Lockheed Martin (LMT) Net Income (2009 - 2026)
Lockheed Martin (LMT) posted quarterly Net Income of $1.8 billion for Q2 2026, up 436.84% year-on-year from $342.0 million in Q2 2025, and up 23.39% on a QoQ basis from $1.5 billion in Q1 2026.
Lockheed Martin (LMT) Net Income (2009 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported Net Income for 18 consecutive years, with $1.8 billion the latest figure, recorded in Q2 2026.
- Quarterly Net Income rose 436.84% year-over-year to $1.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.3 billion (up 49.55% YoY) and the FY2025 annual result came in at $5.0 billion, down 5.98% from the prior year.
- Net Income rose to $1.8 billion in Q2 2026 per LMT's latest filing, from $1.5 billion in the prior quarter.
- Over the last five years, Net Income for LMT reached as high as $1.9 billion in Q4 2022 and fell as low as $309.0 million in Q2 2022.
- A 5-year average of $1.5 billion and a median of $1.7 billion in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income slumped 82.98% — and 2023, when it jumped 444.01%.
- Year by year, Net Income stood at $1.9 billion in 2022, then dropped by 2.41% to $1.9 billion in 2023, then plunged by 71.76% to $527.0 million in 2024, then soared by 155.03% to $1.3 billion in 2025, then jumped by 36.61% to $1.8 billion in 2026.
- According to Business Quant data, Net Income over the past three periods registered $1.8 billion, $1.5 billion, and $1.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 373.45 Bn | 364.10 Bn | -3.10 Bn | -38.00 Mn |
| 2 | Rtx | 288.16 Bn | 279.85 Bn | 9.91 Bn | 2.25 Bn |
| 3 | Boeing | 167.44 Bn | 147.42 Bn | 2.41 Bn | -428.00 Mn |
| 4 | Lockheed Martin | 132.17 Bn | 128.38 Bn | 2.45 Bn | 1.84 Bn |
| 5 | Howmet Aerospace | 112.99 Bn | 110.56 Bn | 854.00 Mn | 580.00 Mn |
| 6 | General Dynamics | 102.42 Bn | 98.09 Bn | 6.76 Bn | 1.16 Bn |
| 7 | Northrop Grumman | 75.81 Bn | 73.51 Bn | 3.72 Bn | 1.09 Bn |
| 8 | TransDigm | 72.68 Bn | 68.79 Bn | 1.51 Bn | 536.00 Mn |
| 9 | L3Harris Technologies | 50.93 Bn | 50.34 Bn | 1.40 Bn | 512.00 Mn |
| 10 | Heico | 49.67 Bn | 49.46 Bn | 569.53 Mn | 250.33 Mn |
Historic Data
Download 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 |
| Jun 27, 2021 | 1.82 Bn |
| Mar 28, 2021 | 1.84 Bn |