Lockheed Martin LMT Services — Cost of Product and Service Sold
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Where this comes from
Reported directly by Lockheed Martin in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
The official record: Lockheed Martin’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Lockheed Martin's services — cost of product and service sold?
- Lockheed Martin (LMT) reported services — cost of product and service sold of $2.78B in Q1 2026.
- How has Lockheed Martin's services — cost of product and service sold changed year-over-year?
- Lockheed Martin's services — cost of product and service sold increased by 5.5% year-over-year, from $2.64B to $2.78B.
- What is the long-term trend for Lockheed Martin's services — cost of product and service sold?
- Over 4 years (2021 to 2025), Lockheed Martin's services — cost of product and service sold has grown at a 4.7% compound annual growth rate (CAGR), from $9.43B to $11.34B.
- What does services — cost of product and service sold mean?
- This metric measures the direct costs incurred to deliver services and products within a specific business segment. It includes labor, materials, and overhead directly attributable to the fulfillment of service contracts and product manufacturing. Monitoring this cost is essential for evaluating the operational efficiency and gross margin performance of the segment.