Lockheed Martin LMT
NYSE LMT
$529.98 +5.52 (+1.05%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

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