LOCKHEED MARTIN CORP (LMT)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-282025-Jun-292025-Mar-302024-Dec-312024-Sep-292024-Jun-302024-Mar-312023-Dec-312023-Sep-242023-Jun-252023-Mar-262022-Dec-312022-Sep-252022-Jun-262022-Mar-272021-Dec-312021-Sep-262021-Jun-272021-Mar-282020-Dec-312020-Sep-272020-Jun-282020-Mar-292019-Dec-312019-Sep-292019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-242018-Mar-252017-Dec-312017-Sep-242017-Jun-252017-Mar-262016-Dec-312016-Sep-252016-Jun-262016-Mar-272015-Dec-312015-Sep-272015-Jun-282015-Mar-292014-Dec-312014-Sep-282014-Jun-292014-Mar-302013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue18,609,000,000$18,155,000,000$17,963,000,000$18,622,000,000$17,104,000,000$18,122,000,000$17,195,000,000$18,874,000,000$16,878,000,000$16,693,000,000$15,126,000,000$18,991,000,000$16,583,000,000$15,446,000,000$14,964,000,000$17,729,000,000$16,028,000,000$17,029,000,000$16,258,000,000$17,032,000,000$16,495,000,000$16,220,000,000$15,651,000,000$15,878,000,000$15,171,000,000$14,427,000,000$14,336,000,000$14,411,000,000$14,318,000,000$13,398,000,000$11,635,000,000$15,137,000,000$12,341,000,000$12,685,000,000$11,212,000,000$13,752,000,000$11,551,000,000$11,577,000,000$10,368,000,000$11,520,000,000$10,060,000,000$11,643,000,000$10,111,000,000$12,530,000,000$11,114,000,000$11,306,000,000$10,650,000,000$11,533,000,000$
QoQ%2.50%1.07%(3.54%)8.88%(5.62%)5.39%(8.90%)11.83%1.11%10.36%(20.35%)14.52%7.36%3.22%(15.60%)10.61%(5.88%)4.74%(4.54%)3.26%1.70%3.64%(1.43%)4.66%5.16%.64%(.52%).65%6.87%15.15%(23.14%)22.66%(2.71%)13.14%(18.47%)19.06%(.23%)11.66%(10.00%)14.51%(13.60%)15.15%(19.31%)12.74%(1.70%)6.16%(7.66%)1.64%
YoY%8.80%.18%4.47%(1.34%)1.34%8.56%13.68%(.62%)1.78%8.07%1.08%7.12%3.46%(9.30%)(7.96%)4.09%(2.83%)4.99%3.88%7.27%8.73%12.43%9.17%10.18%5.96%7.68%23.21%(4.80%)16.02%5.62%3.77%10.07%6.84%9.57%8.14%19.38%14.82%(.57%)2.54%(8.06%)(9.48%)2.98%(5.06%)8.65%(2.05%)(.89%)(3.79%)(4.68%)
Cost Of Revenue16,369,000,000$17,421,000,000$15,640,000,000$17,932,000,000$14,987,000,000$15,992,000,000$15,202,000,000$16,579,000,000$14,830,000,000$14,603,000,000$13,080,000,000$16,689,000,000$14,463,000,000$13,490,000,000$13,055,000,000$15,307,000,000$13,726,000,000$14,878,000,000$14,072,000,000$14,818,000,000$14,359,000,000$14,007,000,000$13,560,000,000$13,755,000,000$13,108,000,000$12,434,000,000$12,148,000,000$12,469,000,000$12,397,000,000$11,645,000,000$10,386,000,000$13,689,000,000$10,994,000,000$11,409,000,000$10,178,000,000$12,548,000,000$10,340,000,000$10,444,000,000$9,324,000,000$10,330,000,000$8,916,000,000$10,318,000,000$8,902,000,000$5,998,000,000$9,887,000,000$9,993,000,000$9,289,000,000$10,216,000,000$
Gross Profit2,240,000,000$734,000,000$2,323,000,000$690,000,000$2,117,000,000$2,130,000,000$1,993,000,000$2,295,000,000$2,048,000,000$2,090,000,000$2,046,000,000$2,302,000,000$2,120,000,000$1,956,000,000$1,909,000,000$2,422,000,000$2,302,000,000$2,151,000,000$2,186,000,000$2,214,000,000$2,136,000,000$2,213,000,000$2,091,000,000$2,123,000,000$2,063,000,000$1,993,000,000$2,188,000,000$1,942,000,000$1,921,000,000$1,753,000,000$1,658,000,000$1,709,000,000$1,600,000,000$1,656,000,000$1,406,000,000$1,692,000,000$1,384,000,000$1,230,000,000$1,095,000,000$1,137,000,000$1,097,000,000$1,371,000,000$1,263,000,000$696,000,000$1,275,000,000$1,341,000,000$1,371,000,000$738,000,000$
Gross Margin12.04%4.04%12.93%3.71%12.38%11.75%11.59%12.16%12.13%12.52%13.53%12.12%12.78%12.66%12.76%13.66%14.36%12.63%13.45%13.00%12.95%13.64%13.36%13.37%13.60%13.81%15.26%13.48%13.42%13.08%14.25%11.29%12.97%13.06%12.54%12.30%11.98%10.63%10.56%9.87%10.91%11.78%12.49%5.56%11.47%11.86%12.87%6.40%
Operating Expenses(40,000,000$)(14,000,000$)(49,000,000$)(6,000,000$)(23,000,000$)(18,000,000$)(36,000,000$)2,000,000$6,000,000$(45,000,000$)9,000,000$9,000,000$(39,000,000$)(7,000,000$)(24,000,000$)(33,000,000$)8,000,000$(41,000,000$)4,000,000$(75,000,000$)(11,000,000$)127,000,000$(31,000,000$)(26,000,000$)(42,000,000$)(15,000,000$)(95,000,000$)91,000,000$(42,000,000$)(42,000,000$)(67,000,000$)(240,000,000$)(77,000,000$)(60,000,000$)4,000,000$264,000,000$(204,000,000$)(145,000,000$)(63,000,000$)37,000,000$(95,000,000$)98,000,000$116,000,000$(646,000,000$)(117,000,000$)(85,000,000$)(61,000,000$)(96,000,000$)
Operating Income2,280,000,000$748,000,000$2,372,000,000$696,000,000$2,140,000,000$2,148,000,000$2,029,000,000$2,293,000,000$2,042,000,000$2,135,000,000$2,037,000,000$2,293,000,000$2,159,000,000$1,963,000,000$1,933,000,000$2,455,000,000$2,294,000,000$2,192,000,000$2,182,000,000$2,289,000,000$2,147,000,000$2,086,000,000$2,122,000,000$2,149,000,000$2,105,000,000$2,008,000,000$2,283,000,000$1,851,000,000$1,963,000,000$1,795,000,000$1,725,000,000$1,949,000,000$1,677,000,000$1,716,000,000$1,402,000,000$1,428,000,000$1,588,000,000$1,375,000,000$1,158,000,000$1,100,000,000$1,192,000,000$1,273,000,000$1,147,000,000$1,342,000,000$1,392,000,000$1,426,000,000$1,432,000,000$834,000,000$
Operating Margin12.25%4.12%13.21%3.74%12.51%11.85%11.80%12.15%12.10%12.79%13.47%12.07%13.02%12.71%12.92%13.85%14.31%12.87%13.42%13.44%13.02%12.86%13.56%13.53%13.88%13.92%15.93%12.84%13.71%13.40%14.83%12.88%13.59%13.53%12.50%10.38%13.75%11.88%11.17%9.55%11.85%10.93%11.34%10.71%12.53%12.61%13.45%7.23%
Interest Income
Interest Expenses255,000,000$254,000,000$237,000,000$223,000,000$202,000,000$202,000,000$145,000,000$141,000,000$135,000,000$146,000,000$141,000,000$142,000,000$140,000,000$149,000,000$145,000,000$149,000,000$148,000,000$157,000,000$162,000,000$163,000,000$171,000,000$171,000,000$177,000,000$165,000,000$155,000,000$174,000,000$162,000,000$160,000,000$155,000,000$171,000,000$162,000,000$165,000,000$165,000,000$142,000,000$104,000,000$104,000,000$93,000,000$87,000,000$82,000,000$85,000,000$86,000,000$86,000,000$
Income Before Tax1,938,000,000$417,000,000$2,036,000,000$519,000,000$1,918,000,000$1,948,000,000$1,835,000,000$2,145,000,000$1,953,000,000$2,006,000,000$1,994,000,000$2,190,000,000$2,099,000,000$330,000,000$2,061,000,000$2,490,000,000$679,000,000$2,170,000,000$2,211,000,000$2,187,000,000$2,056,000,000$1,962,000,000$2,030,000,000$1,832,000,000$1,781,000,000$1,683,000,000$1,945,000,000$1,483,000,000$1,575,000,000$1,420,000,000$1,360,000,000$1,572,000,000$1,297,000,000$1,342,000,000$1,035,000,000$1,123,000,000$1,427,000,000$1,210,000,000$994,000,000$982,000,000$1,089,000,000$1,343,000,000$1,266,000,000$677,000,000$1,311,000,000$1,341,000,000$1,348,000,000$746,000,000$
Tax Expenses319,000,000$75,000,000$324,000,000$(8,000,000$)295,000,000$307,000,000$290,000,000$279,000,000$269,000,000$325,000,000$305,000,000$278,000,000$321,000,000$21,000,000$328,000,000$441,000,000$65,000,000$355,000,000$374,000,000$395,000,000$303,000,000$336,000,000$313,000,000$334,000,000$173,000,000$263,000,000$241,000,000$230,000,000$102,000,000$257,000,000$203,000,000$2,389,000,000$334,000,000$387,000,000$246,000,000$256,000,000$338,000,000$311,000,000$188,000,000$165,000,000$333,000,000$414,000,000$388,000,000$134,000,000$423,000,000$452,000,000$415,000,000$258,000,000$
Net Income1,619,000,000$342,000,000$1,712,000,000$527,000,000$1,623,000,000$1,641,000,000$1,545,000,000$1,866,000,000$1,684,000,000$1,681,000,000$1,689,000,000$1,912,000,000$1,778,000,000$309,000,000$1,733,000,000$2,049,000,000$614,000,000$1,815,000,000$1,837,000,000$1,792,000,000$1,698,000,000$1,626,000,000$1,717,000,000$1,498,000,000$1,608,000,000$1,420,000,000$1,704,000,000$1,253,000,000$1,473,000,000$1,163,000,000$1,157,000,000$(744,000,000$)963,000,000$955,000,000$789,000,000$988,000,000$2,395,000,000$1,021,000,000$898,000,000$933,000,000$865,000,000$929,000,000$878,000,000$904,000,000$888,000,000$889,000,000$933,000,000$488,000,000$
Profit Margin8.70%1.88%9.53%2.83%9.49%9.06%8.99%9.89%9.98%10.07%11.17%10.07%10.72%2.00%11.58%11.56%3.83%10.66%11.30%10.52%10.29%10.03%10.97%9.43%10.60%9.84%11.89%8.70%10.29%8.68%9.94%(4.92%)7.80%7.53%7.04%7.18%20.73%8.82%8.66%8.10%8.60%7.98%8.68%7.22%7.99%7.86%8.76%4.23%
TTM5.73%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%10.69%10.53%10.45%10.18%10.25%10.21%10.42%10.26%10.18%9.91%9.39%5.60%4.84%4.50%3.82%7.39%10.42%10.80%11.22%11.66%8.54%8.32%8.32%8.06%7.93%7.90%7.93%7.17%7.10%7.02%6.57%
Earnings to Minority
Earnings to Common Shareholders1,619,000,000$342,000,000$1,712,000,000$527,000,000$1,623,000,000$1,641,000,000$1,545,000,000$1,866,000,000$1,684,000,000$1,681,000,000$1,689,000,000$1,912,000,000$1,778,000,000$309,000,000$1,733,000,000$2,049,000,000$614,000,000$1,815,000,000$1,837,000,000$1,792,000,000$1,698,000,000$1,626,000,000$1,717,000,000$1,498,000,000$1,608,000,000$1,420,000,000$1,704,000,000$1,253,000,000$1,473,000,000$1,163,000,000$1,157,000,000$(744,000,000$)963,000,000$955,000,000$789,000,000$988,000,000$2,395,000,000$1,021,000,000$898,000,000$933,000,000$865,000,000$929,000,000$878,000,000$904,000,000$888,000,000$889,000,000$933,000,000$488,000,000$
QoQ%373.39%(80.02%)224.86%(67.53%)(1.10%)6.21%(17.20%)10.81%.18%(.47%)(11.66%)7.54%475.41%(82.17%)(15.42%)233.71%(66.17%)(1.20%)2.51%5.54%4.43%(5.30%)14.62%(6.84%)13.24%(16.67%)35.99%(14.94%)26.66%.52%255.51%(177.26%).84%21.04%(20.14%)(58.75%)134.57%13.70%(3.75%)7.86%(6.89%)5.81%(2.88%)1.80%(.11%)(4.72%)91.19%(44.10%)
YoY%(.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%(82.98%)(5.66%)14.34%(63.84%)11.62%6.99%19.63%5.60%14.51%.76%19.55%9.17%22.10%47.28%268.41%52.96%21.78%46.64%(175.30%)(59.79%)(6.46%)(12.14%)5.90%176.88%9.90%2.28%3.21%(2.59%)4.50%(5.90%)85.25%1.72%3.49%22.60%(14.24%)
Earnings Per Share, Basic6.98$1.46$7.30$2.23$6.83$6.87$6.42$7.64$6.75$6.65$6.63$7.45$6.73$1.16$6.46$7.51$2.22$6.54$6.58$6.41$6.08$5.81$6.10$5.33$5.70$5.03$6.03$4.42$5.18$4.08$4.05$(2.61$)3.35$3.31$2.72$3.39$8.02$3.37$2.95$3.06$2.80$2.98$2.78$2.87$2.81$2.81$2.92$1.53$
Earnings Per Share, Diluted6.95$1.46$7.28$2.22$6.80$6.85$6.39$7.61$6.73$6.63$6.61$7.43$6.71$1.16$6.44$7.48$2.21$6.52$6.56$6.38$6.05$5.79$6.08$5.29$5.66$5.00$5.99$4.39$5.14$4.05$4.02$(2.58$)3.32$3.28$2.69$3.35$7.93$3.32$2.91$3.01$2.77$2.94$2.74$2.82$2.76$2.76$2.87$1.50$
Unlevered FCF Per Share, Basic16.08$0.86$6.01$4.33$10.27$7.85$6.79$9.68$11.60$4.35$6.14$7.51$11.86$5.01$5.26$15.63$7.01$4.57$6.27$6.46$6.73$7.80$8.23$5.30$8.83$5.91$5.89$7.83$1.27$(0.25$)2.21$5.29$6.11$5.35$5.74$2.50$4.42$5.20$5.47$4.47$4.92$4.05$3.03$(0.64$)3.13$3.08$6.58$2.93$
Unlevered FCF Per Share, Diluted16.01$0.86$5.99$4.32$10.22$7.83$6.77$9.64$11.55$4.34$6.12$7.49$11.82$4.99$5.24$15.58$6.99$4.55$6.24$6.44$6.70$7.77$8.19$5.26$8.77$5.88$5.85$7.77$1.26$(0.25$)2.20$5.24$6.05$5.30$5.69$2.48$4.37$5.14$5.40$4.40$4.85$4.00$2.99$(0.63$)3.08$3.03$6.46$2.87$
Average Shares, Basic231,900,000233,500,000234,400,000236,100,000237,500,000238,900,000240,700,000244,400,000249,300,000252,800,000254,700,000256,600,000264,100,000265,800,000268,300,000273,000,000276,200,000277,400,000279,000,000279,600,000279,300,000279,800,000281,300,000281,300,000282,000,000282,200,000282,500,000283,200,000284,300,000285,000,000285,500,000285,600,000287,100,000288,500,000290,000,000291,100,000298,500,000303,100,000304,500,000305,400,000308,400,000312,000,000315,400,000315,000,000316,300,000316,800,000319,100,000319,800,000
Average Shares, Diluted232,800,000234,300,000235,300,000237,000,000238,600,000239,600,000241,600,000245,300,000250,200,000253,600,000255,700,000257,400,000265,100,000266,700,000269,200,000273,900,000277,300,000278,400,000280,000,000280,800,000280,600,000280,800,000282,600,000283,100,000283,900,000283,900,000284,300,000285,500,000286,700,000287,100,000287,900,000288,400,000290,000,000291,200,000292,800,000294,500,000302,100,000307,100,000308,700,000309,800,000312,700,000316,100,000320,200,000320,600,000321,800,000322,100,000325,100,000326,300,000
EBIT1,938,000,000$417,000,000$2,036,000,000$519,000,000$1,918,000,000$1,948,000,000$2,090,000,000$2,399,000,000$2,190,000,000$2,229,000,000$2,196,000,000$2,392,000,000$2,244,000,000$471,000,000$2,196,000,000$2,636,000,000$820,000,000$2,312,000,000$2,351,000,000$2,336,000,000$2,201,000,000$2,111,000,000$2,178,000,000$1,989,000,000$1,943,000,000$1,846,000,000$2,116,000,000$1,654,000,000$1,752,000,000$1,585,000,000$1,515,000,000$1,746,000,000$1,459,000,000$1,502,000,000$1,190,000,000$1,294,000,000$1,589,000,000$1,375,000,000$1,159,000,000$1,124,000,000$1,193,000,000$1,447,000,000$1,359,000,000$764,000,000$1,393,000,000$1,426,000,000$1,434,000,000$832,000,000$
EBITDA1,938,000,000$417,000,000$2,036,000,000$519,000,000$1,918,000,000$1,948,000,000$2,090,000,000$2,399,000,000$2,190,000,000$2,229,000,000$2,196,000,000$2,392,000,000$2,244,000,000$471,000,000$2,196,000,000$2,636,000,000$820,000,000$2,312,000,000$2,351,000,000$2,336,000,000$2,201,000,000$2,111,000,000$2,178,000,000$1,989,000,000$1,943,000,000$1,846,000,000$2,116,000,000$1,654,000,000$1,752,000,000$1,585,000,000$1,515,000,000$1,746,000,000$1,459,000,000$1,502,000,000$1,190,000,000$1,573,000,000$1,884,000,000$1,672,000,000$1,455,000,000$1,343,000,000$1,429,000,000$1,693,000,000$1,603,000,000$965,000,000$1,640,000,000$1,668,000,000$1,671,000,000$1,118,000,000$