L3Harris said revenue for Q1 2025 was $5,132 million, down 2% from $5,211 million a year earlier. Operating income was $525 million, with an operating margin of 10.2%, and adjusted segment operating margin was 15.6%.

1. 01

   L3Harris said revenue for Q1 2025 was $5,132 million, down 2% from $5,211 million a year earlier. Operating income was $525 million, with an operating margin of 10.2%, and adjusted segment operating margin was 15.6%.

2. 02

   The company said diluted EPS for Q1 was $2.04, compared with $1.48 a year earlier, an increase of 38%. Non-GAAP diluted EPS rose 7% to $2.41, and the company cited higher operating income and lower interest expense from reduced short-term debt balances as factors.

3. 03

   The company said net cash used in operating activities was $(42) million for Q1, less than the $(104) million used a year earlier, and adjusted free cash flow was $(72) million. It said it repurchased $569 million of shares in the quarter and paid $228 million in dividends.

4. 04

   L3Harris updated its 2025 total revenue outlook to $21.4B to $21.7B (previously $21.8B to $22.2B), reflecting the Commercial Aviation Solutions divestiture, among other items. The company also updated its non-GAAP diluted EPS outlook to $10.30 to $10.50 (previously $10.55 to $10.85) and its adjusted free cash flow outlook to $2.4B to $2.5B.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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