Lockheed Martin revenue and financials
$506.63Change from previous close: +0.24%Absolute change: +$1.22
In the fiscal year ended December 2025, Lockheed Martin reported revenue of $75.05B (+5.64% year over year). Net income was $5.02B, a net margin of 6.7%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.64%
- 2025 vs 2024
- Net income growth
- −5.98%
- 2025 vs 2024
- Net margin
- 6.7%
- 2024: 7.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 75,048 | 71,043 | 67,571 | 65,984 | 67,044 | 65,398 | 59,812 | 53,762 | 49,960 | 47,290 |
| Cost of revenue | 67,429 | 64,113 | 59,092 | 57,697 | 57,983 | 56,744 | 51,445 | 46,488 | 43,589 | 41,889 |
| Gross profit | 7,619 | 6,930 | 8,479 | 8,287 | 9,061 | 8,654 | 8,367 | 7,274 | 6,371 | 5,401 |
| Research and development | 2,000 | 1,600 | 1,500 | 1,700 | 1,500 | 1,300 | 1,300 | 1,300 | 1,200 | 988 |
| Operating income | 7,731 | 7,013 | 8,507 | 8,348 | 9,123 | 8,644 | 8,545 | 7,334 | 6,744 | 5,888 |
| EBIT | 7,040 | 7,256 | 9,014 | 7,303 | — | — | — | — | — | — |
| EBITDA | 8,727 | 8,815 | 10,444 | 8,707 | — | — | — | — | — | — |
| Interest expense | 1,118 | 1,036 | 916 | 623 | 569 | 591 | 653 | 668 | 651 | 663 |
| Pre-tax income | 5,922 | 6,220 | 8,098 | 6,680 | — | — | — | — | — | — |
| Income tax | 905 | 884 | 1,178 | 948 | 1,235 | 1,347 | 1,011 | 792 | 3,356 | 1,093 |
| Net income | 5,017 | 5,336 | 6,920 | 5,732 | 6,315 | 6,833 | 6,230 | 5,046 | 1,963 | 5,173 |
| Net income to common shareholders | 5,017 | 5,336 | 6,920 | 5,732 | — | — | — | — | — | — |
| Basic EPS | 21.56 | 22.39 | 27.65 | 21.74 | 22.85 | 24.40 | 22.09 | 17.74 | 6.82 | 17.28 |
| Diluted EPS | 21.49 | 22.31 | 27.55 | 21.66 | 22.76 | 24.30 | 21.95 | 17.59 | 6.75 | 17.07 |
| Average shares (basic) | 233 | 238 | 250 | 264 | — | — | — | — | — | — |
| Average shares (diluted) | 234 | 239 | 251 | 265 | 277 | 281 | 284 | 287 | 291 | 303 |
