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Lockheed Martin LMT Prepaid & Other Current

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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$133.3B+31.3%
Enterprise value$150.05B+23.1%
P/E21.2×-2.9×
P/S1.7×+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:OtherAssetsCurrent.

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 itemJune 28,2026December 31,2025
Receivables, net3,3563,901
Contract assets16,03813,001
Inventories4,4113,524
Other current assets805815
Total current assets28,40125,362
Property, plant and equipment, net11,39011,292
Goodwill11,29811,314
Intangible assets, net1,7871,887

Item 1. Financial Statements (Unaudited)

FAQ

What is Lockheed Martin's prepaid & other current?
Lockheed Martin (LMT) reported prepaid & other current of $805M in Q2 2026.
How has Lockheed Martin's prepaid & other current changed year-over-year?
Lockheed Martin's prepaid & other current increased by 1.4% year-over-year, from $794M to $805M.
What is the long-term trend for Lockheed Martin's prepaid & other current?
Over 5 years (2020 to 2025), Lockheed Martin's prepaid & other current has grown at a -6.7% compound annual growth rate (CAGR), from $1.15B to $815M.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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