Accounts Receivable
Lockheed Martin Accounts Receivable decreased by 40.5% to $2.32B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.7%, from $2.02B to $2.32B. Over 5 years (FY 2020 to FY 2025), Accounts Receivable shows an upward trend with a 14.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A rising balance relative to revenue may indicate slower collections or potential credit risk, while a falling balance suggests efficient cash conversion.
Detailed definition
This represents the balance of money owed to the company by customers for goods or services delivered, net of any allowa...
Peer comparison
Common in B2B and government contracting; peers with similar contract structures show comparable DSO (days sales outstanding) trends.
accounts_receivable_netHistorical 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.61B | $2.27B | $1.96B | $2.53B | $3.4B | $2.48B | $2.51B | $2.58B | $3.43B | $2.41B | $2.13B | $2.26B | $2.93B | $2.14B | $2.35B | $2.02B | $3.31B | $3.84B | $3.9B | $2.32B |
| QoQ Change | — | -13.2% | -13.4% | +28.7% | +34.6% | -27.0% | +0.8% | +3.1% | +32.7% | -29.8% | -11.4% | +5.9% | +29.8% | -26.9% | +9.8% | -13.9% | +63.3% | +16.3% | +1.5% | -40.5% |
| YoY Change | — | — | — | — | +30.3% | +9.6% | +27.6% | +2.2% | +0.8% | -3.2% | -14.9% | -12.6% | -14.5% | -11.0% | +10.3% | -10.3% | +12.8% | +79.5% | +65.9% | +14.7% |
Business Segments
| Segment | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|
| RMS | $680M | $655M | $625M | $605M |
| Total | $3.31B | $3.84B | $3.9B | $2.32B |
Accounts Receivable at Other Companies
Frequently Asked Questions
- What is Lockheed Martin's accounts receivable?
- Lockheed Martin (LMT) reported accounts receivable of $2.32B in Q1 2026.
- How has Lockheed Martin's accounts receivable changed year-over-year?
- Lockheed Martin's accounts receivable increased by 14.7% year-over-year, from $2.02B to $2.32B.
- What is the long-term trend for Lockheed Martin's accounts receivable?
- Over 5 years (2020 to 2025), Lockheed Martin's accounts receivable has grown at a 14.5% compound annual growth rate (CAGR), from $1.98B to $3.9B.
- What does accounts receivable mean?
- The amount of money customers owe the company for products or services already delivered.