LMT — Lockheed Martin Income Statement

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Annual income statement for Lockheed Martin, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	67,044	65,984	67,571	71,043	75,048
Cost of Revenue
Gross Profit	9,097	8,387	8,571	7,017	7,685
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	59,621	59,170	59,064	64,030	67,317
Operating Profit	7,423	6,814	8,507	7,013	7,731
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	7,550	6,680	8,098	6,220	5,922
Provision for Income Taxes
Net Income After Taxes	6,315	5,732	6,920	5,336	5,017
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	6,315	5,732	6,920	5,336	5,017
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	6,315	5,732	6,920	5,336	5,017
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	28	27	27.9	29.1	28.9
Dividends per Share