Operating
Deferred Taxes
Lockheed Martin Deferred Taxes decreased by 46.3% to $161.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 573.5%, from -$34.00M to $161.00M. Over 3 years (FY 2022 to FY 2025), Deferred Taxes shows an upward trend with a -21.1% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
Positive values indicate tax benefits that improve cash flow, while negative values indicate cash tax outflows exceeding accounting expense.
Detailed definition
This reflects the difference between income tax expense recognized in the financial statements and the actual tax payabl...
Peer comparison
Common across all industries; highly dependent on specific tax jurisdictions and capital expenditure cycles.
Metric ID:
deferred_income_taxesHistorical Data
18 periods
| Q3 '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 | -$259.00M | -$31.00M | -$394.00M | -$115.00M | -$217.00M | -$117.00M | -$117.00M | -$161.00M | -$103.00M | -$77.00M | -$68.00M | -$29.00M | -$414.00M | -$34.00M | -$527.00M | $633.00M | $300.00M | $161.00M |
| QoQ Change | — | +88.0% | <-999% | +70.8% | -88.7% | +46.1% | +0.0% | -37.6% | +36.0% | +25.2% | +11.7% | +57.4% | <-999% | +91.8% | <-999% | +220.1% | -52.6% | -46.3% |
| YoY Change | — | — | — | +55.6% | — | -277.4% | +70.3% | -40.0% | +52.5% | +34.2% | +41.9% | +82.0% | -301.9% | +55.8% | -675.0% | >999% | +172.5% | +573.5% |
Range-$527.00M – $633.00M
CAGR-10.6%
Avg YoY Growth+151.9%
Median YoY Growth+54.1%
Current Streak2 quarters decline
Deferred Taxes at Other Companies
Frequently Asked Questions
- What is Lockheed Martin's deferred taxes?
- Lockheed Martin (LMT) reported deferred taxes of $161.00M in Q1 2026.
- How has Lockheed Martin's deferred taxes changed year-over-year?
- Lockheed Martin's deferred taxes increased by 573.5% year-over-year, from -$34.00M to $161.00M.
- What is the long-term trend for Lockheed Martin's deferred taxes?
- Over 3 years (2022 to 2025), Lockheed Martin's deferred taxes has grown at a -21.1% compound annual growth rate (CAGR), from -$757.00M to $372.00M.
- What does deferred taxes mean?
- The difference between tax reported on the income statement and actual cash taxes paid.