Lockheed Martin (LMT) Cost of Revenue (2009 - 2026)

Lockheed Martin's Cost of Revenue history runs 18 years deep, the most recent figure standing at $15.9 billion for Q1 2026.

• In Q1 2026, Cost of Revenue rose 1.94% year-over-year to $15.9 billion; the TTM figure through Mar 2026 stood at $67.7 billion (up 4.93% YoY), while the FY2025 annual figure was $67.4 billion, up 5.17% from the prior year.
• Cost of Revenue was $15.9 billion for Q1 2026 at Lockheed Martin, down from $18.0 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $18.0 billion in Q4 2025 to a low of $13.1 billion in Q1 2022.
• Historically, Cost of Revenue has averaged $15.5 billion across 5 years, with a median of $15.6 billion in 2025.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue retreated 9.33% in 2022, then advanced 16.22% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $16.7 billion in 2022, then retreated by 0.66% to $16.6 billion in 2023, then grew by 8.16% to $17.9 billion in 2024, then gained by 0.37% to $18.0 billion in 2025, then declined by 11.42% to $15.9 billion in 2026.
• The last three Cost of Revenue figures came in at $15.9 billion (Q1 2026), $18.0 billion (Q4 2025), and $16.4 billion (Q3 2025), per Business Quant data.