Lockheed Martin LMT Revenue Breakdown

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At close: Nov 6, 2026 · 4:00 PM EST
Annual revenue breakdowns for Lockheed Martin, fiscal 2009 to 2025, as reported in its filings.
Annual history

Lockheed Martin Revenue by Segment

Years FY 2009–2025
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FY 2025 Total $75.05B

Aeronautics was Lockheed Martin’s largest segment in fiscal 2025, bringing in $30.26B of $75.05B (40%).

Lockheed Martin revenue by segment, fiscal 2009 to 2025
Segment FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Aeronautics $26.99B $27.47B $28.62B $30.26B
Rms $16.15B $16.24B $17.26B $17.31B
Space $11.53B $12.61B $12.48B $13.03B
Mfc $11.32B $11.25B $12.68B $14.45B
Total $65.98B $67.57B $71.04B $75.05B
Totals include 6 discontinued lines from earlier reporting.

Lockheed Martin revenue by segment: what the figures show

Lockheed Martin brought in $75.05B from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 5.6% from $71.04B in fiscal 2024. Aeronautics was the largest at $30.26B (40.3%), ahead of Rms at $17.31B (23.1%) and Mfc at $14.45B (19.3%). The remaining segment, Space, brought in $13.03B.

Compared with fiscal 2024, Mfc grew fastest, up 13.9% to $14.45B. Every segment above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these segments grew from $65.98B to $75.05B, a compound annual growth rate of 4.4%. Aeronautics' share of the total fell from 40.9% to 40.3%.

Annual history

Lockheed Martin Revenue by Geography

Years FY 2016–2025
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FY 2025 Total $75.05B

United States was Lockheed Martin’s largest region in fiscal 2025, bringing in $53.71B of $75.05B (72%).

Lockheed Martin revenue by geography, fiscal 2016 to 2025
Geography FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
United States $49.05B $49.93B $52.53B $53.71B
Europe $6.27B $7.01B $7.72B $8.81B
Asia Pacific $5.48B $5.85B $6.24B $7.82B
Middle East $3.80B $3.55B $3.08B $2.86B
Other $1.39B $1.23B $1.48B $1.86B
Total $65.98B $67.57B $71.04B $75.05B

Lockheed Martin revenue by geography: what the figures show

Lockheed Martin brought in $75.05B from its five regions in fiscal 2025, the year ended December 31, 2025. That was up 5.6% from $71.04B in fiscal 2024. United States was the largest at $53.71B (71.6%), ahead of Europe at $8.81B (11.7%) and Asia Pacific at $7.82B (10.4%). The other two regions brought in $4.72B combined.

Compared with fiscal 2024, Other grew fastest, up 25.4% to $1.86B, while Middle East fell the most, down 6.9% to $2.86B. From fiscal 2022 to 2025, combined revenue from these regions grew from $65.98B to $75.05B, a compound annual growth rate of 4.4%. United States' share of the total fell from 74.3% to 71.6%.

Annual history

Lockheed Martin Revenue by Customer

Years FY 2010–2025
Lines 3
FY 2025 Total $75.05B

U.S. Government was Lockheed Martin’s largest revenue line in fiscal 2025, bringing in $53.41B of $75.05B (71%).

Lockheed Martin revenue by customer, fiscal 2010 to 2025
Customer FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
U.S. Government $48.52B $49.42B $52.04B $53.41B
International $16.93B $17.64B $18.52B $21.34B
U.S. Commercial & Other $538.00M $504.00M $484.00M $293.00M
Total $65.98B $67.57B $71.04B $75.05B
Totals include 1 discontinued line from earlier reporting.

Lockheed Martin revenue by customer: what the figures show

Lockheed Martin brought in $75.05B from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 5.6% from $71.04B in fiscal 2024. U.S. Government was the largest at $53.41B (71.2%), ahead of International at $21.34B (28.4%) and U.S. Commercial & Other at $293.00M (0.4%).

Compared with fiscal 2024, International grew 15.3% to $21.34B and U.S. Government grew 2.6% to $53.41B. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $65.98B to $75.05B, a compound annual growth rate of 4.4%. U.S. Government's share of the total fell from 73.5% to 71.2%.

Questions

Lockheed Martin Revenue Breakdown FAQ

How does Lockheed Martin make money?

Lockheed Martin (LMT) reports its revenue by segment, by geography and by customer. In fiscal 2025, Aeronautics was its largest segment, bringing in $30.26B (40.3% of the total), followed by Rms at $17.31B (23.1%).

What is Lockheed Martin's largest segment?

Aeronautics was Lockheed Martin's largest segment in fiscal 2025, bringing in $30.26B, or 40.3% of the $75.05B total across its four segments.

What is Lockheed Martin's largest region?

United States was Lockheed Martin's largest region in fiscal 2025, bringing in $53.71B, or 71.6% of the $75.05B total across its five regions.

What is Lockheed Martin's largest revenue line?

U.S. Government was Lockheed Martin's largest revenue line in fiscal 2025, bringing in $53.41B, or 71.2% of the $75.05B total across its three revenue lines.

Which Lockheed Martin segment is growing the fastest?

Among Lockheed Martin's segments that make up at least 2% of revenue, Mfc grew fastest in fiscal 2025, up 13.9% from $12.68B to $14.45B.

Where does this revenue breakdown data come from?

Every figure comes from Lockheed Martin's annual financial filings, as reported. Each line keeps the name Lockheed Martin gives it, and years follow its fiscal calendar.

How far back does Lockheed Martin's revenue breakdown go?

Lockheed Martin's revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.