Lockheed Martin Corporation

Industrials · Aerospace & Defense

535.10$ +0.3% vs. previous close Closing price · As of: Sep 21, 2026

Statements

Income Statement

Lockheed Martin Corporation (LMT) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 75,057 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement LMT
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	26,875	28,069	26,266	25,530	25,329	23,990	26,578	31,824	35,526	37,213	39,620	41,862	42,731	45,189	45,803	46,499	47,182	45,358	39,946	40,536	47,290	49,960	53,762	59,812	65,398	67,044	65,984	67,571	71,043	75,057
Cost of Revenue	24,594	25,772	23,914	23,865	22,747	22,447	24,629	29,848	33,558	34,676	36,186	37,628	38,082	40,965	41,967	42,795	42,938	40,775	35,263	36,044	41,889	43,589	46,392	51,445	56,744	57,983	57,697	59,092	64,113	67,429
Gross Profit	2,281	2,297	2,352	1,665	2,582	1,543	1,949	1,976	1,968	2,537	3,434	4,234	4,649	4,224	3,836	3,704	4,244	4,583	4,683	4,492	5,401	6,371	7,370	8,367	8,654	9,061	8,287	8,479	6,930	7,619
Research & Development	–	–	–	–	850	798	830	903	962	1,042	1,139	1,206	698	724	638	585	616	697	751	817	988	1,200	1,300	1,300	1,300	1,500	1,700	1,500	1,600	2,000
Selling, General & Administrative	–	–	–	–	–	–	–	–	–	–	–	–	–	242	0.0	0.0	0.0	0.0	0.0	123	471	746	777	608	–	–	–	–	–	–
Total Operating Expenses	–	–	–	–	968	–	–	–	121	1,042	1,139	1,206	698	724	-261	585	616	98	-329	-220	-487	-373	36	-178	10	-62	-61	-28	-83	-112
Operating Income	2,281	2,297	2,352	1,665	1,614	1,543	1,949	1,976	2,089	2,986	3,953	4,527	5,131	4,466	4,097	3,980	4,434	4,505	5,592	4,712	5,888	6,744	7,334	8,545	8,644	9,123	8,348	8,507	7,013	7,731
Interest Expense	700	842	861	809	919	700	581	487	425	370	361	352	341	305	345	354	383	350	340	443	663	651	668	653	591	569	623	916	1,036	1,118
Pre-Tax Income	2,033	1,937	1,661	1,200	286	188	577	1,532	1,664	2,616	3,592	4,368	4,702	4,284	3,826	3,631	4,072	4,155	5,258	5,023	4,886	5,269	5,838	7,241	8,235	7,550	6,680	8,098	6,220	5,922
Income Tax Expense	686	637	660	463	710	109	44	479	398	791	1,063	1,335	1,485	1,260	1,181	964	1,327	1,205	1,644	1,418	1,133	3,340	792	1,011	1,347	1,235	948	-1,178	884	905
Net Income	1,347	1,300	1,001	382	-519	-1,046	500	1,053	1,266	1,825	2,529	3,033	3,217	3,024	2,926	2,655	2,745	2,981	3,614	3,605	5,302	2,002	5,046	6,230	6,833	6,315	5,732	6,920	5,336	5,017
EBITDA	3,478	3,349	3,357	2,634	2,138	2,366	1,716	2,585	2,745	3,691	4,198	5,539	5,938	5,325	5,175	4,993	5,443	5,495	6,011	5,768	6,632	7,092	7,667	9,083	10,116	9,483	8,707	8,507	8,816	7,754

Data as of: September 21, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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