LOCKHEED MARTIN CORPORATION (LMT) FY2025 Annual P&L / Income Statement

Revenue by Product and Service

2025-01-01 to 2025-12-31

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LOCKHEED MARTIN CORPORATION (LMT) FY2025 Annual P&L / Income StatementIncome statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProducts revenueServices revenueTotal salesGross profitTotal operating costs and expensesProducts cost of revenueServices cost of revenueOther unallocated, netImpairment and other chargesOperating profitOperating costs, net of other operating income (calculated)Other income, netEarnings before income taxesOther income (expense), net (calculated)Net earningsIncome tax expenseEarnings before income taxesEarnings beforeincome taxes$5.92 BTotal salesTotal sales$75.05 BGross profitGross profit$7.62 BOperating profitOperating profit$7.73 BNet earningsNet earnings$5.02 BTotal operating costs and expensesTotal operatingcosts and expenses$67.43 BOperating costs, net of other operating income (calculated)Operating costs,net (calculated)−$112.00 MOther income, netOther income, net−$112.00 MIncome tax expenseIncome tax expense$905.00 MProducts revenueProducts$62.65 BOther income (expense), net (calculated)Other income,net (calculated)−$1.81 BProducts cost of revenueProducts$57.02 BServices revenueServices$12.39 BServices cost of revenueServices$11.34 BOther unallocated, netOther unallocated, net−$996.00 MImpairment and other chargesImpairment andother charges$66.00 M
Chart details

LOCKHEED MARTIN CORPORATION (LMT) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue and costs use their disclosed categories.

Total sales
75,048,000,000 US dollars
Total operating costs and expenses
67,429,000,000 US dollars
Gross profit
7,619,000,000 US dollars
Operating costs, net of other operating income (calculated)
negative 112,000,000 US dollars
Operating profit
7,731,000,000 US dollars
Other income (expense), net (calculated)
negative 1,809,000,000 US dollars
Earnings before income taxes
5,922,000,000 US dollars
Income tax expense
905,000,000 US dollars
Net earnings
5,017,000,000 US dollars
Products revenue
62,654,000,000 US dollars
Services revenue
12,394,000,000 US dollars
Products cost of revenue
57,020,000,000 US dollars
Services cost of revenue
11,339,000,000 US dollars
Impairment and other charges
66,000,000 US dollars
Other unallocated, net
negative 996,000,000 US dollars
is.operating_expenses
0 US dollars
Other income, net
negative 112,000,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
LOCKHEED MARTIN CORPORATION (LMT) FY2025 Annual P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

10.2%

Gross profit / revenue

Operating margin

10.3%

Operating profit / revenue

Cash conversion

170.6%

Operating cash / net income, same period

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