LOCKHEED MARTIN CORP (LMT) Income statement

Top 20 of 25 line items reported by LMT · 250+ in the full API →

LOCKHEED MARTIN CORP (LMT) · Income Statement

Consolidated Statements of Operations

Annual · In millions USD, except per-share data · Latest filed Jan 29, 2026 · FY ends Dec 31

Fiscal Years Ended
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Trend
Total Revenue$75,048$71,043$67,571$65,984
Cost of Revenue68,35965,06960,23358,857
Gross Profit$7,619$6,930$8,479$8,287
Other Operating Expenses(1,042)(1,039)(1,169)(1,221)
Depreciation & Amortization1,6871,5591,4301,404
Total Operating Expenses70,35966,66961,73360,557
Operating Income$7,731$7,013$8,507$8,348
EBIT (Earnings Before Interest & Tax)7,7317,0138,5078,348
Add: Depreciation & Amortization1,6871,5591,4301,404
EBITDA (Non-GAAP)$9,418$8,572$9,937$9,752
Interest Expense-1,118-1,036-916-623
Non-Operating Income (Expense)$(1,118)$(1,036)$(916)$(623)
Income Before Taxes (EBT)$5,922$6,220$8,098$6,680
Provision for Income Taxes9058841,178948
Effective Tax Rate15.3%14.2%14.5%14.2%
Net Income$5,017$5,336$6,920$5,732
Shares Outstanding233238250264
Diluted Shares Outstanding234239251265
Diluted Earnings Per Share$21.49$22.31$27.55$21.66
Gross Margin10.2%9.8%12.5%12.6%
5 more line items available via the API
Research & DevelopmentBasic Earnings Per ShareOperating MarginOther OpEx MarginNet Margin
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