What is Lockheed Martin's net income?

Lockheed Martin (LMT) reported net income of $1.49B in Q1 2026.

How has Lockheed Martin's net income changed year-over-year?

Lockheed Martin's net income decreased by 13.1% year-over-year, from $1.71B to $1.49B.

What is the long-term trend for Lockheed Martin's net income?

Over 4 years (2021 to 2025), Lockheed Martin's net income has grown at a -5.6% compound annual growth rate (CAGR), from $6.32B to $5.02B.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Lockheed Martin LMT Net Income

Net Income at other companies

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-$4M+89.2%

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$1.13B+13.2%

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$2.06B+34.1%

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$512M+32.6%

ViasatVSAT

$65.98M+127%

Mercury SystemsMRCY

-$2.86M+85.1%

Other financials

Income statement

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Revenue$18.0B+0.3%

Gross profit$2.1B-10.5%

Operating income$2.1B-13.0%

EPS (diluted)$6.44-11.5%

Balance sheet

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Cash & equivalents$1.9B+5.0%

Total debt$20.7B+1.9%

Total equity$7.5B+12.1%

Total assets$59.2B+4.5%

Cash flow

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Operating cash flow$220.0M-84.4%

CapEx$511.0M+12.6%

Free cash flow-$291.0M-130%

Valuation

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Market cap$116.44B+5.6%

Enterprise value$135.24B+5.0%

P/E24.3×+4.3×

P/S1.6×0.0×

Profitability

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Gross margin9.8%-0.3pp

Operating margin9.9%-0.4pp

Net margin6.4%-1.3pp

FCF margin7.7%+0.8pp

Returns & leverage

See full

Return on equity67.6%-14.9pp

Debt / equity2.8×-0.3×

Current ratio1.1×+0.1×

Where this comes from

Reported directly by Lockheed Martin in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?: Lockheed Martin (LMT) reported net income of $1.49B in Q1 2026.
How has Lockheed Martin's net income changed year-over-year?: Lockheed Martin's net income decreased by 13.1% year-over-year, from $1.71B to $1.49B.
What is the long-term trend for Lockheed Martin's net income?: Over 4 years (2021 to 2025), Lockheed Martin's net income has grown at a -5.6% compound annual growth rate (CAGR), from $6.32B to $5.02B.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.