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| Date | Value |
|---|---|
| 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 |