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

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

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated 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

Aeronautics

30,257,000,000 US dollars

Missiles and Fire Control

14,450,000,000 US dollars

Rotary and Mission Systems

17,312,000,000 US dollars

Space

13,029,000,000 US dollars

is.operating_expenses

0 US dollars

Other income, net

negative 112,000,000 US dollars

Aeronautics costs (calculated)

28,171,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Missiles and Fire Control costs (calculated)

12,461,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Rotary and Mission Systems costs (calculated)

15,989,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Space costs (calculated)

11,684,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

negative 988,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

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.