Other

Increase (decrease) in contract liabilities and current deferred income

Lockheed Martin Increase (decrease) in contract liabilities and current deferred income decreased by 159.7% to -$705.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 67.9%, from -$420.00M to -$705.00M. Over 3 years (FY 2022 to FY 2025), Increase (decrease) in contract liabilities and current deferred income shows an upward trend with a 47.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase signals strong future demand and booking momentum, while a decrease may indicate lower forward bookings.

Detailed definition

Represents the net change in customer deposits or advance payments received for services that have not yet been performe...

Peer comparison

Highly comparable across travel, hospitality, and subscription-based businesses.

Metric ID: other_increase_decrease_in_contract_with_customer_liability

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$592.00M-$205.00M$175.00M-$18.00M$429.00M-$152.00M-$152.00M-$248.00M$1.25B-$445.00M$436.00M-$130.00M$744.00M-$420.00M$60.00M$398.00M$1.18B-$705.00M
QoQ Change-134.6%+185.4%-110.3%>999%-135.4%+0.0%-63.2%+605.6%-135.5%+198.0%-129.8%+672.3%-156.5%+114.3%+563.3%+196.7%-159.7%
YoY Change-27.5%+25.9%-186.9%<-999%+192.3%-192.8%+386.8%+47.6%-40.7%+5.6%-86.2%+406.2%+58.7%-67.9%
Range-$705.00M$1.25B
CAGR+4.2%
Avg YoY Growth-54.0%
Median YoY Growth-11.0%

Product Breakdown

View all
SegmentQ1 '26
Missile Defense Programs At MFC-$705.00M
Total-$705.00M

Increase (decrease) in contract liabilities and current deferred income at Other Companies

Frequently Asked Questions

What is Lockheed Martin's increase (decrease) in contract liabilities and current deferred income?
Lockheed Martin (LMT) reported increase (decrease) in contract liabilities and current deferred income of -$705.00M in Q1 2026.
How has Lockheed Martin's increase (decrease) in contract liabilities and current deferred income changed year-over-year?
Lockheed Martin's increase (decrease) in contract liabilities and current deferred income decreased by 67.9% year-over-year, from -$420.00M to -$705.00M.
What is the long-term trend for Lockheed Martin's increase (decrease) in contract liabilities and current deferred income?
Over 3 years (2022 to 2025), Lockheed Martin's increase (decrease) in contract liabilities and current deferred income has grown at a 47.4% compound annual growth rate (CAGR), from $381.00M to $1.22B.
What does increase (decrease) in contract liabilities and current deferred income mean?
The net change in advance payments received from customers for future services.