LOCKHEED MARTIN CORP(LMT)— Stock Profile, AI Score & Financials
Industrials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
LOCKHEED MARTIN CORP (LMT) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores LMT at 65.6/100 on a 32-signal composite quality model, placing it at rank #470 of 2,960 stocks — the top 25% of the AI-ranked universe. LMT scores in the top quartile across revenue scale (98.0), balance sheet strength (86.1). Based on the latest XBRL financial filings (Q2 2026), LOCKHEED MARTIN CORP reports quarterly revenue of $20.1B, net income of $1.8B, an operating margin of 12.4%. Top institutional holders of LMT by reported 13-F value include STATE STREET, BlackRock, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. LMT trades on the NYSE exchange and files with the SEC under CIK 936468. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LMT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for LOCKHEED MARTIN CORP directly from SEC EDGAR.
AI Quality Score
65.6/100
AI Rank
#470
Revenue
$20.1B
Net Income
$1.8B
Free Cash Flow
$2.9B
Operating Margin
12.4%
LMT key financials by period
LOCKHEED MARTIN CORP reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$75.0B
$5.0B
10.3%
FY 2024
10-K
$71.0B
$5.3B
9.9%
FY 2023
10-K
$67.6B
$6.9B
12.6%
FY 2022
10-K
$66.0B
$5.7B
12.7%
FY 2021
10-K
$67.0B
$6.3B
13.6%
FY 2020
10-K
$65.4B
$6.8B
13.2%
Institutions holding LMT
Institutional investors reporting a position in LOCKHEED MARTIN CORP on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-07-23 — Q2 2026 (quarter ended June 28, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Sales reached $20.1B and net earnings $1.8B ($7.94 per share) versus $342M, as prior-year reach-forward losses of $950M at Aeronautics and $570M at RMS did not recur.
Biggest Revenue Drivers
Aeronautics$8,112M+9% YoY
Higher F-35 production volume ($475M) plus $360M sales impact of the 2025 classified-contract reach-forward loss, partly offset by lower F-16/C-130 sustainment.
Rotary and Mission Systems$4,354M+9% YoY
$255M from the sales impact of 2025 CMHP and TUHP reach-forward losses and $115M on undersea combat systems and River Class Destroyer.
Biggest Revenue Drivers
Total revenue: $20.1B
Aeronautics$8,112M+9% YoY
Higher F-35 production volume ($475M) plus $360M sales impact of the 2025 classified-contract reach-forward loss, partly offset by lower F-16/C-130 sustainment.
Within Aeronautics
F-35 program~28% of total consolidated sales
19 F-35 aircraft delivered in the quarter; backlog of 317 aircraft.
Rotary and Mission Systems$4,354M+9% YoY
$255M from the sales impact of 2025 CMHP and TUHP reach-forward losses and $115M on undersea combat systems and River Class Destroyer.
Missiles and Fire Control$4,101M+19% YoY
$560M higher on integrated air and missile defense production ramps (PAC-3 and THAAD) and $100M on tactical and strike missiles (PrSM).
Space$3,496M+6% YoY
Higher sales of $190M on strategic and missile defense programs due to increased volume (Fleet Ballistic Missile and Next Generation Interceptor).
Largest Expense Items
Product operating costs$15,063M+4% YoY
Higher costs of $515M at MFC, $165M at RMS and $155M at Space on production ramp-up, offset by $240M lower at Aeronautics.
Service operating costs$2,862M-9% YoY
Lower service costs of approximately $410M at RMS, partially offset by approximately $75M higher at Aeronautics.
Interest expense$266M
Down from $274M; $1.2B of long-term notes repaid at scheduled maturity year-to-date.
Non-service FAS pension expense$80M
Down from $99M; FAS/CAS pension operating adjustment was a favorable $422M versus $379M.
Margins: Product costs fell to 89.8% of product sales from 95.5%, and service costs to 87.3% from 104.1%, lifting gross profit to $2,446M from $734M. Net favorable profit booking rate adjustments were $375M versus negative $1,045M.
Watch Items from the Filing
Aeronautics classified program cumulative losses remain approximately $1.8B, with $427M still accrued; management says additional losses could be material if performance or scope issues arise.
MFC classified program cumulative losses remain approximately $1.5B, $1.1B accrued; remaining unexercised fixed-price options are considered probable of exercise and expected to be performed at a loss.
Backlog reached $230.4B, up $36.8B in six months, primarily from an undefinitized contractual action for the THAAD program at MFC.
Guarantee of up to $500M of United Launch Alliance borrowings ($64M fair value recognized) after Vulcan Centaur performance challenges; further support and impairment losses possible.
F-35 represented approximately 28% of total consolidated sales; announced $3.45B Ultra Maritime acquisition to be funded with cash and additional financing, closing expected fourth quarter 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
