Lockheed Martin (LMT) Operating Expenses (2010 - 2025)
Lockheed Martin (LMT) posted Operating Expenses of $66.0 million for Q2 2025, down 24.14% on a QoQ basis from $87.0 million in Q2 2024, and down 24.14% year-over-year from $87.0 million in Q2 2024.
Analysis
Lockheed Martin (LMT) Operating Expenses (2010 - 2025) Analysis & Trends
Lockheed Martin has reported Operating Expenses for 9 years, with the latest figure at $66.0 million in Q2 2025.
- On a quarterly basis, Operating Expenses fell 24.14% year-over-year to $66.0 million in Q2 2025; TTM through Jun 2026 was $66.0 million, a 56.86% decrease from a year earlier, with the FY2025 full-year figure at $66.0 million, down 24.14% from the prior year.
- Operating Expenses was $66.0 million for Q2 2025 at Lockheed Martin, down from $87.0 million in the prior quarter.
- The five-year high for Operating Expenses was $92.0 million in Q4 2023, with the low at $66.0 million in Q2 2025.
- Average Operating Expenses over 3 years is $81.7 million, with a median of $87.0 million recorded in 2024.
- The largest YoY upside for Operating Expenses was 24.14% in 2025 against a maximum downside of 24.14% in 2025.
- Over 3 years, Operating Expenses stood at $92.0 million in 2023, then retreated by 5.43% to $87.0 million in 2024, then retreated by 24.14% to $66.0 million in 2025.
- The last three Operating Expenses figures came in at $66.0 million (Q2 2025), $87.0 million (Q2 2024), and $92.0 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.87 Bn | 118.08 Bn | 2.45 Bn | - |
| 2 | General Dynamics | 95.73 Bn | 91.39 Bn | 6.76 Bn | 12.63 Bn |
| 3 | Motorola Solutions | 76.78 Bn | 76.07 Bn | 1.68 Bn | 756.00 Mn |
| 4 | Northrop Grumman | 73.91 Bn | 71.60 Bn | 3.72 Bn | 9.78 Bn |
| 5 | L3Harris Technologies | 46.26 Bn | 44.74 Bn | 1.50 Bn | 848.00 Mn |
| 6 | Elbit Systems | 33.16 Bn | 32.19 Bn | 579.01 Mn | 360.21 Mn |
| 7 | Teledyne Technologies | 27.67 Bn | 27.33 Bn | 738.10 Mn | 1.33 Bn |
| 8 | Curtiss Wright | 20.65 Bn | 20.18 Bn | 364.09 Mn | 139.39 Mn |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 310.00 Mn |
| 10 | Caci International | 13.82 Bn | 13.63 Bn | 913.55 Mn | 2.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 29, 2025 | 66.00 Mn |
| Jun 30, 2024 | 87.00 Mn |
| Dec 31, 2023 | 92.00 Mn |
| Dec 31, 2020 | 27.00 Mn |
| Jun 24, 2018 | 96.00 Mn |
| Mar 27, 2016 | 80.00 Mn |
| Dec 31, 2015 | 67.00 Mn |
| Sep 27, 2015 | 15.00 Mn |
| Jun 26, 2011 | 256.00 Mn |
| Mar 27, 2011 | 299.00 Mn |
| Jun 27, 2010 | 149.00 Mn |
| Mar 28, 2010 | 177.00 Mn |