Lockheed Martin LMT
NYSE LMT
$563.57 -7.91 (-1.38%)
At close: Aug 21, 2026 · 4:01 PM EDT

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

Lockheed Martin (LMT) posted quarterly Cost of Revenue of $17.6 billion for Q2 2026, up 1.13% year-over-year from $17.4 billion in Q2 2025, and up 10.5% quarter-over-quarter from $15.9 billion in Q1 2026.

Lockheed Martin (LMT) Cost of Revenue (2009 - 2026) Analysis & Trends

Lockheed Martin's Cost of Revenue history runs 18 years deep, the most recent figure standing at $17.6 billion for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 1.13% year-over-year to $17.6 billion; the TTM figure through Jun 2026 stood at $67.9 billion (up 2.95% YoY), while the FY2025 annual figure was $67.4 billion, up 5.17% from the prior year.
  • Cost of Revenue for Q2 2026 stood at $17.6 billion, up from $15.9 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $18.0 billion in Q4 2025, with the low at $13.1 billion in Q1 2022.
  • The 5-year median for Cost of Revenue is $15.8 billion (2025), against an average of $15.7 billion.
  • The sharpest annual moves came in 2022 and 2024: Cost of Revenue fell 9.33% in 2022, then gained 16.22% in 2024.
  • Lockheed Martin's Cost of Revenue stood at $16.7 billion in 2022, then fell by 0.66% to $16.6 billion in 2023, then climbed by 8.16% to $17.9 billion in 2024, then rose by 0.37% to $18.0 billion in 2025, then slipped by 2.12% to $17.6 billion in 2026.
  • Business Quant data shows LMT's Cost of Revenue at $17.6 billion in Q2 2026, $15.9 billion in Q1 2026, and $18.0 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 General Electric 362.92 Bn 353.58 Bn 6.95 Bn 6.40 Bn
2 Rtx 284.24 Bn 275.94 Bn 9.91 Bn 14.80 Bn
3 Boeing 169.32 Bn 149.30 Bn 2.41 Bn 22.15 Bn
4 Lockheed Martin 129.93 Bn 126.14 Bn 2.45 Bn 17.62 Bn
5 Howmet Aerospace 108.64 Bn 108.07 Bn 951.00 Mn 1.60 Bn
6 General Dynamics 103.62 Bn 99.29 Bn 6.76 Bn 7.34 Bn
7 Northrop Grumman 78.44 Bn 76.14 Bn 3.72 Bn 7.16 Bn
8 TransDigm 69.14 Bn 66.37 Bn 1.63 Bn 1.11 Bn
9 Axon Enterprise 50.64 Bn 49.97 Bn 546.45 Mn 357.94 Mn
10 L3Harris Technologies 49.64 Bn 48.12 Bn 1.50 Bn 4.38 Bn

Historic Data

Download Data
DateValue
Jun 28, 2026 17.62 Bn
Jun 28, 2026 17.62 Bn
Mar 29, 2026 15.94 Bn
Mar 29, 2026 15.94 Bn
Dec 31, 2025 18.00 Bn
Dec 31, 2025 18.00 Bn
Sep 28, 2025 16.37 Bn
Sep 28, 2025 16.37 Bn
Jun 29, 2025 17.42 Bn
Jun 29, 2025 17.42 Bn
Mar 30, 2025 15.64 Bn
Mar 30, 2025 15.64 Bn
Dec 31, 2024 17.93 Bn
Dec 31, 2024 17.93 Bn
Sep 29, 2024 14.99 Bn
Sep 29, 2024 14.99 Bn
Jun 30, 2024 15.99 Bn
Jun 30, 2024 15.99 Bn
Mar 31, 2024 15.20 Bn
Mar 31, 2024 15.20 Bn