Deferred Revenue
Lockheed Martin Deferred Revenue increased by 11.5% to $11.44B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.8%, from $9.80B to $11.44B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 8.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Detailed definition
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
Peer comparison
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_currentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.38B | $7.52B | $8.11B | $7.90B | $8.08B | $8.06B | $8.49B | $8.34B | $8.18B | $7.94B | $9.19B | $8.75B | $9.18B | $9.05B | $9.80B | $9.38B | $9.86B | $10.26B | $11.44B |
| QoQ Change | — | +1.8% | +7.9% | -2.5% | +2.2% | -0.2% | +5.3% | -1.8% | -1.8% | -3.0% | +15.8% | -4.8% | +5.0% | -1.4% | +8.2% | -4.3% | +5.2% | +4.0% | +11.5% |
| YoY Change | — | — | — | — | +9.5% | +7.2% | +4.7% | +5.5% | +1.3% | -1.5% | +8.3% | +4.9% | +12.2% | +14.0% | +6.6% | +7.2% | +7.4% | +13.3% | +16.8% |
Business Segments
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Lockheed Martin's deferred revenue?
- Lockheed Martin (LMT) reported deferred revenue of $11.44B in Q4 2025.
- How has Lockheed Martin's deferred revenue changed year-over-year?
- Lockheed Martin's deferred revenue increased by 16.8% year-over-year, from $9.80B to $11.44B.
- What is the long-term trend for Lockheed Martin's deferred revenue?
- Over 5 years (2020 to 2025), Lockheed Martin's deferred revenue has grown at a 8.7% compound annual growth rate (CAGR), from $7.55B to $11.44B.
- What does deferred revenue mean?
- Money collected from customers for products or services that haven't been delivered yet but will be within a year.