$LMT
LOCKHEED MARTIN CORP
CIK:0000936468|SEC Filings
Consolidated Statements of Earnings - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 28, 2026 |
Jun. 29, 2025 |
Jun. 28, 2026 |
Jun. 29, 2025 |
|
| Sales | ||||
| Total sales | $ 20,063 | $ 18,155 | $ 38,084 | $ 36,118 |
| Operating costs and expenses | ||||
| Impairment and other charges | 0 | (66) | 0 | (66) |
| Other unallocated, net | 308 | 244 | 547 | 528 |
| Total operating costs and expenses | (17,617) | (17,421) | (33,560) | (33,061) |
| Gross profit | 2,446 | 734 | 4,524 | 3,057 |
| Other income, net | 33 | 14 | 18 | 63 |
| Operating profit | 2,479 | 748 | 4,542 | 3,120 |
| Interest expense | (266) | (274) | (535) | (542) |
| Non-service FAS pension expense | (80) | (99) | (160) | (197) |
| Other non-operating income, net | 45 | 42 | 105 | 72 |
| Earnings before income taxes | 2,178 | 417 | 3,952 | 2,453 |
| Income tax expense | (342) | (75) | (628) | (399) |
| Net earnings | $ 1,836 | $ 342 | $ 3,324 | $ 2,054 |
| Earnings per common share | ||||
| Basic (in dollars per share) | $ 7.98 | $ 1.46 | $ 14.45 | $ 8.78 |
| Diluted (in dollars per share) | $ 7.94 | $ 1.46 | $ 14.38 | $ 8.75 |
| Products | ||||
| Sales | ||||
| Total sales | $ 16,783 | $ 15,149 | $ 31,614 | $ 30,085 |
| Operating costs and expenses | ||||
| Costs of products and services sold | (15,063) | (14,469) | (28,461) | (27,753) |
| Services | ||||
| Sales | ||||
| Total sales | 3,280 | 3,006 | 6,470 | 6,033 |
| Operating costs and expenses | ||||
| Costs of products and services sold | $ (2,862) | $ (3,130) | $ (5,646) | $ (5,770) |