LOCKHEED MARTIN CORP

LMT · Large cap · 0 articles

Financial highlights

Metric	FY 12/31/25	FY 12/31/24	FY 12/31/23	FY 12/31/22	FY 12/31/21
Income Statement
Revenue	$75.0B	$71.0B	$67.6B	$66.0B	$67.0B
Cost of revenue	$67.4B	$64.1B	$59.1B	$57.7B	$58.0B
Gross profit	$7.6B	$6.9B	$8.5B	$8.3B	$9.1B
Research and development	$2.0B	$1.6B	$1.5B	$1.7B	$1.5B
Operating income	$7.7B	$7.0B	$8.5B	$8.3B	$9.1B
Interest expense	$1.1B	$1.0B	$916.0M	$623.0M	$569.0M
Pretax income	$5.9B	$6.2B	$8.1B	$6.7B	$7.5B
Income tax expense	$905.0M	$884.0M	$1.2B	$948.0M	$1.2B
Net income	$5.0B	$5.3B	$6.9B	$5.7B	$6.3B
Balance Sheet
Cash and equivalents	$4.1B	$2.5B	$1.4B	$2.5B	$3.6B
Current assets	$25.4B	$21.8B	$20.5B	$21.0B	$19.8B
Total assets	$59.8B	$55.6B	$52.5B	$52.9B	$50.9B
Current liabilities	$23.3B	$19.4B	$16.9B	$15.9B	$14.0B
Total liabilities	$53.1B	$49.3B	$45.6B	$43.6B	$39.9B
Total debt	$22.9B	$21.6B	$18.7B	$16.8B	$12.8B
Stockholders' equity	$6.7B	$6.3B	$6.8B	$9.3B	$11.0B
Cash Flow Statement
Cash from operations	$8.6B	$7.0B	$7.9B	$7.8B	$9.2B
Depreciation and amortization	$1.7B	$1.6B	$1.4B	$903.0M	$904.0M
Stock-based compensation	$304.0M	$277.0M	$265.0M	$238.0M	$227.0M
Capital expenditure	$1.6B	$1.7B	$1.7B	$1.7B	$1.5B
Free cash flow	$6.9B	$5.3B	$6.2B	$6.1B	$7.7B
Dividends paid	$3.1B	$3.1B	$3.1B	$3.0B	$2.9B
Share repurchases	$3.0B	$3.7B	$6.0B	$7.9B	$4.1B

Shares outstanding 230.6M · Free float 100.0%

Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.