Lockheed Martin

LMT Industrials Market cap $122B as of Sep 14, 2026 16:01 ET S&P 500

Q2 FY26 Mar 30 – Jun 28, 2026 reported Jul 23, 2026

Revenue$20.1B +11% year over year

Gross profit$2.4B 12% margin

Operating profit$2.5B 12% margin

Net profit$1.8B 9% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 28, 2026).
Item	Value	Share of revenue	Year over year
Revenue	20.1	100%	+11%
Aeronautics	8.1	40%	+9%
Rotary & mission systems	4.4	22%	+9%
Missiles & fire control	4.1	21%	+19%
Space	3.5	17%	+6%
Cost of revenue	−17.6	88%
Gross profit	2.4	12% margin	+8pp
Operating profit	2.5	12% margin	+8pp
Interest & other costs	−0.3
Tax	−0.3
Net profit	1.8	9% margin	+7pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 29, 2026).
Item	Value	Share of revenue	Year over year
Revenue	18.02	100%	+0%
Aeronautics	6.95	39%	−1%
Rotary & mission systems	3.99	22%	−8%
Missiles & fire control	3.65	20%	+8%
Space	3.43	19%	+7%
Cost of revenue	−15.94	88%
Gross profit	2.08	12% margin	−1pp
Operating expenses	−0.02	0%	+0pp
Operating profit	2.06	11% margin	−2pp
Interest & other costs	−0.29
Tax	−0.29
Net profit	1.49	8% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	20.3	100%	+9%
Aeronautics	8.5	42%	+6%
Rotary & mission systems	4.6	23%	+8%
Missiles & fire control	4.0	20%	+18%
Space	3.2	15%	+8%
Cost of revenue	−18.0	89%
Gross profit	2.3	11% margin	+8pp
Operating profit	2.3	11% margin	+8pp
Interest & other costs	−0.8
Tax	−0.2
Net profit	1.3	7% margin	+4pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 28, 2025).
Item	Value	Share of revenue	Year over year
Revenue	18.6	100%	+9%
Aeronautics	7.3	39%	+12%
Rotary & mission systems	4.4	24%	+0%
Missiles & fire control	3.6	19%	+14%
Space	3.4	18%	+9%
Cost of revenue	−16.4	88%
Gross profit	2.2	12% margin	+0pp
Operating profit	2.3	12% margin	+0pp
Interest & other costs	−0.3
Tax	−0.3
Net profit	1.6	9% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Mar 30 – Jun 28, 2026 reported Jul 23, 2026 Operating margin 12% Net profit $1.8B	Mar 30 – Jun 28, 2026	Jul 23, 2026	$20.1B	+11%	12%	$1.8B	9%
Q1 FY26 Jan 1 – Mar 29, 2026 reported Apr 23, 2026 Operating margin 11% Net profit $1.5B	Jan 1 – Mar 29, 2026	Apr 23, 2026	$18.0B	+0%	11%	$1.5B	8%
Q4 FY25 Sep 29 – Dec 31, 2025 reported Jan 29, 2026 Operating margin 11% Net profit $1.3B	Sep 29 – Dec 31, 2025	Jan 29, 2026	$20.3B	+9%	11%	$1.3B	7%
Q3 FY25 Jun 30 – Sep 28, 2025 reported Oct 21, 2025 Operating margin 12% Net profit $1.6B	Jun 30 – Sep 28, 2025	Oct 21, 2025	$18.6B	+9%	12%	$1.6B	9%