Skip to main content
logo
Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
567.08
-9.08 (-1.58%)
At close: Nov 6, 2026, 4:00 PM EST
569.50
+2.42 (0.43%)
After-hours: Nov 6, 2026, 7:57 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
79,11677,01475,10675,04873,34971,84471,81171,04371,29571,06969,64067,57167,68867,39366,14665,98464,72264,16765,75067,044
Revenue Growth (YoY)
7.86%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%
Cost of Revenue
69,83467,92867,66667,36367,29665,91464,46464,02662,58162,42461,12259,00059,10258,73557,62257,59756,31555,57856,96657,947
Gross Profit
9,2829,0867,4407,6856,0535,9307,3477,0178,7148,6458,5188,5718,5868,6588,5248,3878,4078,5898,7849,097
Selling, General & Admin
72374176077820691-23-137-172-280-391-499-509-5239078658952,5921,1811,241
Other Operating Expenses
-6-39-20-84-83-61-55-27-2514-1812281886534436735
Operating Expenses
71770274069412330-78-164-197-266-409-487-481-5059939189392,6281,1881,276
Operating Income
8,5658,3846,7006,9915,9305,9007,4257,1818,9118,9118,9279,0589,0679,1637,5317,4697,4685,9617,5967,821
Interest Expense
-1,089-1,111-1,119-1,118-1,092-1,062-1,049-1,036-1,026-1,007-969-916-864-772-690-623-567-563-564-569
Earnings From Equity Investments
2828282826314156506055404984114114147929797
Other Non Operating Income (Expenses)
96656232907969841301351117263-1-54-66-87-73-29-28
EBT Excluding Unusual Items
7,6007,3665,6715,9334,9544,9486,4866,2858,0658,0998,1248,2548,3158,4746,9016,8946,9615,4177,1007,321
Merger & Restructuring Charges
---------92-92-92-92-100-100-100-100----36
Gain (Loss) on Sale of Investments
555555552282222-40-39-93-64-72-85-188-11419143300265
Asset Writedown
---66-66-66-66-87-87-87-87----------
Pretax Income
7,6557,4215,6605,9224,9104,8906,4216,2207,8467,8817,9398,0988,1438,2896,6136,6806,9805,5607,4007,550
Income Tax Expense
1,1421,1348679057106869188841,1711,1451,1631,1781,1771,2299259481,1118551,1891,235
Earnings From Continuing Operations
6,5136,2874,7935,0174,2004,2045,5035,3366,6756,7366,7766,9206,9667,0605,6885,7325,8694,7056,2116,315
Net Income
6,5136,2874,7935,0174,2004,2045,5035,3366,6756,7366,7766,9206,9667,0605,6885,7325,8694,7056,2116,315
Net Income to Common
6,5136,2874,7935,0174,2004,2045,5035,3366,6756,7366,7766,9206,9667,0605,6885,7325,8694,7056,2116,315
Net Income Growth (YoY)
55.07%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%
Shares Outstanding (Basic)
230231232233234235237238240243247250253257260264268271274276
Shares Outstanding (Diluted)
231232232234235236238239241244248251254258261265269272275277
Shares Change (YoY)
-1.50%-1.97%-2.18%-2.38%-2.67%-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%
EPS (Basic)
28.2727.2520.7021.5617.9517.8623.2522.3927.7727.6827.4627.6527.5027.4721.8521.7421.9217.3722.6922.85
EPS (Diluted)
28.1627.1420.6221.4917.8817.8023.1722.3127.6727.5827.3527.5527.4027.3721.7721.6621.8317.3122.6122.76
EPS Growth (YoY)
57.49%52.49%-11.00%-3.67%-35.37%-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%

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
8,3818,7295,6626,9084,5933,3294,9855,2876,5076,9516,2166,2295,8036,0046,2606,1328,5587,4517,3747,699
Free Cash Flow Per Share
36.2337.6824.3629.5919.5614.0920.9822.1026.9728.4625.1024.8022.8223.2823.9623.1831.8527.4126.8427.75
Dividend Per Share
13.80013.65013.50013.35013.20013.05012.90012.75012.60012.45012.30012.15012.00011.80011.60011.40011.20011.00010.80010.600
Dividend Growth (YoY)
4.54%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%
Gross Margin
11.73%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%
Operating Margin
10.83%10.89%8.92%9.31%8.09%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%
Profit Margin
8.23%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%
Free Cash Flow Margin
10.59%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%
EBITDA
9,8589,6807,9958,2857,2677,1998,6848,39410,16910,12910,12010,22510,26210,3018,6788,6208,6237,1528,7789,010
EBITDA Margin
12.46%12.57%10.64%11.04%9.91%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%
D&A For EBITDA
1,2931,2961,2951,2941,3371,2991,2591,2131,2581,2181,1931,1671,1951,1381,1471,1511,1551,1911,1821,189
EBIT
8,5658,3846,7006,9915,9305,9007,4257,1818,9118,9118,9279,0589,0679,1637,5317,4697,4685,9617,5967,821
EBIT Margin
10.83%10.89%8.92%9.31%8.09%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%
Effective Tax Rate
14.92%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%
Revenue as Reported
79,11677,01475,10675,04873,34971,84471,81171,04371,29571,06969,64067,57167,68867,39366,14665,98464,72264,16765,75067,044
SEC Filings: 10-K · 10-Q