Lockheed Martin Corporation (LMT)

Lockheed Martin Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Dec 31, 2025	Sep 28, 2025	Jun 29, 2025	Mar 30, 2025	Dec 31, 2024	Sep 29, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 24, 2023	Jun 25, 2023	Mar 26, 2023	Dec 31, 2022	Sep 25, 2022	Jun 26, 2022	Mar 27, 2022	Dec 31, 2021	Sep 26, 2021	Jun 27, 2021	Mar 28, 2021
Cash & Equivalents	4,121	3,470	1,293	1,803	2,483	3,151	2,523	2,790	1,442	3,551	3,673	2,440	2,547	2,430	1,775	1,883	3,604	2,727	2,745	2,933
Cash & Short-Term Investments	4,121	3,470	1,293	1,803	2,483	3,151	2,523	2,790	1,442	3,551	3,673	2,440	2,547	2,430	1,775	1,883	3,604	2,727	2,745	2,933
Cash Growth	65.97%	10.12%	-48.75%	-35.38%	72.19%	-11.26%	-31.31%	14.34%	-43.38%	46.13%	106.93%	29.58%	-29.33%	-10.89%	-35.34%	-35.80%	14.05%	-23.93%	-3.85%	47.53%
Accounts Receivable	3,901	3,844	3,306	2,024	2,351	2,141	2,930	2,257	2,132	2,405	3,427	2,583	2,505	2,484	3,401	2,527	1,963	2,267	2,611	2,214
Other Receivables	13,001	13,949	14,896	14,677	12,957	14,224	13,907	14,050	13,183	13,605	13,008	13,189	12,318	12,333	11,753	12,130	10,579	12,697	11,425	10,908
Total Trade Receivables	16,902	17,793	18,202	16,701	15,308	16,365	16,837	16,307	15,315	16,010	16,435	15,772	14,823	14,817	15,154	14,657	12,542	14,964	14,036	13,122
Inventory	3,524	3,749	3,699	3,599	3,474	3,234	3,097	3,278	3,132	3,312	3,498	3,471	3,088	3,113	3,431	3,144	2,981	2,903	3,119	3,256
Other Current Assets	815	924	794	698	584	461	510	583	632	449	481	461	533	600	613	706	688	763	774	941
Total Current Assets	25,362	25,936	23,988	22,801	21,849	23,211	22,967	22,958	20,521	23,322	24,087	22,144	20,991	20,960	20,973	20,390	19,815	21,357	20,674	20,252
Net Property, Plant & Equipment	8,875	8,722	8,670	8,713	8,726	8,454	8,394	8,354	8,370	8,046	7,966	7,938	7,975	7,629	7,569	7,561	7,597	7,332	7,290	7,213
Other Intangible Assets	4,304	1,943	2,013	1,952	3,881	1,979	2,040	2,151	2,212	2,274	2,336	2,397	2,459	2,521	2,584	2,644	2,706	2,768	2,849	2,930
Goodwill	11,314	11,313	11,309	11,076	11,067	10,800	10,787	10,789	10,799	10,782	10,795	10,776	10,780	10,764	10,794	10,811	10,813	10,815	10,810	10,799
Other Long-Term Assets	9,985	12,362	12,890	12,127	10,094	11,076	10,888	10,711	10,554	12,242	11,794	11,367	10,675	10,156	9,838	10,104	9,942	9,571	10,476	10,243
Total Assets	59,840	60,276	58,870	56,669	55,617	55,520	55,076	54,963	52,456	56,666	56,978	54,622	52,880	52,030	51,758	51,510	50,873	51,843	52,099	51,437
Accounts Payable	3,630	3,834	3,653	3,821	2,222	3,221	3,282	3,523	2,312	3,817	3,466	3,271	2,117	2,622	2,309	2,599	780	1,520	1,608	1,889
Accrued Expenses	3,184	3,065	2,761	2,391	3,125	3,076	2,871	2,679	3,133	3,139	2,896	2,634	3,075	3,151	2,935	2,671	3,108	3,122	3,029	2,794
Current Portion of Long-Term Debt	1,168	1,669	3,118	1,643	643	142	142	168	168	168	283	115	118	-	-	500	-	6	506	506
Unearned Revenue	11,440	10,259	9,861	9,375	9,795	9,051	9,181	8,745	9,190	7,936	8,184	8,336	8,488	8,059	8,077	7,902	8,107	7,515	7,379	7,255
Other Current Liabilities	3,913	4,147	4,961	3,957	3,635	2,320	3,017	2,584	2,134	2,133	2,875	2,626	2,089	2,515	3,158	2,375	2,002	2,863	2,720	2,273
Total Current Liabilities	23,335	22,974	24,354	21,187	19,420	17,810	18,493	17,699	16,937	17,193	17,704	16,982	15,887	16,347	16,479	16,047	13,997	15,026	15,242	14,717
Long-Term Debt	20,532	20,520	18,520	18,661	19,627	19,179	19,115	19,250	17,291	17,221	17,262	15,485	15,429	11,480	11,644	11,145	11,670	11,668	11,665	11,657
Other Long-Term Liabilities	9,252	10,601	10,662	10,138	10,237	11,331	11,293	11,364	11,393	12,978	12,772	12,509	12,298	12,237	12,203	14,316	14,247	15,518	18,662	18,730
Total Long-Term Liabilities	29,784	31,121	29,182	28,799	29,864	30,510	30,408	30,614	28,684	30,199	30,034	27,994	27,727	23,717	23,847	25,461	25,917	27,186	30,327	30,387
Total Liabilities	53,119	54,095	53,536	49,986	49,284	48,320	48,901	48,313	45,621	47,392	47,738	44,976	43,614	40,064	40,326	41,508	39,914	42,212	45,569	45,104
Common Stock	229	230	232	233	234	236	237	239	240	247	251	254	254	261	264	265	271	274	276	278
Additional Paid-in Capital	14,034	-	-	-	14,551	-	-	-	-	107	-	-	92	-	-	-	94	98	122	65
Accumulated Other Comprehensive Income	-	-8,102	-8,157	-	-	-8,693	-8,769	-8,811	-8,803	-8,146	-8,079	-8,086	-8,023	-8,134	-8,168	-10,979	-11,006	-12,217	-15,837	-16,008
Retained Earnings	-7,542	14,053	13,259	14,773	-8,452	15,657	14,707	15,222	15,398	17,066	17,068	17,478	16,943	19,839	19,336	20,716	21,600	21,476	21,961	21,977
Total Common Shareholders' Equity	6,721	6,181	5,334	6,683	6,333	7,200	6,175	6,650	6,835	9,274	9,240	9,646	9,266	11,966	11,432	10,002	10,959	9,631	6,522	6,312
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	21
Shareholders' Equity	6,721	6,181	5,334	6,683	6,333	7,200	6,175	6,650	6,835	9,274	9,240	9,646	9,266	11,966	11,432	10,002	10,959	9,631	6,530	6,333
Total Liabilities & Equity	59,840	60,276	58,870	56,669	55,617	55,520	55,076	54,963	52,456	56,666	56,978	54,622	52,880	52,030	51,758	51,510	50,873	51,843	52,099	51,437
Total Debt	21,700	22,189	21,638	20,304	20,270	19,321	19,257	19,418	17,459	17,389	17,545	15,600	15,547	11,480	11,644	11,645	11,670	11,674	12,171	12,163
Net Cash (Debt)	-17,579	-18,719	-20,345	-18,501	-17,787	-16,170	-16,734	-16,628	-16,017	-13,838	-13,872	-13,160	-13,000	-9,050	-9,869	-9,762	-8,066	-8,947	-9,426	-9,230
Net Cash Per Share	-75.80	-80.41	-86.83	-78.63	-75.05	-67.77	-69.84	-68.83	-65.08	-55.31	-54.70	-51.47	-50.33	-34.14	-37.00	-36.26	-29.41	-32.27	-33.86	-32.96
Book Value	6,721	6,181	5,334	6,683	6,333	7,200	6,175	6,650	6,835	9,274	9,240	9,646	9,266	11,966	11,432	10,002	10,959	9,631	6,522	6,312
Book Value Per Share	28.98	26.55	22.77	28.40	26.72	30.18	25.77	27.52	27.77	37.07	36.44	37.72	35.87	45.14	42.86	37.15	39.95	34.73	23.43	22.54
Tangible Book Value	-8,897	-7,075	-7,988	-6,345	-8,615	-5,579	-6,652	-6,290	-6,176	-3,782	-3,891	-3,527	-3,973	-1,319	-1,946	-3,453	-2,560	-3,952	-7,137	-7,417
Tangible Book Value Per Share	-38.37	-30.39	-34.09	-26.97	-36.35	-23.38	-27.76	-26.03	-25.10	-15.12	-15.34	-13.79	-15.38	-4.98	-7.30	-12.83	-9.33	-14.25	-25.64	-26.49

Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q