Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Lockheed Martin Corporation Revenue & Financial Statements
Lockheed Martin Corporation reported revenue of $75.0B for the fiscal year ended December 31, 2025, up 5.6% year over year, with net income of $5.0B and diluted EPS of $21.49.
- Company
- Lockheed Martin Corporation LMT · NYSE
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 67.0B | 66.0B | 67.6B | 71.0B | 75.0B |
| Cost of revenue | 58.0B | 57.7B | 59.1B | 64.1B | 67.4B |
| Gross profit | 9.1B | 8.3B | 8.5B | 6.9B | 7.6B |
| Operating income | 9.1B | 8.3B | 8.5B | 7.0B | 7.7B |
| Pretax income | 7.5B | 6.7B | 8.1B | 6.2B | 391.0M |
| Net income | 6.3B | 5.7B | 6.9B | 5.3B | 5.0B |
| Diluted EPS | 22.76 | 21.66 | 27.55 | 22.31 | 21.49 |
| EBITDA | 10.0B | 9.3B | 9.4B | 8.0B | 9.4B |
Quarterly
| USD | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.1B | 17.1B | 18.6B | 18.0B | 18.2B | 18.6B | 20.3B | 18.0B |
| Cost of revenue | 16.0B | 15.0B | 17.9B | 15.6B | 17.4B | 16.4B | 18.0B | 15.9B |
| Gross profit | 2.1B | 2.1B | 690.0M | 2.3B | 734.0M | 2.2B | 2.3B | 2.1B |
| Operating income | 2.1B | 2.1B | 696.0M | 2.4B | 748.0M | 2.3B | 2.3B | 2.1B |
| Pretax income | 1.9B | 1.9B | 519.0M | 2.0B | 417.0M | 1.9B | 1.5B | 1.8B |
| Net income | 1.6B | 1.6B | 527.0M | 1.7B | 342.0M | 1.6B | 1.3B | 1.5B |
| Diluted EPS | 6.85 | 6.80 | 2.26 | 7.28 | 1.46 | 6.95 | 5.80 | 6.44 |
| EBITDA | — | — | — | — | — | — | — | — |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 50.9B | 52.9B | 52.5B | 55.6B | 59.8B |
| Current assets | 19.8B | 21.0B | 20.5B | 21.8B | 25.4B |
| Cash & equivalents | 3.6B | 2.5B | 1.4B | 2.5B | 4.1B |
| Total liabilities | 39.9B | 43.6B | 45.6B | 49.3B | 53.1B |
| Current liabilities | 14.0B | 15.9B | 16.9B | 19.4B | 23.3B |
| Long-term debt | 11.7B | 15.4B | 17.3B | 19.6B | 20.5B |
| Total debt | 11.7B | 15.5B | 17.5B | 20.3B | 21.7B |
| Stockholders’ equity | 11.0B | 9.3B | 6.8B | 6.3B | 6.7B |
| Net debt | 8.1B | 13.0B | 16.0B | 17.8B | 17.6B |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 9.2B | 7.8B | 7.9B | 7.0B | 8.6B |
| Investing cash flow | (1.2B) | (1.8B) | (1.7B) | (1.8B) | (2.0B) |
| Financing cash flow | (7.6B) | (7.1B) | (7.3B) | (4.1B) | (4.9B) |
| Capital expenditure | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 227.0M | 238.0M | 265.0M | 277.0M | 304.0M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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