Lockheed Martin Q2 FY26: 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
- 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
| 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 |
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