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Lockheed Martin LMT Services — Total sales

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Other financials

Income statement

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Revenue$20.1B+10.5%
Gross profit$2.4B+233%
Operating income$2.5B+231%
Net income$1.8B+437%
EPS (diluted)$7.94+444%

Balance sheet

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Cash & equivalents$3.8B+193%
Total debt$20.5B-5.1%
Total equity$8.8B+64.4%
Total assets$62.5B+6.1%

Cash flow

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Operating cash flow$3.2B+1,509%
CapEx$318.0M-9.4%
Free cash flow$2.9B

Valuation

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Market cap$134.52B+32.5%
Enterprise value$151.26B+24.1%
P/E21.4×-2.8×
P/S1.8×+0.3×

Profitability

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Gross margin11.8%+3.6pp
Operating margin11.9%+3.6pp
Net margin8.2%+2.3pp
FCF margin11.3%+6.5pp

Returns & leverage

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Return on equity89.2%+16.1pp
Debt / equity2.3×-1.7×
Current ratio1.2×+0.2×

Where this comes from

Reported directly by Lockheed Martin in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Lockheed Martin’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:38 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-049411
Line itemQuarters Ended / June 28,2026Quarters Ended / June 29,2025Six Months Ended / June 28,2026Six Months Ended / June 29,2025
Sales
Products$16,783$15,149$31,614$30,085
Services3,2803,0066,4706,033
Total sales20,06318,15538,08436,118
Operating costs and expenses
Products(15,063)(14,469)(28,461)(27,753)
Services(2,862)(3,130)(5,646)(5,770)
Impairment and other charges(66)(66)

Item 1. Financial Statements (Unaudited)

FAQ

What is Lockheed Martin's services — total sales?
Lockheed Martin (LMT) reported services — total sales of $3.28B in Q2 2026.
How has Lockheed Martin's services — total sales changed year-over-year?
Lockheed Martin's services — total sales increased by 9.1% year-over-year, from $3.01B to $3.28B.
What is the long-term trend for Lockheed Martin's services — total sales?
Over 4 years (2021 to 2025), Lockheed Martin's services — total sales has grown at a 4.0% compound annual growth rate (CAGR), from $10.61B to $12.39B.
What does services — total sales mean?
This metric represents the total revenue generated from the provision of services within a specific business segment. It captures the inflow of economic benefits resulting from service-based contracts, maintenance, and support activities provided to customers. Tracking this figure helps assess the growth trajectory and market demand for the company's service-oriented offerings.

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