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Business Segments · Operating Income (Loss)

Space — Operating Income (Loss)

Lockheed Martin Space — Operating Income (Loss) increased by 2.9% to $281M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 25.9%, from $379M to $281M. Over 4 years (FY 2021 to FY 2025), Space — Operating Income (Loss) shows an upward trend with a 3.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026Apr 23, 2026
Rolls up toOperating Income

How to read this metric

Higher operating income indicates strong segment performance and effective cost management.

Detailed definition

The profit or loss generated by the Space segment after deducting operating expenses from total sales. It serves as the...

Peer comparison

Standard segment operating profit metric used by all major defense contractors.

Metric ID: lmt_segment_space_operating_income_loss

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$335M$264M$358M$248M$271M$304M$234M$280M$312M$259M$307M$325M$346M$272M$283M$379M$362M$331M$273M$281M
QoQ Change-21.2%+35.6%-30.7%+9.3%+12.2%-23.0%+19.7%+11.4%-17.0%+18.5%+5.9%+6.5%-21.4%+4.0%+33.9%-4.5%-8.6%-17.5%+2.9%
YoY Change-19.1%+15.2%-34.6%+12.9%+15.1%-14.8%+31.2%+16.1%+10.9%+5.0%-7.8%+16.6%+4.6%+21.7%-3.5%-25.9%
Range$234M$379M
CAGR-3.6%
Avg YoY Growth+2.7%
Median YoY Growth+8.0%

Frequently Asked Questions

What is Lockheed Martin's space — operating income (loss)?
Lockheed Martin (LMT) reported space — operating income (loss) of $281M in Q1 2026.
How has Lockheed Martin's space — operating income (loss) changed year-over-year?
Lockheed Martin's space — operating income (loss) decreased by 25.9% year-over-year, from $379M to $281M.
What is the long-term trend for Lockheed Martin's space — operating income (loss)?
Over 4 years (2021 to 2025), Lockheed Martin's space — operating income (loss) has grown at a 3.2% compound annual growth rate (CAGR), from $1.18B to $1.35B.
What does space — operating income (loss) mean?
The profit earned by the Space segment from its core business activities.