Lockheed Martin Corporation financials
Key figures from Lockheed Martin Corporation's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | $20.7B | $18.6B | +11.3% |
| Net income | $1.8B | $1.6B | +14.0% |
| Free cash flow | $3.0B | $3.3B | -10.4% |
| Gross margin | 11.8% | 12.0% | -0.3 pts |
| Operating margin | 11.8% | 12.3% | -0.5 pts |
| Net margin | 8.9% | 8.7% | +0.2 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $75.0B | $5.0B | 6.7% | $6.9B | $21.49 |
| FY Dec 2024 | $71.0B | $5.3B | 7.5% | $5.3B | $22.31 |
| FY Dec 2023 | $67.6B | $6.9B | 10.2% | $6.2B | $27.55 |
| FY Dec 2022 | $66.0B | $5.7B | 8.7% | $6.1B | $21.66 |
| FY Dec 2021 | $67.0B | $6.3B | 9.4% | $7.7B | $22.76 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.