Lockheed Martin annual operating expenses
2020
2022
2023
2024
2025
Lockheed Martin Operating Expenses Growth & History (LMT)
Lockheed Martin's operating expenses was −$112.0M for fiscal 2025.
View full Lockheed Martin company overviewLockheed Martin annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$112.0M | −$29.0M | — |
| 2024 | 2024-12-31 | −$83.0M | −$55.0M | — |
| 2023 | 2023-12-31 | −$28.0M | $33.0M | — |
| 2022 | 2022-12-31 | −$61.0M | — | — |
| 2020 | 2020-12-31 | $10.0M | — | — |
Lockheed Martin quarterly operating expenses
Q1.10
Q2.10
Q1.11
Q2.11
Q1.15
Q2.15
Q4.16
Q1.17
Q4.18
Q2.20
Q1.21
Q3.21
Q4.22
Q1.23
Q3.23
Q4.23
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-28 | −$33.0M | −$19.0M | — |
| Q1 2026 | 2026-03-29 | $15.0M | — | — |
| Q4 2025 | 2025-12-31 | −$9.0M | — | — |
| Q3 2025 | 2025-09-28 | −$40.0M | — | — |
| Q2 2025 | 2025-06-29 | −$14.0M | — | — |
| Q4 2023 | 2023-12-31 | $2.0M | −$7.0M | −77.78% |
| Q3 2023 | 2023-09-24 | $6.0M | — | — |
| Q1 2023 | 2023-03-26 | $9.0M | — | — |
| Q4 2022 | 2022-12-31 | $9.0M | — | — |
| Q3 2021 | 2021-09-26 | $8.0M | — | — |
| Q1 2021 | 2021-03-28 | $4.0M | — | — |
| Q2 2020 | 2020-06-28 | $127.0M | — | — |
| Q4 2018 | 2018-12-31 | $91.0M | — | — |
| Q1 2017 | 2017-03-26 | $4.0M | — | — |
| Q4 2016 | 2016-12-31 | $70.0M | — | — |
| Q2 2015 | 2015-06-28 | $98.0M | — | — |
| Q1 2015 | 2015-03-29 | $116.0M | — | — |
| Q2 2011 | 2011-06-26 | $256.0M | $107.0M | +71.81% |
| Q1 2011 | 2011-03-27 | $299.0M | $122.0M | +68.93% |
| Q2 2010 · Jun 27 | 2010-06-27 | $149.0M | — | — |
| Q1 2010 · Mar 28 | 2010-03-28 | $177.0M | — | — |
Lockheed Martin operating expenses trends
Over the last five fiscal years, Lockheed Martin's operating expenses decreased from $10.0M to −$112.0M, a change of −$122.0M. The latest reported quarter, Q2 2026, shows −$33.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lockheed Martin source filings ↗Community posts
IBM and Lockheed Martin establish a Swiss quantum-computing hub
IBM ($IBM) and Lockheed Martin ($LMT) established a quantum-innovation hub at ETH Zurich through an offset agreement with Switzerland’s defense-procurement agency, armasuisse. The hub plans to host Switzerland’s first IBM Quantum System Two ...