Lockheed Martin financials
$512.21−1.14%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 28 | Q1 '26 Mar 29 | Q4 '25 Dec 31 | Q3 '25 Sep 28 | Q2 '25 Jun 29 | Q1 '25 Mar 30 | Q4 '24 Dec 31 | Q3 '24 Sep 29 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.06B | $18.02B | $20.32B | $18.61B | $18.16B | $17.96B | $18.62B | $17.10B | $18.12B | $17.20B | $18.87B | $16.88B |
| Gross profit | $2.14B | $1.84B | $1.39B | $2.24B | $556.0M | $2.04B | -$266.0M | $2.12B | $2.13B | $1.99B | $2.04B | $1.80B |
| Gross margin | 10.7% | 10.2% | 6.9% | 12.0% | 3.1% | 11.4% | −1.4% | 12.4% | 11.8% | 11.6% | 10.8% | 10.6% |
| Operating income | $2.48B | $1.98B | $2.33B | $2.28B | $748.0M | $2.27B | $696.0M | $2.14B | $2.15B | $2.03B | $2.29B | $2.04B |
| Net income | $1.84B | $1.49B | $1.34B | $1.62B | $342.0M | $1.71B | $527.0M | $1.62B | $1.64B | $1.54B | $1.87B | $1.68B |
| Net margin | 9.2% | 8.3% | 6.6% | 8.7% | 1.9% | 9.5% | 2.8% | 9.5% | 9.1% | 9.0% | 9.9% | 10.0% |
| Diluted EPS | $7.94 | $6.44 | $5.80 | $6.95 | $1.46 | $7.28 | $2.17 | $6.80 | $6.85 | $6.57 | $7.61 | $6.73 |
| EBITDA | $2.88B | $2.38B | $2.86B | $2.71B | $1.21B | $2.67B | $1.24B | $2.53B | $2.51B | $2.38B | $2.38B | $2.39B |
| Operating cash flow | $3.23B | $220.0M | $3.22B | $3.73B | $201.0M | $1.41B | $1.02B | $2.44B | $1.88B | $1.64B | $2.37B | $2.89B |
| Free cash flow | $2.92B | -$291.0M | $2.76B | $3.35B | -$150.0M | $955.0M | $441.0M | $2.08B | $1.51B | $1.26B | $1.66B | $2.53B |
| Diluted shares | 231.1M | 231.1M | 231.6M | 232.8M | 234.3M | 235.3M | 243.3M | 238.6M | 239.6M | 235.3M | 245.3M | 250.2M |
Balance sheet
| Period end | Jun 28 | Mar 29 | Dec 31 | Sep 28 | Jun 29 | Mar 30 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.79B | $1.89B | $4.12B | $3.47B | $1.29B | $1.80B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $20.54B | $20.70B | $21.70B | $22.19B | $21.64B | $20.30B |
| Total assets | $62.45B | $59.24B | $59.84B | $60.28B | $58.87B | $56.67B |
| Total liabilities | $53.68B | $51.75B | $53.12B | $54.09B | $53.54B | $49.99B |
| Shareholders' equity | $8.77B | $7.49B | $6.72B | $6.18B | $5.33B | $6.68B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology