Lockheed Martin (LMT) Net Income (2009 - 2026)
Lockheed Martin's Net Income came in at $1.84 billion for Q2 2026, up 436.8% from $342 million a year earlier and up 23.4% from the prior quarter.
Lockheed Martin (LMT) Net Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, Lockheed Martin reported Net Income of $6.29 billion, up 49.5% year-over-year; for FY2025, it was $5.02 billion, down 6.0% from FY2024.
- Net Income carries a five-year compound annual growth rate of -6.0% (FY2020 to FY2025).
- Going back by year, Net Income was $5.34 billion in FY2024 (-22.9%), $6.92 billion in FY2023 (+20.7%), $5.73 billion in FY2022 (-9.2%) and $6.32 billion in FY2021 (-7.6%).
- The Q2 2026 figure represents the highest quarterly Net Income since Q4 2023.
- Year-over-year, Net Income increased in three of the last eight quarters, with growth averaging 54.4%.
- The fastest year-over-year change in Net Income over five years came in Q2 2023 (growth of 444.0%), and the weakest in Q2 2022 (a decline of 83.0%).
- Business Quant data shows LMT's Net Income at $1.49 billion (Q1 2026), $1.34 billion (Q4 2025) and $1.62 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 2.36 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 2.25 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | -428.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 1.84 Bn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 534.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 1.16 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 558.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 1.09 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 5.69 Bn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 540.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 1.84 Bn |
| Mar 29, 2026 | 1.49 Bn |
| Dec 31, 2025 | 1.34 Bn |
| Sep 28, 2025 | 1.62 Bn |
| Jun 29, 2025 | 342.00 Mn |
| Mar 30, 2025 | 1.71 Bn |
| Dec 31, 2024 | 527.00 Mn |
| Sep 29, 2024 | 1.62 Bn |
| Jun 30, 2024 | 1.64 Bn |
| Mar 31, 2024 | 1.55 Bn |
| Dec 31, 2023 | 1.87 Bn |
| Sep 24, 2023 | 1.68 Bn |
| Jun 25, 2023 | 1.68 Bn |
| Mar 26, 2023 | 1.69 Bn |
| Dec 31, 2022 | 1.91 Bn |
| Sep 25, 2022 | 1.78 Bn |
| Jun 26, 2022 | 309.00 Mn |
| Mar 27, 2022 | 1.73 Bn |
| Dec 31, 2021 | 2.05 Bn |
| Sep 26, 2021 | 614.00 Mn |
Lockheed Martin Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=LMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "LMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();