Current Assets

Prepaid & Other Current

Lockheed Martin Prepaid & Other Current decreased by 10.7% to $728.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.3%, from $698.00M to $728.00M. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows a downward trend with a -6.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 23, 2026

How to read this metric

Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.

Detailed definition

Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...

Peer comparison

Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.

Metric ID: prepaid_and_other_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$774.00M$763.00M$688.00M$706.00M$613.00M$600.00M$533.00M$461.00M$481.00M$449.00M$632.00M$583.00M$510.00M$461.00M$584.00M$698.00M$794.00M$924.00M$815.00M$728.00M
QoQ Change-1.4%-9.8%+2.6%-13.2%-2.1%-11.2%-13.5%+4.3%-6.7%+40.8%-7.8%-12.5%-9.6%+26.7%+19.5%+13.8%+16.4%-11.8%-10.7%
YoY Change-20.8%-21.4%-22.5%-34.7%-21.5%-25.2%+18.6%+26.5%+6.0%+2.7%-7.6%+19.7%+55.7%+100.4%+39.6%+4.3%
Range$449.00M$924.00M
CAGR-1.3%
Avg YoY Growth+7.5%
Median YoY Growth+3.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Lockheed Martin's prepaid & other current?
Lockheed Martin (LMT) reported prepaid & other current of $728.00M in Q1 2026.
How has Lockheed Martin's prepaid & other current changed year-over-year?
Lockheed Martin's prepaid & other current increased by 4.3% year-over-year, from $698.00M to $728.00M.
What is the long-term trend for Lockheed Martin's prepaid & other current?
Over 5 years (2020 to 2025), Lockheed Martin's prepaid & other current has grown at a -6.7% compound annual growth rate (CAGR), from $1.15B to $815.00M.
What does prepaid & other current mean?
Assets representing payments made for future services or miscellaneous short-term holdings.