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Lockheed Martin Net Income 2007-2026 | LMT

Annual FY2007–FY2025 · quarterly through Q3 FY2026

Latest annual · FY2025

$5.02B

−6.0%YoY vs FY2024Source: 10-KFY2025

From $3.03B in FY2007 to $5.02B in FY2025: 1.7× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$1.5B−13.1%$1.8B+436.8%$1.8B+14.0%Not reported
FY25$1.7B+10.8%$342M−79.2%$1.6B−0.2%$1.3B+155.0%
FY24$1.5B−8.5%$1.6B−2.4%$1.6B−3.6%$527M−71.8%
FY23$1.7B−2.5%$1.7B+444.0%$1.7B−5.3%$1.9B−2.4%
FY22$1.7B−5.7%$309M−83.0%$1.8B+189.6%$1.9B−6.7%
Share28%20%25%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionDeclining
CAGR

−6.0%

FY2020
$6.83B
FY2025
$5.02B

5 years selected · on the chart

01—History

Net Income History

Year-over-year comparison from 10-K annual reports

  19. $5.02B
YoY changeLargest recent move+157.1%in FY18Latest −6.0%

1 older move runs past ±150% (largest +157.1%); point at, tap or drag across the bars to read one.

02—Ledger

Net Income, period by period

PeriodValueChangeSource
FY2025$5.02B−6.0%10-K
FY2024$5.34B−22.9%10-K
FY2023$6.92B+20.7%10-K
FY2022$5.73B−9.2%10-K
FY2021$6.32B−7.6%10-K
FY2020$6.83B+9.7%10-K
FY2019$6.23B+23.5%10-K
FY2018$5.05B+157.1%10-K
FY2017$1.96B−62.1%10-K
FY2016$5.17B+43.5%10-K
FY2015$3.60B−0.2%10-K
FY2014$3.61B+21.2%10-K
FY2013$2.98B+8.6%10-K
FY2012$2.75B+3.4%10-K
FY2011$2.65B−7.7%10-K
FY2010$2.88B−3.2%10-K
FY2009$2.97B−7.6%10-K
FY2008$3.22B+6.1%10-K
FY2007$3.03B—10-K

03—Questions

What is net income?

Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.

What is Lockheed Martin's current net income?

Lockheed Martin (LMT) annual net income for 2025 was $5.02B, a 5.98% decline from 2024. Lockheed Martin net income for the quarter ending September 27, 2026 was $1.84B.

What was Lockheed Martin's net income in 2024?

Lockheed Martin annual net income for 2024 was $5.34B, a 22.89% decline from 2023.

What was Lockheed Martin's net income in 2023?

Lockheed Martin annual net income for 2023 was $6.92B, a 20.73% increase from 2022.

What is Lockheed Martin's 5-year net income CAGR?

Lockheed Martin net income grew at a compound annual growth rate (CAGR) of 5.99% from FY2020 to FY2025, going from $6.83B to $5.02B over 5 years.

Company
Lockheed Martin
Ticker
LMT
Sector
Other
Industry
Guided Missiles & Space Vehicles & Parts
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