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Lockheed Martin LMT Space — Operating Income (Loss)

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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$132.5B+34.8%
Enterprise value$149.25B+25.8%
P/E21.1×-2.3×
P/S1.7×+0.4×

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:OperatingIncomeLoss.

The official record: Lockheed Martin’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lockheed Martin's space — operating income (loss)?
Lockheed Martin (LMT) reported space — operating income (loss) of $371M in Q2 2026.
How has Lockheed Martin's space — operating income (loss) changed year-over-year?
Lockheed Martin's space — operating income (loss) increased by 2.5% year-over-year, from $362M to $371M.
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 or loss generated by the Space segment after deducting operating expenses from total sales. It serves as the primary indicator of the segment's core operational profitability and its contribution to the overall corporate bottom line.