LMT Income Statement - LOCKHEED MARTIN CORP

Complete source-backed income-statement history.

Available history: 2007-12-31 to 2026-06-28
Data captured: 2026-09-04

Historical Income Statement

Date	Revenue	Cost of revenue	Gross profit	R&D expense	SG&A expense	Operating expenses	Operating income	Nonoperating income/expense	Pre-tax income	Income tax	Net income	Basic EPS	Diluted EPS	Basic shares	Diluted shares
2026-06-28	$20.06B	$17.62B	$2.45B	—	—	—	$2.48B	—	$2.18B	$342M	$1.84B	$7.98	$7.94	230,200,000	231,100,000
2026-03-29	$18.02B	$15.94B	$2.08B	—	—	—	$2.06B	—	$1.77B	$286M	$1.49B	$6.47	$6.44	229,900,000	231,100,000
2025-12-31	$20.32B	$18B	$2.32B	—	—	—	$2.33B	—	$1.53B	$187M	$1.34B	$5.82	$5.80	-600,000	-600,000
2025-09-28	$18.61B	$16.37B	$2.24B	—	—	—	$2.28B	—	$1.94B	$319M	$1.62B	$6.98	$6.95	231,900,000	232,800,000
2025-06-29	$18.16B	$17.42B	$734M	—	—	—	$748M	—	$417M	$75M	$342M	$1.46	$1.46	233,500,000	234,300,000
2025-03-30	$17.96B	$15.64B	$2.32B	—	—	—	$2.37B	—	$2.04B	$324M	$1.71B	$7.30	$7.28	234,400,000	235,300,000
2024-12-31	$18.62B	$17.93B	$690M	—	—	—	$696M	—	$519M	-$8M	$527M	$2.27	$2.26	-700,000	-700,000
2024-09-29	$17.1B	$14.99B	$2.12B	—	—	—	$2.14B	—	$1.92B	$295M	$1.62B	$6.83	$6.80	237,500,000	238,600,000
2024-06-30	$18.12B	$15.99B	$2.13B	—	—	—	$2.15B	—	$1.95B	$307M	$1.64B	$6.87	$6.85	238,900,000	239,600,000
2024-03-31	$17.2B	$15.2B	$1.99B	—	—	—	$2.03B	—	$1.84B	$290M	$1.55B	$6.42	$6.39	240,700,000	241,600,000
2023-12-31	$18.87B	$16.58B	$2.3B	—	—	—	$2.29B	—	$2.15B	$279M	$1.87B	$7.61	$7.58	-1,900,000	-1,900,000
2023-09-24	$16.88B	$14.83B	$2.05B	—	—	—	$2.04B	—	$1.95B	$269M	$1.68B	$6.75	$6.73	249,300,000	250,200,000
2023-06-25	$16.69B	$14.6B	$2.09B	—	—	—	$2.14B	—	$2.01B	$325M	$1.68B	$6.65	$6.63	252,800,000	253,600,000
2023-03-26	$15.13B	$13.08B	$2.05B	—	—	—	$2.04B	—	$1.99B	$305M	$1.69B	$6.63	$6.61	254,700,000	255,700,000
2022-12-31	$18.99B	$16.69B	$2.3B	—	—	—	$2.29B	—	$2.19B	$278M	$1.91B	$7.38	$7.35	-2,300,000	-2,300,000
2022-09-25	$16.58B	$14.46B	$2.12B	—	—	—	$2.16B	—	$2.1B	$321M	$1.78B	$6.73	$6.71	264,100,000	265,100,000
2022-06-26	$15.45B	$13.49B	$1.96B	—	—	—	$1.96B	—	$330M	$21M	$309M	$1.16	$1.16	265,800,000	266,700,000
2022-03-27	$14.96B	$13.06B	$1.91B	—	—	—	$1.93B	—	$2.06B	$328M	$1.73B	$6.46	$6.44	268,300,000	269,200,000
2021-12-31	$17.73B	$15.31B	$2.42B	—	—	—	$2.46B	—	$2.49B	$441M	$2.05B	$7.48	$7.44	-1,100,000	-1,100,000
2021-09-26	$16.03B	$13.73B	$2.3B	—	—	—	$2.29B	—	$679M	$65M	$614M	$2.22	$2.21	276,200,000	277,300,000
2021-06-27	$17.03B	$14.88B	$2.15B	—	—	—	$2.19B	—	$2.17B	$355M	$1.82B	$6.54	$6.52	277,400,000	278,400,000
2021-03-28	$16.26B	$14.07B	$2.19B	—	—	—	$2.18B	—	$2.21B	$374M	$1.84B	$6.58	$6.56	279,000,000	280,000,000
2020-12-31	$17.03B	$14.82B	$2.21B	—	—	—	$2.29B	—	$2.19B	$395M	$1.79B	$6.41	$6.38	-100,000	-100,000
2020-09-27	$16.5B	$14.36B	$2.14B	—	—	—	$2.15B	—	$2.06B	$303M	$1.7B	$6.08	$6.05	279,300,000	280,600,000
2020-06-28	$16.22B	$14.01B	$2.21B	—	—	—	$2.09B	—	$1.96B	$336M	$1.63B	$5.81	$5.79	279,800,000	280,800,000
2020-03-29	$15.65B	$13.56B	$2.09B	—	—	—	$2.12B	—	$2.03B	$313M	$1.72B	$6.10	$6.08	281,300,000	282,600,000
2019-12-31	$15.88B	$13.76B	$2.12B	—	—	—	$2.15B	—	$1.83B	$334M	$1.5B	$5.32	$5.29	-200,000	-200,000
2019-09-29	$15.17B	$13.11B	$2.06B	—	—	—	$2.11B	—	$1.78B	$173M	$1.61B	$5.70	$5.66	282,000,000	283,900,000
2019-06-30	$14.43B	$12.43B	$1.99B	—	—	—	$2.01B	—	$1.68B	$263M	$1.42B	$5.03	$5.00	282,200,000	283,900,000
2019-03-31	$14.34B	$12.15B	$2.19B	—	—	—	$2.28B	—	$1.95B	$241M	$1.7B	$6.03	$5.99	282,500,000	284,300,000
2018-12-31	$14.41B	$12.47B	$1.94B	—	—	—	$1.85B	—	$1.48B	$230M	$1.25B	$4.43	$4.38	-400,000	-400,000
2018-09-30	$14.32B	$12.4B	$1.92B	—	—	—	$1.96B	—	$1.58B	$102M	$1.47B	$5.18	$5.14	284,300,000	286,700,000
2018-06-24	$13.4B	$11.65B	$1.75B	—	—	—	$1.8B	—	$1.42B	$257M	$1.16B	$4.08	$4.05	285,000,000	287,100,000
2018-03-25	$11.64B	$9.98B	$1.66B	—	—	—	$1.73B	—	$1.36B	$203M	$1.16B	$4.05	$4.02	285,500,000	287,900,000
2017-12-31	$14.05B	$12.14B	$1.71B	—	—	—	$1.95B	—	$1.57B	$2.39B	-$744M	-$2.56	-$2.54	-700,000	-700,000
2017-09-24	$12.17B	$10.74B	$1.6B	—	—	—	$1.68B	—	$1.3B	$334M	$963M	$3.35	$3.32	287,100,000	290,000,000
2017-06-25	$12.56B	$10.91B	$1.66B	—	—	—	$1.72B	—	$1.34B	$387M	$955M	$3.31	$3.28	288,500,000	291,200,000
2017-03-26	$11.21B	$9.81B	$1.41B	—	—	—	$1.4B	—	$1.04B	$246M	$789M	$2.72	$2.69	290,000,000	292,800,000
2016-12-31	$13.75B	$12.1B	$1.69B	—	—	—	$1.77B	—	$1.12B	$256M	$859M	$3.00	$2.97	-2,700,000	-2,800,000
2016-09-25	$11.55B	$10.17B	$1.38B	—	—	—	$1.59B	—	$1.43B	$338M	$2.4B	$8.02	$7.93	298,500,000	302,100,000
2016-06-26	$11.58B	$10.35B	$1.23B	—	—	—	$1.38B	—	$1.21B	$311M	$1.02B	$3.37	$3.32	303,100,000	307,100,000
2016-03-27	$10.37B	$9.27B	$1.1B	—	—	—	$1.16B	—	$994M	$188M	$898M	$2.95	$2.91	304,500,000	308,700,000
2015-12-31	$11.52B	$10.38B	$1.14B	—	—	—	$1.1B	—	$982M	$165M	$933M	$3.05	$3.01	-1,600,000	-1,600,000
2015-09-27	$10.06B	$8.96B	$1.1B	—	—	—	$1.19B	—	$1.09B	$333M	$865M	$2.80	$2.77	308,400,000	312,700,000
2015-06-28	$11.64B	$10.27B	$1.37B	—	—	—	$1.45B	—	$1.34B	$414M	$929M	$2.98	$2.94	312,000,000	316,100,000
2015-03-29	$10.11B	$8.85B	$1.26B	—	—	—	$1.36B	—	$1.27B	$388M	$878M	$2.78	$2.74	315,400,000	320,200,000
2014-12-31	$6.88B	$6.18B	$696M	—	—	—	$762M	—	$677M	$134M	$904M	$2.87	$2.82	-600,000	-600,000
2014-09-28	$11.11B	$9.84B	$1.28B	—	—	—	$1.39B	—	$1.31B	$423M	$888M	$2.81	$2.76	316,300,000	321,800,000
2014-06-29	$11.31B	$9.97B	$1.34B	—	—	—	$1.43B	—	$1.34B	$452M	$889M	$2.81	$2.76	316,800,000	322,100,000
2014-03-30	$10.65B	$9.28B	$1.37B	—	—	—	$1.43B	—	$1.35B	$415M	$933M	$2.92	$2.87	319,100,000	325,100,000
2013-12-31	$11.53B	$10.8B	$738M	—	—	—	$834M	—	$746M	$258M	$488M	$1.53	$1.50	-400,000	-100,000
2013-09-29	$11.35B	$10.16B	$1.18B	—	—	—	$1.25B	—	$1.17B	$331M	$873M	$2.72	$2.66	321,300,000	327,500,000
2013-06-30	$11.41B	$10.18B	$1.22B	—	—	—	$1.3B	—	$1.21B	$352M	$859M	$2.68	$2.64	320,800,000	325,900,000
2013-03-31	$11.07B	$10.03B	$1.04B	—	—	—	$1.12B	—	$1.03B	$264M	$761M	$2.37	$2.33	321,700,000	326,300,000
2012-12-31	$12.1B	$11.1B	$995M	—	—	—	$1.06B	—	$958M	$389M	$569M	$1.76	$1.74	-300,000	-200,000
2012-09-30	$11.87B	$10.85B	$1.02B	—	—	—	$1.14B	—	$1.05B	$319M	$727M	$2.25	$2.21	323,500,000	328,300,000
2012-06-24	$11.92B	$10.75B	$1.17B	—	—	—	$1.19B	—	$1.12B	$336M	$781M	$2.41	$2.38	324,500,000	328,800,000
2012-03-25	$11.29B	$10.28B	$1.01B	—	—	—	$1.04B	—	$951M	—	$668M	$2.06	$2.03	324,100,000	328,600,000
2011-12-31	$12.21B	$11.18B	$1.03B	—	—	—	$1.12B	—	$966M	—	$683M	$2.11	$2.08	-4,500,000	-4,400,000
2011-09-25	$12.12B	$11.12B	$996M	—	—	—	$1.04B	—	$949M	—	$700M	$2.12	$2.10	329,800,000	333,600,000
2011-06-26	$11.54B	$10.64B	$906M	—	—	—	$993M	—	$918M	$167M	$742M	$2.16	$2.14	342,800,000	346,600,000
2011-03-27	$10.63B	$9.81B	$814M	—	—	—	$864M	—	$798M	$238M	$530M	$1.52	$1.50	348,500,000	352,600,000
2010-12-31	$12.76B	$11.65B	$1.11B	—	—	—	$1.17B	—	$1.06B	$223M	$961M	$2.68	$2.64	-2,900,000	-2,800,000
2010-09-26	$11.34B	$10.55B	$789M	—	—	—	$877M	—	$829M	$276M	$560M	$1.56	$1.54	360,100,000	363,900,000
2010-06-27	$11.28B	$10.24B	$1.04B	—	—	—	$1.12B	—	$1.01B	$296M	$824M	$2.24	$2.22	367,600,000	371,700,000
2010-03-28	$10.34B	$9.44B	$896M	—	—	—	$938M	—	—	$360M	$533M	$1.43	$1.41	373,500,000	377,700,000
2009-12-31	$12.08B	$10.9B	$1.17B	—	—	—	$1.2B	—	—	$332M	$776M	$2.06	$2.03	-2,400,000	-2,400,000
2009-09-27	$10.77B	$9.78B	$986M	—	—	—	$1.07B	—	—	$262M	$797M	$2.09	$2.07	381,400,000	385,500,000
2009-06-28	$11.07B	$10.06B	$1.01B	—	—	—	$1.08B	—	$1.05B	$319M	$734M	$1.90	$1.88	386,900,000	390,900,000
2009-03-29	$10.37B	$9.37B	$1.01B	—	—	—	$1.06B	—	—	$312M	$666M	$1.69	$1.68	—	—
2008-12-31	$9.77B	$8.58B	$1.19B	—	—	—	$1.27B	—	—	$320M	$823M	$2.08	$2.04	—	—
2008-09-28	$10.58B	$9.46B	$1.12B	—	—	—	$1.24B	—	—	$362M	$782M	$1.97	$1.92	—	—
2008-06-29	$11.04B	$9.85B	$1.19B	—	—	—	$1.36B	—	$1.31B	$423M	$882M	$2.21	$2.15	—	—

Annual Income Statement

Date	Revenue	Cost of revenue	Gross profit	R&D expense	SG&A expense	Operating expenses	Operating income	Nonoperating income/expense	Pre-tax income	Income tax	Net income	Basic EPS	Diluted EPS	Basic shares	Diluted shares
2025-12-31	$75.05B	$67.43B	$7.62B	$2B	—	—	$7.73B	—	$5.92B	$905M	$5.02B	$21.56	$21.49	232,700,000	233,500,000
2024-12-31	$71.04B	$64.11B	$6.93B	$1.6B	—	—	$7.01B	—	$6.22B	$884M	$5.34B	$22.39	$22.31	238,300,000	239,200,000
2023-12-31	$67.57B	$59.09B	$8.48B	$1.5B	—	—	$8.51B	—	$8.1B	$1.18B	$6.92B	$27.65	$27.55	250,300,000	251,200,000
2022-12-31	$65.98B	$57.7B	$8.29B	$1.7B	—	—	$8.35B	—	$6.68B	$948M	$5.73B	$21.74	$21.66	263,700,000	264,600,000
2021-12-31	$67.04B	$57.98B	$9.06B	$1.5B	—	—	$9.12B	—	$7.55B	$1.24B	$6.32B	$22.85	$22.76	276,400,000	277,400,000
2020-12-31	$65.4B	$56.74B	$8.65B	$1.3B	—	—	$8.64B	—	$8.24B	$1.35B	$6.83B	$24.40	$24.30	280,000,000	281,200,000
2019-12-31	$59.81B	$51.45B	$8.37B	$1.3B	—	—	$8.55B	—	$7.24B	$1.01B	$6.23B	$22.09	$21.95	282,000,000	283,800,000
2018-12-31	$53.76B	$46.49B	$7.27B	$1.3B	—	—	$7.33B	—	$5.84B	$792M	$5.05B	$17.74	$17.59	284,500,000	286,800,000
2017-12-31	$49.96B	$43.59B	$6.37B	$1.2B	—	—	$6.74B	—	$5.25B	$3.36B	$1.96B	$6.82	$6.75	287,800,000	290,600,000
2016-12-31	$47.25B	$41.89B	$5.4B	$988M	—	—	$5.89B	—	$4.75B	$1.09B	$5.17B	$17.28	$17.07	299,300,000	303,100,000
2015-12-31	$40.54B	$36.04B	$4.49B	$817M	—	—	$4.71B	—	$4.3B	$1.17B	$3.61B	$11.62	$11.46	310,300,000	314,700,000
2014-12-31	$39.95B	$35.26B	$4.68B	$733M	—	—	$5.01B	—	$4.68B	$1.42B	$3.61B	$11.41	$11.21	316,800,000	322,400,000
2013-12-31	$45.36B	$41.17B	$4.19B	$697M	—	—	$4.51B	—	$4.16B	$1.21B	$2.98B	$9.29	$9.13	320,900,000	326,500,000
2012-12-31	$47.18B	$42.99B	$4.2B	$616M	—	—	$4.43B	—	$4.07B	$1.33B	$2.75B	$8.48	$8.36	323,700,000	328,400,000
2011-12-31	$46.5B	$42.76B	$3.74B	$585M	—	—	$4.02B	—	$3.63B	$964M	$2.66B	$7.90	$7.81	335,900,000	339,900,000
2010-12-31	$45.67B	$41.83B	$3.84B	$639M	—	—	$4.11B	—	$3.78B	$1.16B	$2.88B	$7.90	$7.81	364,200,000	368,300,000
2009-12-31	$43.87B	$39.72B	$4.15B	$717M	—	—	$4.37B	—	$4.18B	$1.22B	$2.97B	$7.73	$7.64	384,800,000	388,900,000
2008-12-31	$41.37B	$36.8B	$4.57B	$698M	—	—	$5.05B	—	—	$1.46B	$3.22B	$8.05	$7.86	399,700,000	409,400,000
2007-12-31	$41.86B	$37.63B	$4.23B	—	—	—	$4.53B	—	—	$1.34B	$3.03B	$7.29	$7.10	—	—