Income StatementBalance SheetCash FlowSegments
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Lockheed Martin Income Statement

Revenue, expenses, and profitability over time

Lockheed Martin generated $75.1B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $4.8B with a 6.38% net margin. Gross margin stands at 9.82% and operating margin at 9.88%. Diluted EPS is $20.65, which declined 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$75.1BGross Profit (TTM)$7.4BOperating Income (TTM)$7.4BNet Income (TTM)$4.8BEps Diluted (TTM)$20.65
Latest FilingQ1 2026
Report Date2026-04-23
Market Cap$122.95B
P/E Ratio25.65
ROE67.64%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net$6.0M$49.0M$14.0M$40.0M$9.0M-$15.0M
Other operating income (expense), net$6.0M$49.0M$14.0M$40.0M$9.0M-$15.0M
Other operating expenses$6.0M$49.0M$14.0M$40.0M$9.0M-$15.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Income$6.0M$49.0M$14.0M$40.0M$9.0M-$15.0M
Other operating income (expense), net$6.0M$49.0M$14.0M$40.0M$9.0M-$15.0M
Gross profit$690.0M$2.3B$734.0M$2.2B$2.3B$2.1B
Operating income$696.0M$2.4B$748.0M$2.3B$2.3B$2.1B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$2.27$7.30$1.46$6.98$5.82$6.47
Diluted earnings per share$2.26$7.28$1.46$6.95$5.80$6.44

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Charges$72.0M$30.0M$42.0M$43.0M$68.0M$60.0M
Interest expense$264.0M$268.0M$274.0M$286.0M$290.0M$269.0M
Non-service pension and postretirement benefit expense-$15.0M$98.0M$99.0M$99.0M$578.0M$80.0M
Other income (expense), net$72.0M$30.0M$42.0M$43.0M$68.0M$60.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$519.0M$2.0B$417.0M$1.9B$1.5B$1.8B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$0.0$324.0M$75.0M$319.0M$187.0M$286.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$527.0M$1.7B$342.0M$1.6B$1.3B$1.5B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other income, net (Note 6)$72.0M$30.0M$42.0M$43.0M$68.0M$60.0M
Other income, net$6.0M$49.0M$14.0M$40.0M$9.0M-$15.0M
Other Unallocated (Income) Expense-$312.0M-$284.0M-$244.0M-$210.0M-$258.0M-$239.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$17.9B$15.6B$17.4B$16.4B$18.0B$15.9B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$18.6B$18.0B$18.2B$18.6B$20.3B$18.0B