Non-Current Assets

Intangibles (Net)

Lockheed Martin Intangibles (Net) decreased by 2.6% to $1.84B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.9%, from $1.95B to $1.84B. Over 5 years (FY 2020 to FY 2025), Intangibles (Net) shows a downward trend with a -8.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 23, 2026

How to read this metric

Higher values suggest a strong portfolio of intellectual property or competitive advantages, while declining values reflect the amortization of these assets over time.

Detailed definition

This includes non-physical assets such as patents, trademarks, software, and customer contracts acquired through busines...

Peer comparison

Critical for technology and defense firms where intellectual property is a primary driver of competitive advantage.

Metric ID: intangible_assets_net

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$2.85B$2.77B$2.71B$2.64B$2.58B$2.52B$2.46B$2.40B$2.34B$2.27B$2.21B$2.15B$2.04B$1.98B$2.02B$1.95B$2.01B$1.94B$1.89B$1.84B
QoQ Change-2.8%-2.2%-2.3%-2.3%-2.4%-2.5%-2.5%-2.5%-2.7%-2.7%-2.8%-5.2%-3.0%+1.8%-3.1%+3.1%-3.5%-2.9%-2.6%
YoY Change-9.3%-8.9%-9.1%-9.3%-9.6%-9.8%-10.0%-10.3%-12.7%-13.0%-8.9%-9.3%-1.3%-1.8%-6.4%-5.9%
Range$1.84B$2.85B
CAGR-8.8%
Avg YoY Growth-8.5%
Median YoY Growth-9.3%
Current Streak3 quarters decline

Frequently Asked Questions

What is Lockheed Martin's intangibles (net)?
Lockheed Martin (LMT) reported intangibles (net) of $1.84B in Q1 2026.
How has Lockheed Martin's intangibles (net) changed year-over-year?
Lockheed Martin's intangibles (net) decreased by 5.9% year-over-year, from $1.95B to $1.84B.
What is the long-term trend for Lockheed Martin's intangibles (net)?
Over 5 years (2020 to 2025), Lockheed Martin's intangibles (net) has grown at a -8.9% compound annual growth rate (CAGR), from $3.01B to $1.89B.
What does intangibles (net) mean?
The value of non-physical assets like patents and trademarks, minus accumulated amortization.