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    Lockheed Martin Corporation's Revenue

    • Lockheed Martin Corporation's annual revenue was $67.57B in fiscal year 2023. The annual revenue increased $1.59B from $65.98B (in 2022) to $67.57B (in 2023), representing a 2.41% year-over-year growth.

    • Lockheed Martin Corporation's quarterly revenue was $17.10B in the quarter ending Sep 2024. The quarterly revenue increased $226.00M from $16.88B (in Q3: June 2023) to $17.10B (in Q3: June 2024), representing a 1.34% year-over-year growth.

      • Over the past 10 years (2015 - 2024):
    • The highest annual revenue for Lockheed Martin Corporation was $67.57B in fiscal year 2023.
    • The lowest annual revenue was $46.13B in fiscal year 2015.
    • The average revenue was $58.22B.

      • Learn more about Lockheed Martin Corporation's Revenue by Segment and Revenue by Region.

      Check out competitors to Lockheed Martin Corporation in a side-by-side comparison.

      Explore additional financial metrics for Lockheed Martin Corporation.


      Definition of Revenue :
    • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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    2023

    Lockheed Martin Corporation's annual revenue was $67.57B in fiscal year 2023.

    Lockheed Martin Corporation's quarterly revenue was $15.13B(Q1: Mar 2023), $16.69B(Q2: Jun 2023), $16.88B(Q3: Sep 2023), $18.87B(Q4: Dec 2023) in fiscal year 2023.

    2022

    Lockheed Martin Corporation's annual revenue was $65.98B in fiscal year 2023.

    Lockheed Martin Corporation's quarterly revenue was $14.96B(Q1: Mar 2022), $15.45B(Q2: Jun 2022), $16.58B(Q3: Sep 2022), $18.99B(Q4: Dec 2022) in fiscal year 2022.

    2021

    Lockheed Martin Corporation's annual revenue was $67.04B in fiscal year 2023.

    Lockheed Martin Corporation's quarterly revenue was $16.26B(Q1: Mar 2021), $17.03B(Q2: Jun 2021), $16.03B(Q3: Sep 2021), $17.73B(Q4: Dec 2021) in fiscal year 2021.

    2020

    Lockheed Martin Corporation's annual revenue was $65.40B in fiscal year 2023.

    Lockheed Martin Corporation's quarterly revenue was $15.65B(Q1: Mar 2020), $16.22B(Q2: Jun 2020), $16.50B(Q3: Sep 2020), $17.03B(Q4: Dec 2020) in fiscal year 2020.

    2019

    Lockheed Martin Corporation's annual revenue was $59.81B in fiscal year 2023.

    Lockheed Martin Corporation's quarterly revenue was $14.34B(Q1: Mar 2019), $14.43B(Q2: Jun 2019), $15.17B(Q3: Sep 2019), $15.88B(Q4: Dec 2019) in fiscal year 2019.

    2018

    Lockheed Martin Corporation's annual revenue was $53.76B in fiscal year 2023.

    Lockheed Martin Corporation's quarterly revenue was $11.64B(Q1: Mar 2018), $13.40B(Q2: Jun 2018), $14.32B(Q3: Sep 2018), $14.41B(Q4: Dec 2018) in fiscal year 2018.

    2017

    Lockheed Martin Corporation's annual revenue was $51.05B in fiscal year 2023.

    Lockheed Martin Corporation's quarterly revenue was $11.06B(Q1: Mar 2017), $12.69B(Q2: Jun 2017), $12.17B(Q3: Sep 2017), $15.14B(Q4: Dec 2017) in fiscal year 2017.

    2016

    Lockheed Martin Corporation's annual revenue was $47.25B in fiscal year 2023.

    Lockheed Martin Corporation's quarterly revenue was $11.70B(Q1: Mar 2016), $12.91B(Q2: Jun 2016), $11.55B(Q3: Sep 2016), $13.75B(Q4: Dec 2016) in fiscal year 2016.

    2015

    Lockheed Martin Corporation's annual revenue was $46.13B in fiscal year 2023.

    Lockheed Martin Corporation's quarterly revenue was $10.11B(Q1: Mar 2015), $11.64B(Q2: Jun 2015), $11.46B(Q3: Sep 2015), $12.92B(Q4: Dec 2015) in fiscal year 2015.

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    2014 0
    2015 +1.17
    2016 +2.42
    2017 +8.04
    2018 +5.32
    2019 +11.25
    2020 +9.34
    2021 +2.52
    2022 -1.58
    2023 +2.41

    2023

    Lockheed Martin Corporation’s annual revenue increased +2.41% during fiscal year 2023 compared to 2022. It represents a growth of $1.59B from $65.98B (in 2022) to $67.57B (in 2023).

    2022

    Lockheed Martin Corporation’s annual revenue decreased -1.58% during fiscal year 2022 compared to 2021. It represents a decline of -$1.06B from $67.04B (in 2021) to $65.98B (in 2022).

    2021

    Lockheed Martin Corporation’s annual revenue increased +2.52% during fiscal year 2021 compared to 2020. It represents a growth of $1.65B from $65.40B (in 2020) to $67.04B (in 2021).

    2020

    Lockheed Martin Corporation’s annual revenue increased +9.34% during fiscal year 2020 compared to 2019. It represents a growth of $5.59B from $59.81B (in 2019) to $65.40B (in 2020).

    2019

    Lockheed Martin Corporation’s annual revenue increased +11.25% during fiscal year 2019 compared to 2018. It represents a growth of $6.05B from $53.76B (in 2018) to $59.81B (in 2019).

    2018

    Lockheed Martin Corporation’s annual revenue increased +5.32% during fiscal year 2018 compared to 2017. It represents a growth of $2.71B from $51.05B (in 2017) to $53.76B (in 2018).

    2017

    Lockheed Martin Corporation’s annual revenue increased +8.04% during fiscal year 2017 compared to 2016. It represents a growth of $3.80B from $47.25B (in 2016) to $51.05B (in 2017).

    2016

    Lockheed Martin Corporation’s annual revenue increased +2.42% during fiscal year 2016 compared to 2015. It represents a growth of $1.12B from $46.13B (in 2015) to $47.25B (in 2016).

    2015

    Lockheed Martin Corporation’s annual revenue increased +1.17% during fiscal year 2015 compared to 2014. It represents a growth of $532.00M from $45.60B (in 2014) to $46.13B (in 2015).

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    Summary Table (Annual)

    Period Revenue Year-over-Year Change
    2023 $67.57B +2.41%
    2022 $65.98B -1.58%
    2021 $67.04B +2.52%
    2020 $65.40B +9.34%
    2019 $59.81B +11.25%
    2018 $53.76B +5.32%
    2017 $51.05B +8.04%
    2016 $47.25B +2.42%
    2015 $46.13B +1.17%

    Summary Table (Quarterly)

    Period Revenue Year-over-Year Change
    Q3: Sep 24 $17.10B 1.34%
    Q2: Jun 24 $18.12B 8.56%
    Q1: Mar 24 $17.20B 13.68%
    Q4: Dec 23 $18.87B -0.62%
    Q3: Sep 23 $16.88B 1.78%
    Q2: Jun 23 $16.69B 8.07%
    Q1: Mar 23 $15.13B 1.08%
    Q4: Dec 22 $18.99B 7.12%
    Q3: Sep 22 $16.58B 3.46%
    Q2: Jun 22 $15.45B -9.30%
    Q1: Mar 22 $14.96B -7.96%
    Q4: Dec 21 $17.73B 4.09%
    Q3: Sep 21 $16.03B -2.83%
    Q2: Jun 21 $17.03B 4.99%
    Q1: Mar 21 $16.26B 3.88%
    Q4: Dec 20 $17.03B 7.27%
    Q3: Sep 20 $16.50B 8.73%
    Q2: Jun 20 $16.22B 12.43%
    Q1: Mar 20 $15.65B 9.17%
    Q4: Dec 19 $15.88B 10.18%
    Q3: Sep 19 $15.17B 5.96%
    Q2: Jun 19 $14.43B 7.68%
    Q1: Mar 19 $14.34B 23.21%
    Q4: Dec 18 $14.41B -4.80%
    Q3: Sep 18 $14.32B 17.66%
    Q2: Jun 18 $13.40B 5.62%
    Q1: Mar 18 $11.64B 5.23%
    Q4: Dec 17 $15.14B 10.07%
    Q3: Sep 17 $12.17B 5.35%
    Q2: Jun 17 $12.69B -1.77%
    Q1: Mar 17 $11.06B -5.51%
    Q4: Dec 16 $13.75B 6.46%
    Q3: Sep 16 $11.55B 0.79%
    Q2: Jun 16 $12.91B 10.92%
    Q1: Mar 16 $11.70B 15.74%
    Q4: Dec 15 $12.92B 3.09%
    Q3: Sep 15 $11.46B 3.12%
    Q2: Jun 15 $11.64B 2.98%
    Q1: Mar 15 $10.11B -5.06%

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