Lockheed MartinLMTEarnings & Financial Report
The Lockheed Martin Corporation is an American defense and aerospace manufacturer. It is headquartered in North Bethesda, Maryland, United States. The company was formed by the merger of Lockheed Corporation with Martin Marietta on March 15, 1995.
LMT Q4 2025 Key Financial Metrics
Revenue
$20.3B
Gross Profit
$2.3B
Operating Profit
$2.3B
Net Profit
$1.3B
Gross Margin
11.4%
Operating Margin
11.5%
Net Margin
6.6%
YoY Growth
9.1%
EPS
$5.80
Financial Flow
Lockheed Martin Q4 2025 Financial Summary
Lockheed Martin reported revenue of $20.3B for Q4 2025, with a net profit of $1.3B (6.6% margin). Cost of goods sold was $18.0B, operating expenses totaled $-9.0M.
Key Financial Metrics
| Total Revenue | $20.3B |
|---|---|
| Net Profit | $1.3B |
| Gross Margin | 11.4% |
| Operating Margin | 11.5% |
| Report Period | Q4 2025 |
Lockheed Martin Annual Revenue by Year
Lockheed Martin annual revenue history includes year-by-year totals (for example, 2025 revenue was $75.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $75.0B |
| 2024 | $71.0B |
| 2023 | $67.6B |
| 2022 | $66.0B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.20B | $18.12B | $17.10B | $18.62B | $17.96B | $18.16B | $18.61B | $20.32B |
| YoY Growth | 13.7% | 8.6% | 1.3% | -1.3% | 4.5% | 0.2% | 8.8% | 9.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $54.96B | $55.08B | $55.52B | $55.62B | $56.67B | $58.87B | $60.28B | $59.84B |
| Liabilities | $48.31B | $48.90B | $48.32B | $49.28B | $49.99B | $53.54B | $54.09B | $53.12B |
| Equity | $6.65B | $6.17B | $7.20B | $6.33B | $6.68B | $5.33B | $6.18B | $6.72B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.64B | $1.88B | $2.44B | $1.02B | $1.41B | $201.0M | $3.73B | $3.22B |
Other Industrials Companies
AXON
Axon Enterprise
Revenue
$710.6M
Net Profit
$-2.2M
BA
Boeing
Revenue
$23.9B
Net Profit
$8.2B
GE
GE Aerospace
Revenue
$12.7B
Net Profit
$2.5B
GD
General Dynamics
Revenue
$14.4B
Net Profit
$1.1B
HWM
Howmet Aerospace
Revenue
$2.2B
Net Profit
$372.0M
HII
Huntington Ingalls Industries
Revenue
$3.5B
Net Profit
$159.0M
LHX
L3Harris
Revenue
$21.9B
Net Profit
N/A
NOC
Northrop Grumman
Revenue
$11.7B
Net Profit
$1.4B
RTX
RTX Corporation
Revenue
$24.2B
Net Profit
$1.6B
TXT
Textron
Revenue
$4.2B
Net Profit
$235.0M