Lockheed Martin LMT
NYSE LMT
$523.92 -6.06 (-1.14%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

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

Analysis

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

Lockheed Martin has reported Cost of Revenue for 18 years, with the latest figure at $17.6 billion in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 1.13% year-over-year to $17.6 billion in Q2 2026; TTM through Jun 2026 was $67.9 billion, a 2.95% increase from a year earlier, with the FY2025 full-year figure at $67.4 billion, up 5.17% from the prior year.
  • Cost of Revenue was $17.6 billion for Q2 2026 at Lockheed Martin, 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.
  • Average Cost of Revenue over 5 years is $15.7 billion, with a median of $15.8 billion recorded in 2025.
  • The sharpest annual moves came in 2022 and 2024: Cost of Revenue decreased 9.33% in 2022, then climbed 16.22% in 2024.
  • Over 5 years, Cost of Revenue stood at $16.7 billion in 2022, then decreased by 0.66% to $16.6 billion in 2023, then increased by 8.16% to $17.9 billion in 2024, then advanced by 0.37% to $18.0 billion in 2025, then declined by 2.12% to $17.6 billion in 2026.
  • The last three Cost of Revenue figures came in at $17.6 billion (Q2 2026), $15.9 billion (Q1 2026), and $18.0 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Lockheed Martin 120.92 Bn 117.12 Bn 2.45 Bn 17.62 Bn
2 General Dynamics 96.29 Bn 91.96 Bn 6.76 Bn 7.34 Bn
3 Motorola Solutions 77.13 Bn 76.43 Bn 1.68 Bn 1.46 Bn
4 Northrop Grumman 73.72 Bn 71.42 Bn 3.72 Bn 7.16 Bn
5 L3Harris Technologies 45.72 Bn 45.17 Bn 1.50 Bn 4.38 Bn
6 Elbit Systems 33.81 Bn 32.85 Bn 579.01 Mn 1.71 Bn
7 Teledyne Technologies 27.98 Bn 27.64 Bn 738.10 Mn 924.40 Mn
8 Curtiss Wright 20.63 Bn 20.15 Bn 364.09 Mn 559.92 Mn
9 Leidos Holdings 16.17 Bn 15.47 Bn 817.00 Mn 3.74 Bn
10 Caci International 13.72 Bn 13.53 Bn 913.55 Mn 1.80 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 17.62 Bn
Mar 29, 2026 15.94 Bn
Dec 31, 2025 18.00 Bn
Sep 28, 2025 16.37 Bn
Jun 29, 2025 17.42 Bn
Mar 30, 2025 15.64 Bn
Dec 31, 2024 17.93 Bn
Sep 29, 2024 14.99 Bn
Jun 30, 2024 15.99 Bn
Mar 31, 2024 15.20 Bn
Dec 31, 2023 16.58 Bn
Sep 24, 2023 14.83 Bn
Jun 25, 2023 14.60 Bn
Mar 26, 2023 13.08 Bn
Dec 31, 2022 16.69 Bn
Sep 25, 2022 14.46 Bn
Jun 26, 2022 13.49 Bn
Mar 27, 2022 13.06 Bn
Dec 31, 2021 15.31 Bn
Sep 26, 2021 13.73 Bn