Lockheed Martin Q4 FY25: where the revenue came from and where it went
The whole income statement of Lockheed Martin for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Sep 29 – Dec 31, 2025
- Reported
- Jan 29, 2026
Revenue$20.3B
+9% year over year
Gross profit$2.3B
11% margin
Operating profit$2.3B
11% margin
Net profit$1.3B
7% margin
The numbers
| 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 |
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