Lockheed Martin LMT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total sales by Business | ||||||
| Aeronautics | $6.95B-18.4% | $8.52B+17.5% | $7.26B-2.2% | $7.42B+5.1% | $7.06B-11.9% | |
| MFC | $3.65B-9.2% | $4.02B+10.9% | $3.62B+5.6% | $3.43B+1.8% | $3.37B-1.1% | |
| RMS | $3.99B-13.5% | $4.62B+5.6% | $4.37B+9.5% | $4B-7.7% | $4.33B+1.6% | |
| Space | $3.43B+8.4% | $3.16B-5.8% | $3.36B+1.5% | $3.31B+3.2% | $3.21B+9.0% | |
| Total operating costs and expenses by Business | ||||||
| Aeronautics | $6.33B-18.2% | $7.74B+17.8% | $6.57B-12.6% | $7.52B+18.6% | $6.34B-16.2% | |
| MFC | $3.15B-9.6% | $3.48B+11.9% | $3.11B+5.4% | $2.96B+1.6% | $2.91B-31.1% | |
| RMS | $3.56B-14.1% | $4.15B+7.2% | $3.87B-7.2% | $4.17B+8.1% | $3.86B+1.9% | |
| Space | $3.14B+8.8% | $2.89B-4.7% | $3.03B+2.3% | $2.96B+4.8% | $2.82B+5.4% | |
| Operating Income (Loss) by Business | ||||||
| Aeronautics | $619M-20.8% | $782M+14.7% | $682M+796% | -$98M-114% | $720M+65.9% | |
| MFC | $500M-6.5% | $535M+4.9% | $510M+6.5% | $479M+3.0% | $465M— | |
| RMS | $423M-9.6% | $468M-7.5% | $506M+394% | -$172M-133% | $521M+1.6% | |
| Space | $281M+2.9% | $273M-17.5% | $331M-8.6% | $362M-4.5% | $379M+33.9% | |
| Total Assets by Business | ||||||
| Aeronautics | $15.4B+4.9% | $14.67B-0.4% | $14.73B-3.3% | $15.22B+7.7% | $14.13B+6.9% | |
| MFC | $7.5B+19.0% | $6.3B-8.6% | $6.9B+5.7% | $6.52B+6.3% | $6.14B+3.2% | |
| RMS | $16.48B-0.6% | $16.58B-2.3% | $16.97B-1.3% | $17.2B0.0% | $17.2B+1.0% | |
| Space | $7.82B+0.9% | $7.76B-1.4% | $7.87B-2.3% | $8.05B+5.7% | $7.62B+3.1% | |
| Cumulative losses on development by Business | ||||||
| Aeronautics | $1.8B0.0% | $1.8B0.0% | $1.8B+28.6% | $1.4B— | —— | |
| MFC | $1.46B0.0% | $1.46B0.0% | $1.46B0.0% | $1.46B0.0% | $1.46B0.0% | |
| RMS | $670M0.0% | $670M0.0% | $670M0.0% | $670M— | —— | |
| Contract Liabilities by Business | ||||||
| Aeronautics | $450M-9.1% | $495M-6.6% | $530M-9.1% | $583M— | —— | |
| MFC | $1.12B-5.9% | $1.19B-4.8% | $1.25B-3.8% | $1.3B-2.3% | $1.33B-2.2% | |
| Total sales by Geography | ||||||
| Asia Pacific | $1.67B-24.5% | $2.21B+10.4% | $2B+7.9% | $1.86B+6.5% | $1.74B+3.3% | |
| Europe | $2.63B-4.2% | $2.74B+36.3% | $2.01B-3.6% | $2.09B+6.0% | $1.97B-20.8% | |
| Middle East | $794M+3.1% | $770M+21.6% | $633M-16.4% | $757M+7.5% | $704M-7.6% | |
| Other | $554M-8.4% | $605M+13.7% | $532M+146% | $216M-57.3% | $506M+37.9% | |
| United States | $12.38B-11.5% | $14B+4.2% | $13.43B+1.4% | $13.24B+1.5% | $13.04B-2.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Lockheed Martin break its business down?
- Lockheed Martin (LMT) reports total sales by business across 4 parts — Aeronautics, MFC, RMS and Space. Each is extracted from the segment footnotes and tracked over time.
- Where does Lockheed Martin's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Lockheed Martin's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
