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Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
576.16
-18.88 (-3.17%)
At close: Nov 5, 2026, 4:00 PM EST
572.24
-3.92 (-0.68%)
After-hours: Nov 5, 2026, 7:59 PM EST

Lockheed Martin Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Income
1,8451,8361,4881,3441,6193421,7125271,6231,6411,5451,8661,6841,6811,6891,9121,7783091,7332,049
Depreciation & Amortization
42540039870428399397113390359351158350334325186293343329190
Other Amortization
---393---346---263---253---175
Asset Writedown & Restructuring Costs
-----66---87-92---100----
Stock-Based Compensation
8997838974816048759361447589574361805438
Other Operating Activities
971706-337-5161,0571,597-841-251330178-381-555120118-654-4892571,398-253-92
Change in Accounts Receivable
-601-1,187-1,305891409-1,740-1,393817377-530-992695425-663-949-6337-497-2,1152,422
Change in Inventory
424-160-727225-50-336-125-323-190181-146180186-27-38325318-287-163-78
Change in Accounts Payable
791871,222-303144-1801,680-1,063-82-2491,301-1,5803341801,217-560312-3071,829-751
Change in Unearned Revenue
4931,416-7051,18139860-420744-130436-4451,254-248-152-152429-18175-205592
Change in Income Taxes
-287-60103-155-351-883396545-320341-52-35-46041435-2051317-10
Change in Other Net Operating Assets
-----------------116-116-267
Operating Cash Flow
3,4383,2352203,2193,7282011,4091,0232,4381,8761,6352,3652,8911,1001,5641,9283,1331,3311,4104,268
Operating Cash Flow Growth (YoY)
-7.78%1509.45%-84.39%214.66%52.91%-89.29%-13.82%-56.74%-15.67%70.55%4.54%22.67%-7.72%-17.36%10.92%-54.83%61.75%4.97%-19.34%136.19%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Expenditures
-439-318-511-463-381-351-454-582-355-370-378-704-364-329-294-693-405-304-268-607
Other Investing Activities
-31-31-30-5062-36424-256145-261-34-535-1157-281765
Investing Cash Flow
-470-349-541-513-319-715-430-838-210-372-372-703-398-334-259-808-398-332-251-542

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Long-Term Debt Issued
----------1,980---------
Total Debt Issued
----5361,449-990--1,980--1,975-3,944-2,267--
Long-Term Debt Repaid
---1,000-----------------
Total Debt Repaid
--168-1,000-500--142----168---115-----2,250--
Net Debt Issued (Repaid)
--168-1,000-5005361,307-990--1681,980--1151,975-3,944-17--
Repurchase of Common Stock
----750-1,000-500-750-1,000-850-850-1,000-3,000-1,750-750-500-4,206-1,338-356-2,000-2,087
Common Dividends Paid
-796-796-816-799-765-771-796-778-749-752-780-767-747-758-784-766-739-744-767-762
Other Financing Activities
-3-25-90-6-3-32-113-65-1-1-115-4-3--12825-3-24-113-
Financing Cash Flow
-799-989-1,906-2,055-1,2324-1,659-853-1,600-1,77185-3,771-2,615467-1,412-1,003-2,080-1,107-2,880-2,849

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Cash Flow
2,1691,897-2,2276512,177-510-680-668628-2671,348-2,109-1221,233-107117655-108-1,721877

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
2,9992,917-2912,7563,347-1509554412,0831,5061,2571,6612,5277711,2701,2352,7281,0271,1423,661
Free Cash Flow Growth (YoY)
-10.40%--524.94%60.68%--24.02%-73.45%-17.57%95.33%-1.02%34.49%-7.37%-24.93%11.21%-66.27%68.29%8.11%-22.15%237.42%
Free Cash Flow Margin
14.48%14.54%-1.62%13.56%17.99%-0.83%5.32%2.37%12.18%8.31%7.31%8.80%14.97%4.62%8.40%6.50%16.45%6.65%7.63%20.65%
Free Cash Flow Per Share
12.9612.62-1.2611.8814.38-0.644.061.868.736.295.206.7510.103.044.974.7810.293.854.2413.36
Levered Free Cash Flow
1,5971,878-902.752,8931,529318.63391.752,038920.381,770816.381,5951,4291,1101,150732.631,738600.63596.52,662
Unlevered Free Cash Flow
1,7622,044-734.633,0741,708489.88559.252,2031,0801,933975.751,7531,5771,2501,277858.881,828688.75680.882,753

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash Interest Paid
---1,000---950---832---573---543
Cash Income Tax Paid
---788---1,300---1,800---1,600---1,400
Change in Working Capital
108196-1,4121,839550-2,2848124020-48259497662-1,122147-77744-799-4531,908
SEC Filings: 10-K · 10-Q