LMT
Lockheed Martin Corporation
Stock
$505.41−0.09 (−0.02%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $77.0B | $75.0B | $71.0B | $67.6B | $66.0B | $67.0B | $65.4B | $59.8B | $53.8B | $50.0B | $47.3B | $40.5B | $39.9B | $45.4B | $47.2B | $46.5B | $45.7B | $43.9B | $41.4B | $41.9B |
| Cost of revenue | $67.9B | $67.4B | $64.1B | $59.1B | $57.7B | $58.0B | $56.7B | $51.4B | $46.5B | $43.6B | $41.9B | $36.0B | $35.3B | $41.2B | $43.0B | $42.8B | $41.8B | $39.7B | $36.8B | $37.6B |
| Gross profit | $9.1B | $7.6B | $6.9B | $8.5B | $8.3B | $9.1B | $8.7B | $8.4B | $7.3B | $6.4B | $5.4B | $4.5B | $4.7B | $4.2B | $4.2B | $3.7B | $3.8B | $4.1B | $4.6B | $4.2B |
| R&D | — | $2.0B | $1.6B | $1.5B | $1.7B | $1.5B | $1.3B | $1.3B | $1.3B | $1.2B | $988M | $817M | $733M | $697M | $616M | $585M | $639M | $717M | $698M | — |
| Operating income | $9.2B | $7.7B | $7.0B | $8.5B | $8.3B | $9.1B | $8.6B | $8.5B | $7.3B | $6.7B | $5.9B | $4.7B | $5.0B | $4.5B | $4.4B | $4.0B | $4.1B | $4.4B | $5.0B | $4.5B |
| Non-operating income | −$1.7B | −$1.8B | −$793M | −$409M | −$1.7B | −$1.6B | −$409M | −$1.3B | −$1.5B | −$1.5B | −$1.1B | −$413M | −$335M | −$350M | −$362M | −$389M | −$327M | −$185M | — | — |
| Pretax income | $7.4B | $5.9B | $6.2B | $8.1B | $6.7B | $7.6B | $8.2B | $7.2B | $5.8B | $5.2B | $4.8B | $4.3B | $4.7B | $4.2B | $4.1B | $3.6B | $3.8B | $4.2B | — | — |
| Taxes | $1.1B | $905M | $884M | $1.2B | $948M | $1.2B | $1.4B | $1.0B | $792M | $3.3B | −$419M | $694M | $1.1B | $1.2B | $1.3B | $976M | $900M | $1.2B | — | — |
| Net income | $6.3B | $5.0B | $5.3B | $6.9B | $5.7B | $6.3B | $6.8B | $6.2B | $5.0B | $2.0B | $5.2B | $3.6B | $3.6B | $3.0B | $2.7B | $2.7B | $2.9B | $3.0B | $3.2B | $3.0B |
| Diluted EPS | $27.13 | $21.49 | $22.31 | $27.55 | $21.66 | $22.76 | $24.30 | $21.95 | $17.59 | $6.75 | $17.07 | $11.46 | $11.21 | $9.13 | $8.36 | $7.81 | $7.81 | $7.64 | $7.86 | $7.10 |
| Diluted shares | — | 233.5M | 239.2M | 251.2M | 264.6M | 277.4M | 281.2M | 283.8M | 286.8M | 290.6M | 303.1M | 314.7M | 322.4M | 326.5M | 328.4M | 339.9M | 368.3M | 388.9M | 409.4M | — |
| Revenue growth | — | +5.6% | +5.1% | +2.4% | −1.6% | +2.5% | +9.3% | +11.3% | +7.6% | +5.6% | +16.7% | +1.5% | −11.9% | −3.9% | +1.5% | +1.8% | +4.1% | +6.0% | −1.2% | — |
| Gross margin | 11.8% | 10.2% | 9.8% | 12.5% | 12.6% | 13.5% | 13.2% | 14.0% | 13.5% | 12.8% | 11.4% | 11.1% | 11.7% | 9.2% | 8.9% | 8.1% | 8.4% | 9.5% | 11.1% | 10.1% |
| Operating margin | 11.9% | 10.3% | 9.9% | 12.6% | 12.7% | 13.6% | 13.2% | 14.3% | 13.6% | 13.5% | 12.5% | 11.6% | 12.5% | 9.9% | 9.4% | 8.6% | 9.0% | 10.0% | 12.2% | 10.8% |
| Net margin | 8.2% | 6.7% | 7.5% | 10.2% | 8.7% | 9.4% | 10.4% | 10.4% | 9.4% | 3.9% | 10.9% | 8.9% | 9.0% | 6.6% | 5.8% | 5.7% | 6.3% | 6.8% | 7.8% | 7.2% |