Current Liabilities
Accrued Expenses
Lockheed Martin Accrued Expenses decreased by 16.0% to $2.68B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.9%, from $2.39B to $2.68B. Over 5 years (FY 2020 to FY 2025), Accrued Expenses shows relatively stable performance with a 0.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 23, 2026
How to read this metric
Rising accruals can indicate growing operational activity or changes in timing of payroll and tax obligations.
Detailed definition
These are liabilities for expenses that have been incurred but not yet invoiced or paid by the end of the reporting peri...
Peer comparison
Standard accounting practice; comparable across all large-scale manufacturing firms.
Metric ID:
accrued_expensesHistorical Data
20 periods
| 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 | $3.03B | $3.12B | $3.11B | $2.67B | $2.94B | $3.15B | $3.08B | $2.63B | $2.90B | $3.14B | $3.13B | $2.68B | $2.87B | $3.08B | $3.13B | $2.39B | $2.76B | $3.07B | $3.18B | $2.68B |
| QoQ Change | — | +3.1% | -0.4% | -14.1% | +9.9% | +7.4% | -2.4% | -14.3% | +9.9% | +8.4% | -0.2% | -14.5% | +7.2% | +7.1% | +1.6% | -23.5% | +15.5% | +11.0% | +3.9% | -16.0% |
| YoY Change | — | — | — | — | -3.1% | +0.9% | -1.1% | -1.4% | -1.3% | -0.4% | +1.9% | +1.7% | -0.9% | -2.0% | -0.3% | -10.8% | -3.8% | -0.4% | +1.9% | +11.9% |
Range$2.39B – $3.18B
CAGR-2.6%
Avg YoY Growth-0.4%
Median YoY Growth-0.6%
Accrued Expenses at Other Companies
Frequently Asked Questions
- What is Lockheed Martin's accrued expenses?
- Lockheed Martin (LMT) reported accrued expenses of $2.68B in Q1 2026.
- How has Lockheed Martin's accrued expenses changed year-over-year?
- Lockheed Martin's accrued expenses increased by 11.9% year-over-year, from $2.39B to $2.68B.
- What is the long-term trend for Lockheed Martin's accrued expenses?
- Over 5 years (2020 to 2025), Lockheed Martin's accrued expenses has grown at a 0.1% compound annual growth rate (CAGR), from $3.16B to $3.18B.
- What does accrued expenses mean?
- Expenses the company has incurred but has not yet paid or received a bill for.