FINHUB Insights

LMT · Q2 FY26 · Jun 28, 2026

Lockheed Martin Q2 FY26: where the revenue came from and where it went

Lockheed Martin Q2 FY26: revenue $20.1B (+11% year over year). Net profit $1.8B. Largest cohort Aeronautics $8.1B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jun 28, 2026
Reported
Jul 23, 2026 10-Q
Sankey diagram of Lockheed Martin's income statement for Q2 FY26: revenue of $20.1 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

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

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 28, 2026).
ItemValueShare of revenueYear over year
Revenue 20.1 100% +11%
Aeronautics 8.1 40% +9%
Rotary and Mission Systems 4.4 22% +9%
Missiles and Fire Control 4.1 20% +19%
Space 3.5 17% +6%
Cost of revenue−17.688%
Gross profit2.412% margin+8pp
Operating profit2.512% margin+8pp
Tax−0.4
Interest & other costs−0.3
Net profit1.89%+7pp
Filing on EDGAR More quarters of LMT

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters