Lockheed Martin LMT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total sales by Business | ||||||
| Aeronautics | $6.95B-1.5% | $8.52B+6.4% | $7.26B+11.9% | $7.42B+2.0% | $7.06B+3.1% | |
| MFC | $3.65B+8.2% | $4.02B+17.8% | $3.62B+14.1% | $3.43B+10.7% | $3.37B+12.7% | |
| RMS | $3.99B-7.8% | $4.62B+8.3% | $4.37B+0.1% | $4B-12.2% | $4.33B+5.9% | |
| Space | $3.43B+7.0% | $3.16B+7.5% | $3.36B+8.9% | $3.31B+3.5% | $3.21B-2.0% | |
| Total operating costs and expenses by Business | ||||||
| Aeronautics | $6.33B0.0% | $7.74B+2.4% | $6.57B+12.6% | $7.52B+15.2% | $6.34B+2.7% | |
| MFC | $3.15B+8.3% | $3.48B-17.4% | $3.11B+14.6% | $2.96B+11.4% | $2.91B+8.3% | |
| RMS | $3.56B-7.8% | $4.15B+9.5% | $3.87B-0.3% | $4.17B+2.7% | $3.86B+5.3% | |
| Space | $3.14B+11.3% | $2.89B+7.8% | $3.03B+7.9% | $2.96B+3.3% | $2.82B-4.9% | |
| Operating Income (Loss) by Business | ||||||
| Aeronautics | $619M-14.0% | $782M+80.2% | $682M+3.5% | -$98M-113% | $720M+6.0% | |
| MFC | $500M+7.5% | $535M— | $510M+11.8% | $479M+6.4% | $465M+49.5% | |
| RMS | $423M-18.8% | $468M-8.8% | $506M+4.8% | -$172M-135% | $521M+21.2% | |
| Space | $281M-25.9% | $273M-3.5% | $331M+21.7% | $362M+4.6% | $379M+16.6% | |
| Total Assets by Business | ||||||
| Aeronautics | $15.4B+9.0% | $14.67B+11.0% | $14.73B+5.3% | $15.22B+9.4% | $14.13B+3.2% | |
| MFC | $7.5B+22.2% | $6.3B+5.9% | $6.9B+17.9% | $6.52B+9.9% | $6.14B+6.1% | |
| RMS | $16.48B-4.2% | $16.58B-2.6% | $16.97B-2.0% | $17.2B-2.3% | $17.2B-1.5% | |
| Space | $7.82B+2.7% | $7.76B+5.0% | $7.87B+18.2% | $8.05B+19.9% | $7.62B+11.0% | |
| Cumulative losses on development by Business | ||||||
| Aeronautics | $1.8B— | $1.8B— | $1.8B+334% | $1.4B+318% | —— | |
| MFC | $1.46B0.0% | $1.46B0.0% | $1.46B— | $1.46B+873% | $1.46B+873% | |
| RMS | $670M— | $670M— | $670M— | $670M— | —— | |
| Contract Liabilities by Business | ||||||
| Aeronautics | $450M— | $495M— | $530M— | $583M— | —— | |
| MFC | $1.12B-15.8% | $1.19B-12.5% | $1.25B— | $1.3B— | $1.33B— | |
| Total sales by Geography | ||||||
| Asia Pacific | $1.67B-4.3% | $2.21B+30.9% | $2B+33.3% | $1.86B+13.2% | $1.74B+23.8% | |
| Europe | $2.63B+33.4% | $2.74B+10.3% | $2.01B+17.7% | $2.09B+17.2% | $1.97B+12.9% | |
| Middle East | $794M+12.8% | $770M+1.0% | $633M-13.2% | $757M-10.4% | $704M-4.7% | |
| Other | $554M+9.5% | $605M+64.9% | $532M+33.7% | $216M-46.4% | $506M+60.6% | |
| United States | $12.38B-5.1% | $14B+5.1% | $13.43B+5.2% | $13.24B-1.6% | $13.04B+0.4% |
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.
