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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 Income Statement

Millions USD. Fiscal year is Jan - Dec.
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
Revenue
20,71120,06318,02120,32118,60918,15517,96318,62217,10418,12217,19518,87416,87816,69315,12618,99116,58315,44614,96417,729
Revenue Growth (YoY)
11.30%10.51%0.32%9.12%8.80%0.18%4.47%-1.33%1.34%8.56%13.68%-0.62%1.78%8.07%1.08%7.12%3.46%-9.30%-7.96%4.09%
Cost of Revenue
18,27517,61715,94317,99916,36917,35515,64017,93214,98715,90515,20216,48714,83014,60313,08016,58914,46313,49013,05515,307
Gross Profit
2,4362,4462,0782,3222,2408002,3236902,1172,2171,9932,3872,0482,0902,0462,4022,1201,9561,9092,422
Selling, General & Admin
818080482999998-90-16-15-16-125-124-126-124-135-1381,304-166-105
Other Operating Expenses
-7-33159-40-14-4920-18-8-212221-2593811-2-2429
Operating Expenses
744795491598549-70-34-23-37-103-103-151-115-97-1271,302-190-76
Operating Income
2,3622,3991,9831,8312,1817152,2747602,1512,2402,0302,4902,1512,2412,1612,4992,2476542,0992,498
Interest Expense
-264-266-269-290-286-274-268-264-256-261-255-254-237-223-202-202-145-141-135-146
Earnings From Equity Investments
---18---2651015201520-29505-62
Other Non Operating Income (Expenses)
744560-83434230-2518374521378612-27-45-6-9
EBT Excluding Unusual Items
2,1722,1781,7741,4761,9384832,0364971,9182,0261,8352,2771,9662,0461,9652,3382,1254731,9582,405
Merger & Restructuring Charges
------------92----100----
Gain (Loss) on Sale of Investments
---55---22-9--40-13-4029-48-26-14310385
Asset Writedown
------66----87----------
Pretax Income
2,1722,1781,7741,5311,9384172,0365191,9181,9481,8352,1451,9532,0061,9942,1902,0993302,0612,490
Income Tax Expense
32734228618731975324-829530729027926932530527832121328441
Earnings From Continuing Operations
1,8451,8361,4881,3441,6193421,7125271,6231,6411,5451,8661,6841,6811,6891,9121,7783091,7332,049
Net Income
1,8451,8361,4881,3441,6193421,7125271,6231,6411,5451,8661,6841,6811,6891,9121,7783091,7332,049
Net Income to Common
1,8451,8361,4881,3441,6193421,7125271,6231,6411,5451,8661,6841,6811,6891,9121,7783091,7332,049
Net Income Growth (YoY)
13.96%436.84%-13.08%155.03%-0.25%-79.16%10.81%-71.76%-3.62%-2.38%-8.53%-2.41%-5.29%444.01%-2.54%-6.69%189.58%-82.97%-5.66%14.34%
Shares Outstanding (Basic)
231230230231232234234236238239241245249253255257264266268273
Shares Outstanding (Diluted)
232231231232233234235237239240242246250254256258265267269274
Shares Change (YoY)
-0.56%-1.37%-1.79%-2.15%-2.43%-2.21%-2.61%-3.70%-4.64%-5.52%-5.51%-4.72%-5.62%-4.91%-5.01%-5.76%-4.40%-4.20%-3.86%-2.46%
EPS (Basic)
8.007.986.475.826.981.467.302.236.836.876.427.616.756.656.637.446.731.166.467.50
EPS (Diluted)
7.977.946.445.806.951.467.282.226.806.856.397.586.736.636.617.406.711.166.447.47
EPS Growth (YoY)
14.68%443.84%-11.54%161.03%2.21%-78.69%13.93%-70.70%1.04%3.32%-3.33%2.45%0.30%471.55%2.64%-0.89%203.62%-82.21%-1.83%17.09%

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
Free Cash Flow
2,9992,917-2912,7563,347-1509554412,0831,5061,2571,6612,5277711,2701,2352,7281,0271,1423,661
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
Dividend Per Share
3.4503.4503.4503.4503.3003.3003.3003.3003.1503.1503.1503.1503.0003.0003.0003.0002.8002.8002.8002.800
Dividend Growth (YoY)
4.54%4.54%4.54%4.54%4.76%4.76%4.76%4.76%5.00%5.00%5.00%5.00%7.14%7.14%7.14%7.14%7.69%7.69%7.69%7.69%
Gross Margin
11.76%12.19%11.53%11.43%12.04%4.41%12.93%3.71%12.38%12.23%11.59%12.65%12.13%12.52%13.53%12.65%12.78%12.66%12.76%13.66%
Operating Margin
11.40%11.96%11.00%9.01%11.72%3.94%12.66%4.08%12.58%12.36%11.81%13.19%12.74%13.43%14.29%13.16%13.55%4.23%14.03%14.09%
Profit Margin
8.91%9.15%8.26%6.61%8.70%1.88%9.53%2.83%9.49%9.05%8.98%9.89%9.98%10.07%11.17%10.07%10.72%2.00%11.58%11.56%
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%
EBITDA
2,7872,7992,3811,9012,6091,1142,6718732,5412,5992,3812,6482,5012,5752,4862,6852,5409972,4282,688
EBITDA Margin
13.46%13.95%13.21%9.35%14.02%6.14%14.87%4.69%14.86%14.34%13.85%14.03%14.82%15.43%16.43%14.14%15.32%6.46%16.23%15.16%
D&A For EBITDA
42540039870428399397113390359351158350334325186293343329190
EBIT
2,3622,3991,9831,8312,1817152,2747602,1512,2402,0302,4902,1512,2412,1612,4992,2476542,0992,498
EBIT Margin
11.40%11.96%11.00%9.01%11.72%3.94%12.66%4.08%12.58%12.36%11.81%13.19%12.74%13.43%14.29%13.16%13.55%4.23%14.03%14.09%
Effective Tax Rate
15.05%15.70%16.12%12.21%16.46%17.99%15.91%-15.38%15.76%15.80%13.01%13.77%16.20%15.30%12.69%15.29%6.36%15.92%17.71%
Revenue as Reported
20,71120,06318,02120,32118,60918,15517,96318,62217,10418,12217,19518,87416,87816,69315,12618,99116,58315,44614,96417,729
SEC Filings: 10-K · 10-Q