The financials
Lockheed Martin by the numbers
Lockheed Martin (LMT) reported revenue of $20.1B in Q2 2026 (quarter ended June 28, 2026), up 11% from the same quarter a year earlier. That came with a gross margin of 12% and net income of $1.84B (9.2% of revenue). For the full year FY2025, revenue was $75.0B (+5.6% year on year) and net income $5.02B. Its largest region in 2026-Q2 was United States at $4.75B, 59% of the disclosed total, just ahead of Europe at 21%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $20.1B | $18.2B | +11% |
| Gross profit | $2.45B | $734M | +233% |
| Operating income | $2.48B | $748M | +231% |
| Net income | $1.84B | $342M | +437% |
| Diluted EPS | $7.94 | $1.46 | +444% |
| Geographic | Revenue | Share |
|---|---|---|
| United States | $4.75B | 59% |
| Europe | $1.73B | 21% |
| Asia Pacific | $1.14B | 14% |
| Other Region | $364M | 4.5% |
| Middle East | $126M | 1.6% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $8.11B (+17%)
Other Region grew +66% year on yearMiddle East -21% year on year
Segment Latestquarter on quarteryear on year
- United States$4.75B$4.75BQoQ +15%year on year +2.1%+15%+2.1%
- Europe$1.73B$1.73BQoQ +20%year on year +23%+20%+23%
- Asia Pacific$1.14B$1.14BQoQ +26%year on year +16%+26%+16%
- Other Region$364.0M$364.0MQoQ +52%year on year +66%+52%+66%
- Middle East$126.0M$126.0MQoQ -44%year on year -21%-44%-21%
Aerospace & Defense
Ranks #9 of 48 by Smart Score