

View full release PDF with tables
LINK: https://www.l3harris.com/newsroom/press-release/2025/04/l3harris-techn...
See more stories from harris

Most recent headlines

05/01/2027

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be demoed at CES 2026

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...

01/06/2026

Dolby Sets the New Standard for Premium Entertainment at CES 2026

January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026 Throughout the week, Dolby brings to life the latest innovatio...

02/05/2026

Dalet Flex LTS Delivers Smarter Search, Faster Editing, and an AI-Ready Foundation for Modern Media

Dalet, a leading technology and service provider for media-rich organizations, t...

01/05/2026

NBCUniversal's Peacock to Be First Streamer to Integrate Dolby's Full Suite of Premium Picture and Sound Innovations

January 5 2026, 18:30 (PST) NBCUniversal's Peacock to Be First Streamer to ...

01/04/2026

DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION

January 4 2026, 18:00 (PST) DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION Douyin Users Can Now Create And Share Videos With Stun...

03/03/2026

Long-Awaited ATSC 3.0 Rulemaking Overshadows NAB Show Expectations

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

Audio Tech at NAB Show: Are We in the Second Wave' of IP?

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

IP's Impact on Imaging Tech on Full Display at NAB Show

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

Live Production Over IP in 2026: Software-Defined Everything

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

NAB Show Leverages Revitalized LVCC To Reflect M&E Transformation

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

Home Post Production Strengthens Factual and Natural Hist...

Home Post Production has further expanded its factual, unscripted, and entertainment capabilities with the acquisition of Picture Shop Bristol, a leading post h...

03/03/2026

Full Year 2025 Results

Luxembourg, 2 March 2026 -- SES S.A. fully consolidates Intelsat from 17 July 2025 and announces financial results for the year ended 31 December 2025 FY25 Pe...

03/03/2026

Iyuno Taps Dante AV to Sync Audio and Video Content

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

HBO Max and Paramount+ Streamers to Merge

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

Survey: 70% of CTV Advertisers Plan to Boost Spending in 2026

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

XGN Global, X1 Mobile Show New 5G Broadcast Smartphone

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

Scripps Completes Sale of WFTX to Sun Broadcasting

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

HbbTV Association Formally Integrates DRM into Core Specification

Share Copy link Facebook X Linkedin Bluesky Email...

03/03/2026

RT Media Sales: Spry Finance renews Marty In The Morning lyric fm sponsorship for a fourth year

RT Media Sales has announced Spry Finance has renewed it's sponsorship of M...

02/03/2026

NBC Sports Selected Imaginary Forces to Create Cinematic Main Title Sequence for Primetime In Milan

NBC Sports selected Imaginary Forces to create the main title sequence for the M...

02/03/2026

NFL Launches Draft-Inspired Innovation Challenge to Advance Future of Fan and Event Technology

The NFL announces the launch of the NFL Draft Innovation Challenge, a new crowds...

02/03/2026

DataMiner SatOps Named Finalist for 2026 Teleport Technology of the Year

The World Teleport Association (WTA) has named Skyline Communications' DataMiner SatOps solution as a finalist for the 2026 Teleport Technology of the Year ...

02/03/2026

Ventum Tech Partners with Pixotope to Expand Virtual Production Capabilities Across the GCC

Ventum Tech announces a strategic partnership with Pixotope, a real-time graphic...

02/03/2026

Victory+ Launches NWSL Content Hub, Taps Top Creators to Redefine How Fans Connect with League

Victory , a free, ad-supported sports streaming service, announces the launch of...

02/03/2026

Global powerhouse Delta Goodrem to represent Australia at this year's Eurovision Song Contest in Vienna, Austria

Global powerhouse Delta Goodrem to represent Australia at this year's Eurovi...

02/03/2026

SBS brings together prominent voices to discuss rising social division and seek solutions for a more inclusive country

SBS brings together prominent voices to discuss rising social division and seek ...

02/03/2026

NITV Unveils Wednesday Night Sport Night

NITV Unveils Wednesday Night Sport Night Media releases A Midweek Hub for Blak Sport Flagship NRL program Over The Black Dot moves to Wednesdays at 9:30pm ...

02/03/2026

Rohde & Schwarz demonstrates FR1-FR3 carrier aggregation, advancing 6G readiness

Rohde & Schwarz demonstrates FR1-FR3 carrier aggregation, advancing 6G readiness Rohde & Schwarz and Qualcomm Technologies, Inc. have reached another pivotal ...

02/03/2026

L3Harris Appoints Ken Sharp Senior Vice President and Chief Financial Officer, Ken Bedingfield President of Missile Solutions

MELBOURNE, Fla., March 2, 2026 - L3Harris Technologies (NYSE: LHX) today announc...

02/03/2026

Nielsen reveals New Zealand's top ad spenders and categories for 2025

Harvey Norman tops New Zealand's biggest ad spenders as retail leads and telcos and beverages sure Auckland March 3, 2026 - Nielsen's New Zealand'...

02/03/2026

aconnic and Arqit join forces to present the first quantum-safe industrial OT security gateway firewall at Mobile World Congress 2026

aconnic AG (ISIN: DE000A0LBKW6), Munich, and Arqit Quantum Inc. (Nasdaq: ARQQ, A...

02/03/2026

Advanced Systems Group Promotes Jody Boatwright to Chief...

Advanced Systems Group, LLC (ASG), a technology and services provider for media creatives and content owners, has appointed Jody Boatwright as Chief Strategy Of...

02/03/2026

Lightware TPN ecosystem powers smarter networks and strea...

Lightware, an industry leader in signal management, is reinforcing its commitment to simplifying complex AV environments with the continued evolution of its TPN...

02/03/2026

ZEISS Cinema Hosts First US Aatma Lens Demo Event in LA

ZEISS Cinema opens its doors to an exclusive screening, filmmakers Q&A and hands-on showcase of the new ZEISS Aatma lens family on Tuesday, March 10, 6:00-9:00 ...

02/03/2026

DoPchoice Introduces SNAPBAG Round for the New Astera Qui...

To expand the creative potential of the compact Astera QuikBeam, DoPchoice introduces the SNAPBAG Round. The new light-shaping accessory transforms the powerfu...

02/03/2026

Douglas Dubler Master of Light - Five Decades Shooting w...

Douglas Dubler On a rooftop in New York City, veteran photographer Douglas Dubler watched the sun's angle shift across the urban landscape, his internal cl...

02/03/2026

ZEISS Expands Otus ML Lineup with the New 1435

ZEISS is expanding its Otus ML lens family with the introduction of the new ZEISS Otus ML 1.4/35. This manual-focus lens is designed for photographers who live ...

02/03/2026

Matthews Intros White FlexiMount and Phone Mount Kit by D...

Matthews Studio Equipment now offers the new Dinkum Systems White FlexiMount and Phone Mount Kit, a compact, highly adaptable setup for mobile content creation...

02/03/2026

SES and Africa Mobile Network Reach Milestone: Connecting 5.8 Million in DRC, Expanding Rural Coverage

Luxembourg, February 26, 2026 - SES and Africa Mobile Network (AMN) have expande...

02/03/2026

Ausfilm and Screen Australia launch joint UK market initiative

02 03 2026 - Media release Ausfilm and Screen Australia launch joint UK market initiative Ausfilm and Screen Australia have announced Partner with Australia (...

02/03/2026

Saturday Night Live UK announces writing team

Monday 2 March 2026 Saturday Night Live UK announces writing team L-R: Jonno Johnson; Charlie Skelton; Celya AB; Omar Badawy; Gr inne Maguire; Laura Claxton; ...

02/03/2026

Netflix Unveils the Trailer for '53 Sundays', the New Film by Cesc Gay

Back to All News Netflix Unveils the Trailer for 53 Sundays, the New Film by Cesc Gay Entertainment 02 March 2026 GlobalSpain Link copied to clipboard Dis...

28/02/2026

FOX Sports Waves Green Flag on 2026 IndyCar Season With Driver's Eye, Heads Up Display, Live Drones

With two features seen in Formula 1 coverage, the broadcaster aims to bring view...

28/02/2026

Secretary of War Pete Hegseth Visits L3Harris Solid Rocket Motor Site

Secretary of War Pete Hegseth addresses a crowd of approximately 1,500 L3Harris employees in Camden, Arkansas, as part of his Arsenal of Freedom tour....

28/02/2026

2026 NAB Show Expands Sports Summit to Four Days

Share Copy link Facebook X Linkedin Bluesky Email...

28/02/2026

Three TV5Monde FAST Channels Launch on Plex

Share Copy link Facebook X Linkedin Bluesky Email...

28/02/2026

Nielsen Introduces 200+ New Advanced Audience Segments

Share Copy link Facebook X Linkedin Bluesky Email...

28/02/2026

SBE Launches Annual Membership Drive

Share Copy link Facebook X Linkedin Bluesky Email...

28/02/2026

Gray's Fox 12 Inks Deal for Portland Fire And Portland Thorns Games

Share Copy link Facebook X Linkedin Bluesky Email...