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-on-year from $87.0 million in Q2 2024, and down 24.14% on a QoQ basis from $87.0 million in Q2 2024.
Lockheed Martin (LMT) Operating Expenses (2010 - 2025) Analysis & Trends
Lockheed Martin (LMT) has reported Operating Expenses for 9 consecutive years, with $66.0 million the latest figure, recorded in Q2 2025.
- Quarterly Operating Expenses fell 24.14% year-over-year to $66.0 million in Q2 2025, while the trailing twelve-month figure through Mar 2026 was $66.0 million (down 24.14% YoY) and the FY2025 annual result came in at $66.0 million, down 24.14% from the prior year.
- Operating Expenses slipped to $66.0 million in Q2 2025 per LMT's latest filing, from $87.0 million in the prior quarter.
- Over the last five years, Operating Expenses for LMT reached as high as $92.0 million in Q4 2023 and fell as low as $66.0 million in Q2 2025.
- A 3-year average of $81.7 million and a median of $87.0 million in 2024 frame the typical range for Operating Expenses.
- The largest YoY upside for Operating Expenses was 24.14% in 2025 against a maximum downside of 24.14% in 2025.
- Year by year, Operating Expenses stood at $92.0 million in 2023, then decreased by 5.43% to $87.0 million in 2024, then decreased by 24.14% to $66.0 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $66.0 million, $87.0 million, and $92.0 million for Q2 2025, Q2 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 370.01 Bn | 360.67 Bn | -3.10 Bn | 10.86 Bn |
| 2 | Rtx | 289.51 Bn | 281.20 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 175.23 Bn | 155.21 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.81 Bn | 128.02 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 111.46 Bn | 109.03 Bn | 854.00 Mn | 27.00 Mn |
| 6 | General Dynamics | 103.47 Bn | 99.14 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 75.90 Bn | 73.59 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 72.86 Bn | 68.97 Bn | 1.51 Bn | 273.00 Mn |
| 9 | L3Harris Technologies | 50.70 Bn | 50.11 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Embraer | 49.85 Bn | 47.89 Bn | - | - |
Historic Data
Download 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 |