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Business Segments · Total operating costs and expenses

MFC — Total operating costs and expenses

Lockheed Martin MFC — Total operating costs and expenses decreased by 9.6% to $3.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.3%, from $2.91B to $3.15B. Over 3 years (FY 2022 to FY 2025), MFC — Total operating costs and expenses shows an upward trend with a 8.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 23, 2026

How to read this metric

A decrease relative to sales indicates improved operational efficiency and margin expansion.

Detailed definition

The aggregate of all costs incurred to generate revenue, including cost of goods sold, research and development, and adm...

Peer comparison

Standard operating expense metric used to evaluate segment-level profitability.

Metric ID: lmt_segment_mfc_total_operating_costs_and_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.42B$2.42B$2.42B$2.42B$2.43B$2.43B$2.43B$2.43B$2.69B$2.65B$2.72B$4.22B$2.91B$2.96B$3.11B$3.48B$3.15B
QoQ Change+0.0%+0.0%+0.0%+0.4%+0.0%+0.0%+0.0%+10.6%-1.2%+2.5%+55.3%-31.1%+1.6%+5.4%+11.9%-9.6%
YoY Change+0.4%+0.4%+0.4%+0.4%+10.6%+9.3%+11.9%+73.8%+8.3%+11.4%+14.6%-17.4%+8.3%
Range$2.42B$4.22B
CAGR+6.8%
Avg YoY Growth+10.2%
Median YoY Growth+8.3%

Frequently Asked Questions

What is Lockheed Martin's mfc — total operating costs and expenses?
Lockheed Martin (LMT) reported mfc — total operating costs and expenses of $3.15B in Q1 2026.
How has Lockheed Martin's mfc — total operating costs and expenses changed year-over-year?
Lockheed Martin's mfc — total operating costs and expenses increased by 8.3% year-over-year, from $2.91B to $3.15B.
What is the long-term trend for Lockheed Martin's mfc — total operating costs and expenses?
Over 3 years (2022 to 2025), Lockheed Martin's mfc — total operating costs and expenses has grown at a 8.8% compound annual growth rate (CAGR), from $9.68B to $12.46B.
What does mfc — total operating costs and expenses mean?
The total expenses required to run the business segment's operations.