Lockheed Martin (LMT) Operating Income (2009 - 2026)
Lockheed Martin (LMT) reported Operating Income of $2.48 billion for Q2 2026, up 231.4% from $748 million a year earlier and up 20.2% from the prior quarter.
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Analysis
Lockheed Martin (LMT) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 28, 2026, Lockheed Martin's Operating Income came in at $9.15 billion, up 53.7% year-over-year; for FY2025, it came in at $7.73 billion, up 10.2% from FY2024.
- Operating Income has a five-year compound annual growth rate of -2.2% (FY2020 to FY2025).
- By year, Operating Income came in at $7.01 billion in FY2024 (-17.6%), $8.51 billion in FY2023 (+1.9%), $8.35 billion in FY2022 (-8.5%) and $9.12 billion in FY2021 (+5.5%).
- The Q2 2026 figure ranks as the highest quarterly Operating Income in data going back to Q1 2009.
- Year over year, Operating Income gained in five of the last eight quarters, with growth averaging 43.3%.
- The high point for year-over-year Operating Income in five years was Q4 2025 (growth of 234.9%); the low point was Q4 2024 (a decline of 69.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.06 billion (Q1 2026), $2.33 billion (Q4 2025) and $2.28 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | -6.18 Bn |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 2.81 Bn |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 156.00 Mn |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 2.48 Bn |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 711.00 Mn |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 1.46 Bn |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 809.00 Mn |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 1.10 Bn |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 1.79 Bn |
| 10 | TransDigm | 61.31 Bn | 49.40 Bn | 1.63 Bn | 1.23 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 2.48 Bn |
| Mar 29, 2026 | 2.06 Bn |
| Dec 31, 2025 | 2.33 Bn |
| Sep 28, 2025 | 2.28 Bn |
| Jun 29, 2025 | 748.00 Mn |
| Mar 30, 2025 | 2.37 Bn |
| Dec 31, 2024 | 696.00 Mn |
| Sep 29, 2024 | 2.14 Bn |
| Jun 30, 2024 | 2.15 Bn |
| Mar 31, 2024 | 2.03 Bn |
| Dec 31, 2023 | 2.29 Bn |
| Sep 24, 2023 | 2.04 Bn |
| Jun 25, 2023 | 2.14 Bn |
| Mar 26, 2023 | 2.04 Bn |
| Dec 31, 2022 | 2.29 Bn |
| Sep 25, 2022 | 2.16 Bn |
| Jun 26, 2022 | 1.96 Bn |
| Mar 27, 2022 | 1.93 Bn |
| Dec 31, 2021 | 2.46 Bn |
| Sep 26, 2021 | 2.29 Bn |
API Access
Lockheed Martin Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=LMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "LMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();