What is Lockheed Martin's space — total operating costs and expenses?

Lockheed Martin (LMT) reported space — total operating costs and expenses of $3.14B in Q1 2026.

How has Lockheed Martin's space — total operating costs and expenses changed year-over-year?

Lockheed Martin's space — total operating costs and expenses increased by 11.3% year-over-year, from $2.82B to $3.14B.

What is the long-term trend for Lockheed Martin's space — total operating costs and expenses?

Over 3 years (2022 to 2025), Lockheed Martin's space — total operating costs and expenses has grown at a 3.4% compound annual growth rate (CAGR), from $10.57B to $11.69B.

What does space — total operating costs and expenses mean?

The total expenses required to operate the Space business segment.

Business Segments · Total operating costs and expenses

Space — Total operating costs and expenses

Lockheed Martin Space — Total operating costs and expenses increased by 8.8% to $3.14B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $2.82B to $3.14B. Over 3 years (FY 2022 to FY 2025), Space — Total operating costs and expenses shows an upward trend with a 3.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityStable

First reportedQ1 2022

Last reportedQ1 2026Apr 23, 2026

Rolls up toTotal Cost of Revenue

How to read this metric

An increase relative to sales suggests margin compression, while a decrease relative to sales indicates improved operational efficiency.

Detailed definition

The aggregate costs incurred by the Space segment to conduct business, including research and development, manufacturing...

Peer comparison

Standard operating expense metric used to evaluate segment-level cost control across industrial peers.

Metric ID: lmt_segment_space_total_operating_costs_and_expenses

Historical Data

17 periods

	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$2.64B	$2.64B	$2.64B	$2.64B	$2.87B	$2.87B	$2.87B	$2.87B	$2.97B	$2.86B	$2.8B	$2.68B	$2.82B	$2.96B	$3.03B	$2.89B	$3.14B
QoQ Change	—	+0.0%	+0.0%	+0.0%	+8.6%	+0.0%	+0.0%	+0.0%	+3.4%	-3.5%	-2.0%	-4.6%	+5.4%	+4.8%	+2.3%	-4.7%	+8.8%
YoY Change	—	—	—	—	+8.6%	+8.6%	+8.6%	+8.6%	+3.4%	-0.2%	-2.2%	-6.7%	-4.9%	+3.3%	+7.9%	+7.8%	+11.3%

Range$2.64B – $3.14B

CAGR+4.4%

Avg YoY Growth+4.2%

Median YoY Growth+7.8%

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Frequently Asked Questions

What is Lockheed Martin's space — total operating costs and expenses?: Lockheed Martin (LMT) reported space — total operating costs and expenses of $3.14B in Q1 2026.
How has Lockheed Martin's space — total operating costs and expenses changed year-over-year?: Lockheed Martin's space — total operating costs and expenses increased by 11.3% year-over-year, from $2.82B to $3.14B.
What is the long-term trend for Lockheed Martin's space — total operating costs and expenses?: Over 3 years (2022 to 2025), Lockheed Martin's space — total operating costs and expenses has grown at a 3.4% compound annual growth rate (CAGR), from $10.57B to $11.69B.
What does space — total operating costs and expenses mean?: The total expenses required to operate the Space business segment.