Current Assets
Inventories
Lockheed Martin Inventories increased by 20.6% to $4.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.1%, from $3.6B to $4.25B. Over 5 years (FY 2020 to FY 2025), Inventories shows relatively stable performance with a -0.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 23, 2026
How to read this metric
Rising inventory levels may signal anticipated demand growth or potential supply chain bottlenecks, while falling levels may indicate efficient lean manufacturing or slowing production.
Detailed definition
This includes the value of raw materials, work-in-progress, and finished goods held by the company for production or sal...
Peer comparison
Standard manufacturing metric; defense peers often hold higher inventories due to long lead times for specialized components.
Metric ID:
inventoriesHistorical 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 | $3.12B | $2.9B | $2.98B | $3.14B | $3.43B | $3.11B | $3.09B | $3.47B | $3.5B | $3.31B | $3.13B | $3.28B | $3.1B | $3.23B | $3.47B | $3.6B | $3.7B | $3.75B | $3.52B | $4.25B |
| QoQ Change | — | -6.9% | +2.7% | +5.5% | +9.1% | -9.3% | -0.8% | +12.4% | +0.8% | -5.3% | -5.4% | +4.7% | -5.5% | +4.4% | +7.4% | +3.6% | +2.8% | +1.4% | -6.0% | +20.6% |
| YoY Change | — | — | — | — | +10.0% | +7.2% | +3.6% | +10.4% | +2.0% | +6.4% | +1.4% | -5.6% | -11.5% | -2.4% | +10.9% | +9.8% | +19.4% | +15.9% | +1.4% | +18.1% |
Range$2.9B – $4.25B
CAGR+6.7%
Avg YoY Growth+6.1%
Median YoY Growth+6.8%
Inventories at Other Companies
Frequently Asked Questions
- What is Lockheed Martin's inventories?
- Lockheed Martin (LMT) reported inventories of $4.25B in Q1 2026.
- How has Lockheed Martin's inventories changed year-over-year?
- Lockheed Martin's inventories increased by 18.1% year-over-year, from $3.6B to $4.25B.
- What is the long-term trend for Lockheed Martin's inventories?
- Over 5 years (2020 to 2025), Lockheed Martin's inventories has grown at a -0.1% compound annual growth rate (CAGR), from $3.55B to $3.52B.
- What does inventories mean?
- The total value of all goods and materials currently held by the company for production or sale.