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Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
535.00
+1.54 (0.29%)
Sep 16, 2026, 10:14 AM EDT - Market open

Lockheed Martin Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
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 Sep '21
Revenue
77,01475,10675,04873,34971,84471,81171,04371,29571,06969,64067,57167,68867,39366,14665,98464,72264,16765,75067,04466,347
Revenue Growth (YoY)
7.20%4.59%5.64%2.88%1.09%3.12%5.14%5.33%5.46%5.28%2.40%4.58%5.03%0.60%-1.58%-2.45%-3.96%-0.39%2.52%3.27%
Cost of Revenue
67,92867,66667,36367,29665,91464,46464,02662,58162,42461,12259,00059,10258,73557,62257,59756,31555,57856,96657,94757,431
Gross Profit
9,0867,4407,6856,0535,9307,3477,0178,7148,6458,5188,5718,5868,6588,5248,3878,4078,5898,7849,0978,916
Selling, General & Admin
74176077820691-23-137-172-280-391-499-509-5239078658952,5921,1811,2411,286
Other Operating Expenses
-39-20-84-78-61-55-27-2514-181228188653443673549
Operating Expenses
70274069412830-78-164-197-266-409-487-481-5059939189392,6281,1881,2761,335
Operating Income
8,3846,7006,9915,9255,9007,4257,1818,9118,9118,9279,0589,0679,1637,5317,4697,4685,9617,5967,8217,581
Interest Expense
-1,111-1,119-1,118-1,092-1,062-1,049-1,036-1,026-1,007-969-916-864-772-690-623-567-563-564-569-572
Earnings From Equity Investments
28282831314156506055404984114114147929797153
Other Non Operating Income (Expenses)
656232907969841301351117263-1-54-66-87-73-29-28-32
EBT Excluding Unusual Items
7,3665,6715,9334,9544,9486,4866,2858,0658,0998,1248,2548,3158,4746,9016,8946,9615,4177,1007,3217,130
Merger & Restructuring Charges
--------92-92-92-92-100-100-100-100----36-63
Gain (Loss) on Sale of Investments
5555552282222-40-39-93-64-72-85-188-11419143300265180
Asset Writedown
--66-66-66-66-87-87-87-87-----------
Pretax Income
7,4215,6605,9224,9104,8906,4216,2207,8467,8817,9398,0988,1438,2896,6136,6806,9805,5607,4007,5507,247
Income Tax Expense
1,1348679057106869188841,1711,1451,1631,1781,1771,2299259481,1118551,1891,2351,189
Earnings From Continuing Operations
6,2874,7935,0174,2004,2045,5035,3366,6756,7366,7766,9206,9667,0605,6885,7325,8694,7056,2116,3156,058
Net Income
6,2874,7935,0174,2004,2045,5035,3366,6756,7366,7766,9206,9667,0605,6885,7325,8694,7056,2116,3156,058
Net Income to Common
6,2874,7935,0174,2004,2045,5035,3366,6756,7366,7766,9206,9667,0605,6885,7325,8694,7056,2116,3156,058
Net Income Growth (YoY)
49.55%-12.90%-5.98%-37.08%-37.59%-18.79%-22.89%-4.18%-4.59%19.13%20.73%18.69%50.05%-8.42%-9.23%-3.12%-34.12%-10.67%-7.58%-7.36%
Shares Outstanding (Basic)
231232233234235237238240243247250253257260264268271274276278
Shares Outstanding (Diluted)
232232234235236238239241244248251254258261265269272275277279
Shares Change (YoY)
-1.97%-2.18%-2.38%-2.66%-3.23%-4.06%-4.78%-5.09%-5.33%-5.19%-5.06%-5.38%-5.10%-4.91%-4.61%-3.73%-2.89%-2.08%-1.35%-0.95%
EPS (Basic)
27.2520.7021.5617.9517.8623.2522.3927.7727.6827.4627.6527.5027.4721.8521.7421.9217.3722.6922.8521.79
EPS (Diluted)
27.1420.6221.4917.8817.8023.1722.3127.6727.5827.3527.5527.4027.3721.7721.6621.8317.3122.6122.7621.71
EPS Growth (YoY)
52.49%-11.00%-3.67%-35.38%-35.47%-15.29%-19.02%0.98%0.76%25.62%27.19%25.50%58.15%-3.69%-4.83%0.57%-32.16%-8.78%-6.35%-6.47%

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
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 Sep '21
Free Cash Flow
8,7295,6626,9084,5933,3294,9855,2876,5076,9516,2166,2295,8036,0046,2606,1328,5587,4517,3747,6995,123
Free Cash Flow Per Share
37.6824.3629.5919.5514.0920.9822.1026.9728.4625.1024.8022.8223.2823.9623.1831.8527.4126.8427.7518.36
Dividend Per Share
13.65013.50013.35013.20013.05012.90012.75012.60012.45012.30012.15012.00011.80011.60011.40011.20011.00010.80010.60010.400
Dividend Growth (YoY)
4.60%4.65%4.71%4.76%4.82%4.88%4.94%5.00%5.51%6.03%6.58%7.14%7.27%7.41%7.55%7.69%7.84%8.00%8.16%8.33%
Gross Margin
11.80%9.91%10.24%8.25%8.25%10.23%9.88%12.22%12.16%12.23%12.68%12.68%12.85%12.89%12.71%12.99%13.38%13.36%13.57%13.44%
Operating Margin
10.89%8.92%9.31%8.08%8.21%10.34%10.11%12.50%12.54%12.82%13.41%13.40%13.60%11.39%11.32%11.54%9.29%11.55%11.67%11.43%
Profit Margin
8.16%6.38%6.69%5.73%5.85%7.66%7.51%9.36%9.48%9.73%10.24%10.29%10.48%8.60%8.69%9.07%7.33%9.45%9.42%9.13%
Free Cash Flow Margin
11.33%7.54%9.21%6.26%4.63%6.94%7.44%9.13%9.78%8.93%9.22%8.57%8.91%9.46%9.29%13.22%11.61%11.21%11.48%7.72%
EBITDA
9,6807,9958,2857,2627,1998,6848,39410,16910,12910,12010,22510,26210,3018,6788,6208,6237,1528,7789,0108,777
EBITDA Margin
12.57%10.64%11.04%9.90%10.02%12.09%11.82%14.26%14.25%14.53%15.13%15.16%15.29%13.12%13.06%13.32%11.15%13.35%13.44%13.23%
D&A For EBITDA
1,2961,2951,2941,3371,2991,2591,2131,2581,2181,1931,1671,1951,1381,1471,1511,1551,1911,1821,1891,196
EBIT
8,3846,7006,9915,9255,9007,4257,1818,9118,9118,9279,0589,0679,1637,5317,4697,4685,9617,5967,8217,581
EBIT Margin
10.89%8.92%9.31%8.08%8.21%10.34%10.11%12.50%12.54%12.82%13.41%13.40%13.60%11.39%11.32%11.54%9.29%11.55%11.67%11.43%
Effective Tax Rate
15.28%15.32%15.28%14.46%14.03%14.30%14.21%14.92%14.53%14.65%14.55%14.45%14.83%13.99%14.19%15.92%15.38%16.07%16.36%16.41%
Revenue as Reported
77,01475,10675,04873,34971,84471,81171,04371,29571,06969,64067,57167,68867,39366,14665,98464,72264,16765,75067,04466,347
SEC Filings: 10-K · 10-Q