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Lockheed Martin Corporation (LMT)
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LMT Income Statement

Revenue, expenses, and profitability analysis

LMT Quarterly Income Statement (USD)

Quarterly ReportTTM
03/29/2026
12/31/2025
09/28/2025
06/29/2025
03/30/2025
12/31/2024
09/29/2024
06/30/2024
7.374B2.078B2.322B2.240B734.000M2.323B690.000M2.117B2.217B
75.115B18.021B20.330B18.609B18.155B17.963B18.622B17.104B18.122B
Cost of Goods Sold
67.732B15.943B17.999B16.369B17.421B15.640B17.932B14.987B15.905B
11.5%11.5%11.4%12.0%4.0%12.9%3.7%12.4%12.2%
Total Operating Expenses
-48.000M15.000M-9.000M-40.000M-14.000M-49.000M-6.000M-23.000M69.000M
665.000M0.00665.000M0.000.000.000.000.000.00
99.000M0.000.000.0099.000M-49.000M0.000.00-15.000M
7.422B2.063B2.331B2.280B748.000M2.372B696.000M2.140B2.148B
11.4%11.4%11.5%12.3%4.1%13.2%3.7%12.5%11.9%
5.660B1.774B1.531B1.938B417.000M2.036B519.000M1.918B1.948B
Interest Income
1.119B269.000M290.000M286.000M274.000M268.000M264.000M256.000M261.000M
Other Income/Expense
-1.762B-289.000M-800.000M-342.000M-331.000M-336.000M-177.000M-222.000M-200.000M
4.793B1.488B1.344B1.619B342.000M1.712B527.000M1.623B1.641B
867.000M286.000M187.000M319.000M75.000M324.000M-8.000M295.000M307.000M
8.3%8.3%6.6%8.7%1.9%9.5%2.8%9.5%9.1%
8.089B2.063B2.284B2.652B1.090B2.701B1.242B2.564B2.568B
EBITDA Margin
11.4%11.4%11.2%14.3%6.0%15.0%6.7%15.0%14.2%
1.290B0.00463.000M428.000M399.000M397.000M459.000M390.000M359.000M
EPS Basic
20.736.475.826.981.467.302.236.836.87
20.656.445.806.951.467.282.226.806.85
Shares Outstanding
229.900M229.900M230.900M231.900M233.500M234.400M236.000M237.500M238.900M
Diluted Shares Outstanding
231.100M231.100M231.900M232.800M234.300M235.300M237.000M238.600M239.600M

LMT Annual Income Statement (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
7.619B6.930B8.479B8.287B9.061B8.654B8.367B7.370B
75.057B71.043B67.571B65.984B67.044B65.398B59.812B53.762B
Cost of Goods Sold
67.429B64.113B59.092B57.697B57.983B56.744B51.445B46.392B
10.2%9.8%12.5%12.6%13.5%13.2%14.0%13.7%
Total Operating Expenses
-112.000M-83.000M-28.000M-61.000M-62.000M10.000M-178.000M36.000M
2.000B1.600B1.500B1.700B1.500B1.300B1.300B1.300B
50.000M137.000M499.000M865.000M1.241B241.000M608.000M777.000M
7.731B7.013B8.507B8.348B9.123B8.644B8.545B7.334B
10.3%9.9%12.6%12.7%13.6%13.2%14.3%13.6%
5.922B6.220B8.098B6.680B7.550B8.235B7.241B5.838B
Interest Income
1.118B1.036B916.000M623.000M569.000M591.000M653.000M668.000M
Other Income/Expense
-1.809B-793.000M-409.000M-1.668B-1.573B-409.000M-1.304B-1.496B
5.017B5.336B6.920B5.732B6.315B6.833B6.230B5.046B
905.000M884.000M1.178B948.000M1.235B1.347B1.011B792.000M
6.7%7.5%10.2%8.7%9.4%10.4%10.4%9.4%
7.754B8.816B10.444B8.707B9.483B10.116B9.083B7.667B
EBITDA Margin
10.3%12.4%15.5%13.2%14.1%15.5%15.2%14.3%
714.000M1.560B1.430B1.404B1.364B1.290B1.189B1.161B
EPS Basic
21.5622.3927.6521.7422.8524.4022.0917.74
21.4922.3127.5521.6622.7724.3021.9517.59
Shares Outstanding
230.900M238.300M250.300M263.700M276.400M280.000M282.000M284.500M
Diluted Shares Outstanding
231.900M239.200M251.200M264.600M277.400M281.200M283.800M286.800M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Lockheed Martin Corporation

Lockheed Martin Corporation stands as a prominent global security and aerospace enterprise, specializing in the comprehensive lifecycle of advanced technological systems. Its expertise spans the research, design, development, manufacturing, integration, and ongoing sustainment of cutting-edge products and services across the world. The company's diverse operations are structured into four key segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics division is responsible for creating and producing leading-edge combat and air mobility aircraft, alongside unmanned aerial vehicles and their related innovations. The Missiles and Fire Control segment delivers sophisticated air and missile defense systems; tactical and precision air-to-ground weapon systems; comprehensive logistics; advanced fire control; mission operations, readiness, engineering support, and integration services; both crewed and uncrewed ground vehicles; and energy management solutions. Within the Rotary and Mission Systems segment, the portfolio includes military and commercial helicopters, naval surface ships, land and sea-based missile defense systems, advanced radar technologies, maritime and airborne mission and combat systems, intricate command and control solutions, cybersecurity services, and simulation and training platforms. The Space division focuses on satellites, space transportation systems, strategic, advanced strike, and defensive missile systems, as well as classified systems and services vital for national security. This segment further enhances situational awareness through network enablement, integrating space and ground-based systems to empower customers in gathering, analyzing, and securely distributing crucial intelligence data. Lockheed Martin primarily serves the United States government, alongside fulfilling foreign military sales facilitated through U.S. government contracts. Established in 1912, the corporation maintains its headquarters in Bethesda, Maryland.

Bethesda, MD
121,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
James D. Taiclet Jr.