LMT: Lockheed Martin Corporation Financials
LMT Income Statement
Total revenue
Net income
Gross margin TTM
10.15%
Operating margin TTM
10.3%
Net profit margin TTM
6.68%
Return on investment TTM
—
| Period end | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Total revenue | 75,057,000,000 | 71,043,000,000 | 67,571,000,000 | 65,984,000,000 |
| Operating income | 7,731,000,000 | 7,013,000,000 | 8,507,000,000 | 8,348,000,000 |
| Net income | 5,017,000,000 | 5,336,000,000 | 6,920,000,000 | 5,732,000,000 |
All line items
| Line item | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Total revenue | 75,057,000,000 | 71,043,000,000 | 67,571,000,000 | 65,984,000,000 |
| Cost of revenue | 67,429,000,000 | 64,113,000,000 | 59,092,000,000 | 57,697,000,000 |
| Gross profit | 7,619,000,000 | 6,930,000,000 | 8,479,000,000 | 8,287,000,000 |
| Research and development expenses | 2,000,000,000 | 1,600,000,000 | 1,500,000,000 | 1,700,000,000 |
| General and administrative expenses | 0 | 0 | 0 | 0 |
| Selling and marketing expenses | 0 | 0 | 0 | 0 |
| Selling, general and administrative expenses | 50,000,000 | 137,000,000 | 499,000,000 | 865,000,000 |
| Other expenses | -2,162,000,000 | -1,820,000,000 | -2,027,000,000 | -2,626,000,000 |
| Operating expenses | -112,000,000 | -83,000,000 | -28,000,000 | -61,000,000 |
| Cost and expenses | 67,326,000,000 | 64,030,000,000 | 59,064,000,000 | 57,636,000,000 |
| Net interest income | -1,118,000,000 | -1,036,000,000 | -916,000,000 | -623,000,000 |
| Interest income | 0 | 0 | 0 | 0 |
| Interest expense | 1,118,000,000 | 1,036,000,000 | 916,000,000 | 623,000,000 |
| Depreciation and amortization | 714,000,000 | 1,560,000,000 | 1,430,000,000 | 1,404,000,000 |
| EBITDA | 7,754,000,000 | 8,816,000,000 | 10,444,000,000 | 8,707,000,000 |
| EBIT | 7,040,000,000 | 7,256,000,000 | 9,014,000,000 | 7,303,000,000 |
| Non-operating income (excl. interest) | 691,000,000 | -243,000,000 | -507,000,000 | 1,045,000,000 |
| Operating income | 7,731,000,000 | 7,013,000,000 | 8,507,000,000 | 8,348,000,000 |
| Total other income/expenses (net) | -1,809,000,000 | -793,000,000 | -409,000,000 | -1,668,000,000 |
| Income before tax | 5,922,000,000 | 6,220,000,000 | 8,098,000,000 | 6,680,000,000 |
| Income tax expense | 905,000,000 | 884,000,000 | 1,178,000,000 | 948,000,000 |
| Net income from continuing operations | 5,017,000,000 | 5,336,000,000 | 6,920,000,000 | 5,732,000,000 |
| Net income from discontinued operations | 0 | 0 | 0 | 0 |
| Other adjustments to net income | 0 | 0 | 0 | 0 |
| Net income | 5,017,000,000 | 5,336,000,000 | 6,920,000,000 | 5,732,000,000 |
| Net income deductions | 0 | 0 | 0 | 0 |
| Bottom line net income | 5,017,000,000 | 5,336,000,000 | 6,920,000,000 | 5,732,000,000 |
| EPS | 22 | 22 | 28 | 22 |
| Diluted EPS | 21 | 22 | 28 | 22 |
| Weighted average shares outstanding | 230,900,000 | 238,300,000 | 250,300,000 | 263,700,000 |
| Weighted average diluted shares outstanding | 231,900,000 | 239,200,000 | 251,200,000 | 264,600,000 |