Income Statement - LOCKHEED MARTIN CORP (LMT)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 75,057.00 | 71,043.00 | 67,571.00 | 65,984.00 | 67,044.00 | 65,398.00 | 59,812.00 | 53,762.00 | 49,960.00 | 47,290.00 | 40,536.00 | 39,946.00 | 45,358.00 | 47,182.00 | 46,499.00 | 45,803.00 | 45,189.00 | 42,731.00 | 41,862.00 | 39,620.00 |
| Cost of revenue | 67,429.00 | 64,113.00 | 59,092.00 | 57,697.00 | 57,983.00 | 56,744.00 | 51,445.00 | 46,392.00 | 43,589.00 | 41,889.00 | 36,044.00 | 35,263.00 | 40,775.00 | 42,938.00 | 42,795.00 | 41,967.00 | 40,965.00 | 38,082.00 | 37,628.00 | 36,186.00 |
| Gross profit | 7,619.00 | 6,930.00 | 8,479.00 | 8,287.00 | 9,061.00 | 8,654.00 | 8,367.00 | 7,370.00 | 6,371.00 | 5,401.00 | 4,492.00 | 4,683.00 | 4,583.00 | 4,244.00 | 3,704.00 | 3,836.00 | 4,224.00 | 4,649.00 | 4,234.00 | 3,434.00 |
| Total operating expenses | -112.00 | -83.00 | -28.00 | -61.00 | -62.00 | 10.00 | -178.00 | 36.00 | -373.00 | -487.00 | -220.00 | -329.00 | 98.00 | 616.00 | 585.00 | -261.00 | 724.00 | 698.00 | 1,206.00 | 1,139.00 |
| Operating income | 7,731.00 | 7,013.00 | 8,507.00 | 8,348.00 | 9,123.00 | 8,644.00 | 8,545.00 | 7,334.00 | 6,744.00 | 5,888.00 | 4,712.00 | 5,592.00 | 4,505.00 | 4,434.00 | 3,980.00 | 4,097.00 | 4,466.00 | 5,131.00 | 4,527.00 | 3,953.00 |
| Non-operating income (net) | -1,809.00 | -793.00 | -409.00 | -1,668.00 | -1,573.00 | -409.00 | -1,304.00 | -1,496.00 | -1,475.00 | -1,002.00 | 311.00 | -334.00 | -350.00 | -362.00 | -349.00 | -271.00 | -182.00 | -429.00 | -159.00 | -361.00 |
| Income before tax | 5,922.00 | 6,220.00 | 8,098.00 | 6,680.00 | 7,550.00 | 8,235.00 | 7,241.00 | 5,838.00 | 5,269.00 | 4,886.00 | 5,023.00 | 5,258.00 | 4,155.00 | 4,072.00 | 3,631.00 | 3,826.00 | 4,284.00 | 4,702.00 | 4,368.00 | 3,592.00 |
| Income tax expense | 905.00 | 884.00 | -1,178.00 | 948.00 | 1,235.00 | 1,347.00 | 1,011.00 | 792.00 | 3,340.00 | 1,133.00 | 1,418.00 | 1,644.00 | 1,205.00 | 1,327.00 | 964.00 | 1,181.00 | 1,260.00 | 1,485.00 | 1,335.00 | 1,063.00 |
| Net income | 5,017.00 | 5,336.00 | 6,920.00 | 5,732.00 | 6,315.00 | 6,833.00 | 6,230.00 | 5,046.00 | 2,002.00 | 5,302.00 | 3,605.00 | 3,614.00 | 2,981.00 | 2,745.00 | 2,655.00 | 2,926.00 | 3,024.00 | 3,217.00 | 3,033.00 | 2,529.00 |
Show Quarterly Income Statement
Income Statement - LOCKHEED MARTIN CORP (LMT)
$(Billion, Million)| 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 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 18,021.00 | 20,330.00 | 18,609.00 | 18,155.00 | 17,963.00 | 18,622.00 | 17,104.00 | 18,122.00 | 17,195.00 | 18,874.00 | 16,878.00 | 16,693.00 | 15,126.00 | 18,991.00 | 16,583.00 | 15,446.00 | 14,964.00 | 17,729.00 | 16,028.00 | 17,029.00 | 16,258.00 | 17,032.00 | 16,495.00 | 16,220.00 | 15,651.00 | 15,878.00 | 15,171.00 | 14,427.00 | 14,336.00 | 14,411.00 | 14,318.00 | 13,398.00 | 11,635.00 | 15,137.00 | 12,341.00 | 12,563.00 | 11,057.00 | 13,752.00 | 11,551.00 | 11,577.00 | 10,368.00 | 12,917.00 | 10,060.00 | 11,643.00 | 10,111.00 | 12,530.00 | 11,114.00 | 11,306.00 | 10,650.00 | 11,533.00 | 11,347.00 | 11,408.00 | 11,070.00 | 12,099.00 | 11,869.00 | 11,921.00 | 11,293.00 | 12,211.00 | 12,119.00 | 11,551.00 | 10,633.00 | 12,794.00 | 11,375.00 | 11,442.00 | 10,637.00 | 12,524.00 | 11,056.00 | 11,236.00 | 10,373.00 | 11,132.00 | 10,577.00 | 11,039.00 | 9,983.00 | 10,841.00 | 11,095.00 | 10,651.00 | 9,275.00 | 10,840.00 | 9,605.00 | 9,961.00 | 9,214.00 |
| Cost of revenue | 15,943.00 | 17,999.00 | 16,369.00 | 17,421.00 | 15,640.00 | 17,932.00 | 14,987.00 | 15,905.00 | 15,202.00 | 16,521.00 | 14,830.00 | 14,603.00 | 13,080.00 | 16,689.00 | 14,463.00 | 13,490.00 | 13,055.00 | 15,307.00 | 13,726.00 | 14,878.00 | 14,072.00 | 14,818.00 | 14,359.00 | 14,007.00 | 13,560.00 | 13,755.00 | 13,108.00 | 12,434.00 | 12,148.00 | 12,469.00 | 12,397.00 | 11,549.00 | 9,977.00 | 13,518.00 | 10,741.00 | 10,907.00 | 9,904.00 | 12,399.00 | 10,167.00 | 10,347.00 | 9,273.00 | 11,540.00 | 8,963.00 | 10,272.00 | 8,848.00 | 11,262.00 | 9,839.00 | 9,965.00 | 9,279.00 | 10,429.00 | 10,163.00 | 10,184.00 | 9,999.00 | 10,993.00 | 10,888.00 | 10,741.00 | 10,319.00 | 11,223.00 | 11,123.00 | 10,654.00 | 9,831.00 | 11,717.00 | 10,577.00 | 10,382.00 | 9,701.00 | 11,313.00 | 10,060.00 | 10,224.00 | 9,368.00 | 9,865.00 | 9,455.00 | 9,848.00 | 8,914.00 | 9,717.00 | 9,949.00 | 9,597.00 | 8,365.00 | 9,809.00 | 8,802.00 | 9,121.00 | 8,454.00 |
| Gross profit | 2,078.00 | 2,322.00 | 2,240.00 | 734.00 | 2,323.00 | 690.00 | 2,117.00 | 2,217.00 | 1,993.00 | 2,295.00 | 2,048.00 | 2,090.00 | 2,046.00 | 2,302.00 | 2,120.00 | 1,956.00 | 1,909.00 | 2,422.00 | 2,302.00 | 2,151.00 | 2,186.00 | 2,214.00 | 2,136.00 | 2,213.00 | 2,091.00 | 2,123.00 | 2,063.00 | 1,993.00 | 2,188.00 | 1,942.00 | 1,921.00 | 1,849.00 | 1,658.00 | 1,619.00 | 1,600.00 | 1,656.00 | 1,153.00 | 1,353.00 | 1,384.00 | 1,230.00 | 1,095.00 | 1,377.00 | 1,097.00 | 1,371.00 | 1,263.00 | 1,387.00 | 1,275.00 | 1,341.00 | 1,371.00 | 1,104.00 | 1,184.00 | 1,224.00 | 1,071.00 | 1,106.00 | 981.00 | 1,180.00 | 974.00 | 988.00 | 996.00 | 897.00 | 802.00 | 1,077.00 | 798.00 | 1,060.00 | 936.00 | 1,211.00 | 996.00 | 1,012.00 | 1,005.00 | 1,267.00 | 1,122.00 | 1,191.00 | 1,069.00 | 1,124.00 | 1,146.00 | 1,054.00 | 910.00 | 1,031.00 | 803.00 | 840.00 | 760.00 |
| Total operating expenses | 15.00 | -9.00 | -40.00 | -14.00 | -49.00 | -6.00 | -23.00 | 69.00 | -36.00 | 2.00 | 6.00 | -45.00 | -24.00 | 9.00 | -39.00 | -7.00 | -24.00 | -33.00 | 8.00 | -41.00 | 4.00 | -75.00 | -11.00 | 127.00 | -31.00 | -26.00 | -42.00 | -15.00 | -95.00 | 91.00 | -42.00 | -42.00 | -67.00 | -240.00 | -77.00 | -60.00 | 4.00 | -75.00 | -204.00 | -145.00 | -63.00 | 42.00 | -95.00 | -74.00 | -93.00 | 135.00 | -117.00 | -85.00 | -61.00 | -96.00 | -70.00 | -74.00 | -78.00 | -66.00 | -117.00 | -20.00 | -35.00 | -276.00 | -45.00 | -87.00 | -50.00 | -261.00 | -91.00 | -75.00 | 166.00 | -59,304.00 | 89.00 | 71.00 | -52.00 | 281.00 | -120.00 | -172.00 | -109.00 | 306.00 | -17.00 | -177.00 | -112.00 | 205.00 | -102.00 | -103.00 | 8,243.00 |
| Operating income | 2,063.00 | 2,331.00 | 2,280.00 | 748.00 | 2,372.00 | 696.00 | 2,140.00 | 2,148.00 | 2,029.00 | 2,293.00 | 2,042.00 | 2,135.00 | 2,037.00 | 2,293.00 | 2,159.00 | 1,956.00 | 1,933.00 | 2,455.00 | 2,294.00 | 2,192.00 | 2,182.00 | 2,289.00 | 2,147.00 | 2,086.00 | 2,122.00 | 2,149.00 | 2,105.00 | 2,008.00 | 2,283.00 | 1,851.00 | 1,963.00 | 1,795.00 | 1,725.00 | 1,859.00 | 1,428.00 | 1,485.00 | 1,149.00 | 1,428.00 | 1,588.00 | 1,375.00 | 1,158.00 | 1,281.00 | 1,192.00 | 1,445.00 | 1,356.00 | 1,342.00 | 1,392.00 | 1,426.00 | 1,432.00 | 834.00 | 1,254.00 | 1,298.00 | 1,119.00 | 1,124.00 | 1,137.00 | 1,192.00 | 1,009.00 | 1,082.00 | 1,041.00 | 993.00 | 864.00 | 1,338.00 | 889.00 | 1,135.00 | 982.00 | 1,241.00 | 1,085.00 | 1,083.00 | 1,057.00 | 1,348.00 | 1,242.00 | 1,363.00 | 1,178.00 | 1,215.00 | 1,163.00 | 1,231.00 | 1,022.00 | 1,134.00 | 905.00 | 943.00 | 760.00 |
| Non-operating income (net) | -289.00 | -800.00 | -342.00 | -331.00 | -336.00 | -177.00 | -222.00 | -200.00 | -194.00 | -148.00 | -89.00 | -129.00 | -43.00 | -103.00 | -60.00 | -1,626.00 | 128.00 | 35.00 | -1,615.00 | -22.00 | 29.00 | -102.00 | -91.00 | -124.00 | -92.00 | -317.00 | -324.00 | -325.00 | -338.00 | -368.00 | -388.00 | -375.00 | -365.00 | -167.00 | -169.00 | -162.00 | -154.00 | -173.00 | -161.00 | 25.00 | -24.00 | -118.00 | 59.00 | -102.00 | -90.00 | -84.00 | -81.00 | -85.00 | -84.00 | -88.00 | -81.00 | -87.00 | -94.00 | -166.00 | -91.00 | -75.00 | -61.00 | -116.00 | -92.00 | -84.00 | -78.00 | -269.00 | -48.00 | -105.00 | -60.00 | -61.00 | -13.00 | -29.00 | -79.00 | -179.00 | -98.00 | -58.00 | -94.00 | -33.00 | -44.00 | -93.00 | -93.00 | -85.00 | -90.00 | -92.00 | 117.00 |
| Income before tax | 1,774.00 | 1,531.00 | 1,938.00 | 417.00 | 2,036.00 | 519.00 | 1,918.00 | 1,948.00 | 1,835.00 | 2,145.00 | 1,953.00 | 2,006.00 | 1,994.00 | 2,190.00 | 2,099.00 | 330.00 | 2,061.00 | 2,490.00 | 679.00 | 2,170.00 | 2,211.00 | 2,187.00 | 2,056.00 | 1,962.00 | 2,030.00 | 1,832.00 | 1,781.00 | 1,683.00 | 1,945.00 | 1,483.00 | 1,575.00 | 1,420.00 | 1,360.00 | 1,692.00 | 1,259.00 | 1,323.00 | 995.00 | 1,255.00 | 1,427.00 | 1,400.00 | 1,134.00 | 1,163.00 | 1,251.00 | 1,343.00 | 1,266.00 | 1,258.00 | 1,311.00 | 1,341.00 | 1,348.00 | 746.00 | 1,173.00 | 1,211.00 | 1,025.00 | 958.00 | 1,046.00 | 1,117.00 | 948.00 | 966.00 | 949.00 | 909.00 | 786.00 | 1,069.00 | 841.00 | 1,030.00 | 922.00 | 1,180.00 | 1,072.00 | 1,054.00 | 978.00 | 1,169.00 | 1,144.00 | 1,305.00 | 1,084.00 | 1,182.00 | 1,119.00 | 1,138.00 | 929.00 | 1,049.00 | 815.00 | 851.00 | 877.00 |
| Income tax expense | 286.00 | 187.00 | 319.00 | 75.00 | 324.00 | -8.00 | 295.00 | 307.00 | 290.00 | 279.00 | 269.00 | 325.00 | 328.00 | 278.00 | 321.00 | 21.00 | 328.00 | 441.00 | 65.00 | 355.00 | 374.00 | 395.00 | 303.00 | 336.00 | 313.00 | 334.00 | 173.00 | 263.00 | 241.00 | 230.00 | 102.00 | 257.00 | 203.00 | 2,407.00 | 320.00 | 381.00 | 232.00 | 296.00 | 338.00 | 379.00 | 340.00 | 230.00 | 386.00 | 414.00 | 388.00 | 354.00 | 423.00 | 452.00 | 415.00 | 258.00 | 331.00 | 352.00 | 264.00 | 389.00 | 319.00 | 336.00 | 283.00 | 268.00 | 284.00 | 167.00 | 238.00 | 240.00 | 276.00 | 303.00 | 375.00 | 353.00 | 275.00 | 320.00 | 312.00 | 346.00 | 362.00 | 423.00 | 354.00 | 383.00 | 353.00 | 360.00 | 239.00 | 320.00 | 186.00 | 271.00 | 286.00 |
| Net income | 1,488.00 | 1,344.00 | 1,619.00 | 342.00 | 1,712.00 | 527.00 | 1,623.00 | 1,641.00 | 1,545.00 | 1,866.00 | 1,684.00 | 1,681.00 | 1,689.00 | 1,912.00 | 1,778.00 | 309.00 | 1,733.00 | 2,049.00 | 614.00 | 1,815.00 | 1,837.00 | 1,792.00 | 1,698.00 | 1,626.00 | 1,717.00 | 1,498.00 | 1,608.00 | 1,420.00 | 1,704.00 | 1,253.00 | 1,473.00 | 1,163.00 | 1,157.00 | -642.00 | 939.00 | 942.00 | 763.00 | 988.00 | 2,395.00 | 1,021.00 | 794.00 | 933.00 | 865.00 | 929.00 | 878.00 | 904.00 | 888.00 | 889.00 | 933.00 | 488.00 | 873.00 | 859.00 | 761.00 | 569.00 | 727.00 | 781.00 | 668.00 | 683.00 | 700.00 | 742.00 | 530.00 | 983.00 | 571.00 | 825.00 | 547.00 | 827.00 | 797.00 | 734.00 | 666.00 | 823.00 | 782.00 | 882.00 | 730.00 | 799.00 | 766.00 | 778.00 | 690.00 | 729.00 | 629.00 | 580.00 | 591.00 |