Lockheed Martin LMT
NYSE LMT
$567.72 -3.76 (-0.66%)
As of: Aug 21, 2026 · 11:13 AM EDT

Lockheed Martin (LMT) Operating Expenses (2010 - 2025)

Lockheed Martin (LMT) posted quarterly Operating Expenses of $66.0 million for Q2 2025, down 24.14% year-over-year from $87.0 million in Q2 2024, and down 24.14% quarter-over-quarter from $87.0 million in Q2 2024.

Lockheed Martin (LMT) Operating Expenses (2010 - 2025) Analysis & Trends

Lockheed Martin's Operating Expenses history runs 9 years deep, the most recent figure standing at $66.0 million for Q2 2025.

  • In Q2 2025, Operating Expenses fell 24.14% year-over-year to $66.0 million; the TTM figure through Mar 2026 stood at $66.0 million (down 24.14% YoY), while the FY2025 annual figure was $66.0 million, down 24.14% from the prior year.
  • Operating Expenses for Q2 2025 stood at $66.0 million, 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.
  • The 3-year median for Operating Expenses is $87.0 million (2024), against an average of $81.7 million.
  • Peak annual rise in Operating Expenses reached 24.14% in 2025, while the deepest fall reached 24.14% in 2025.
  • Lockheed Martin's Operating Expenses stood at $92.0 million in 2023, then declined by 5.43% to $87.0 million in 2024, then declined by 24.14% to $66.0 million in 2025.
  • Business Quant data shows LMT's Operating Expenses at $66.0 million in Q2 2025, $87.0 million in Q2 2024, and $92.0 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 361.68 Bn 352.34 Bn 6.95 Bn 10.86 Bn
2 Rtx 285.24 Bn 276.94 Bn 9.91 Bn 21.96 Bn
3 Boeing 168.67 Bn 148.64 Bn 2.41 Bn 2.35 Bn
4 Lockheed Martin 130.81 Bn 127.02 Bn 2.45 Bn -
5 Howmet Aerospace 108.77 Bn 108.21 Bn 951.00 Mn 156.00 Mn
6 General Dynamics 103.82 Bn 99.49 Bn 6.76 Bn 12.63 Bn
7 Northrop Grumman 78.87 Bn 76.56 Bn 3.72 Bn 9.78 Bn
8 TransDigm 68.84 Bn 66.06 Bn 1.63 Bn 332.00 Mn
9 Axon Enterprise 50.67 Bn 50.00 Bn 546.45 Mn 499.67 Mn
10 L3Harris Technologies 50.25 Bn 48.73 Bn 1.50 Bn 848.00 Mn

Historic Data

Download Data
DateValue
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