Lockheed Martin (LMT) Tax Provisions (2009 - 2026)
Lockheed Martin (LMT) posted quarterly Tax Provisions of $342.0 million for Q2 2026, up 356.0% year-over-year from $75.0 million in Q2 2025, and up 19.58% quarter-over-quarter from $286.0 million in Q1 2026.
Lockheed Martin (LMT) Tax Provisions (2009 - 2026) Analysis & Trends
Lockheed Martin's Tax Provisions history runs 18 years deep, the most recent figure standing at $342.0 million for Q2 2026.
- In Q2 2026, Tax Provisions rose 356.0% year-over-year to $342.0 million; the TTM figure through Jun 2026 stood at $1.1 billion (up 65.31% YoY), while the FY2025 annual figure was $905.0 million, up 2.38% from the prior year.
- Tax Provisions for Q2 2026 stood at $342.0 million, up from $286.0 million in the prior quarter.
- The five-year high for Tax Provisions was $342.0 million in Q2 2026, with the low at -$8.0 million in Q4 2024.
- The 5-year median for Tax Provisions is $292.5 million (2024), against an average of $252.4 million.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions tumbled 102.87% in 2024, then jumped 2437.5% in 2025.
- Lockheed Martin's Tax Provisions stood at $278.0 million in 2022, then increased by 0.36% to $279.0 million in 2023, then tumbled by 102.87% to -$8.0 million in 2024, then surged by 2437.5% to $187.0 million in 2025, then soared by 82.89% to $342.0 million in 2026.
- Business Quant data shows LMT's Tax Provisions at $342.0 million in Q2 2026, $286.0 million in Q1 2026, and $187.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 407.00 Mn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 493.00 Mn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 63.00 Mn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 342.00 Mn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 115.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 247.00 Mn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 74.00 Mn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 173.00 Mn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 3.26 Mn |
| 10 | L3Harris Technologies | 49.64 Bn | 48.12 Bn | 1.50 Bn | 110.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 342.00 Mn |
| Mar 29, 2026 | 286.00 Mn |
| Dec 31, 2025 | 187.00 Mn |
| Sep 28, 2025 | 319.00 Mn |
| Jun 29, 2025 | 75.00 Mn |
| Mar 30, 2025 | 324.00 Mn |
| Dec 31, 2024 | -8.00 Mn |
| Sep 29, 2024 | 295.00 Mn |
| Jun 30, 2024 | 307.00 Mn |
| Mar 31, 2024 | 290.00 Mn |
| Dec 31, 2023 | 279.00 Mn |
| Sep 24, 2023 | 269.00 Mn |
| Jun 25, 2023 | 325.00 Mn |
| Mar 26, 2023 | 305.00 Mn |
| Dec 31, 2022 | 278.00 Mn |
| Sep 25, 2022 | 321.00 Mn |
| Jun 26, 2022 | 21.00 Mn |
| Mar 27, 2022 | 328.00 Mn |
| Dec 31, 2021 | 441.00 Mn |
| Sep 26, 2021 | 65.00 Mn |