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Lockheed Martin Corporation's Revenue

  • Lockheed Martin Corporation's annual revenue was $71.04 B in fiscal year 2024. The annual revenue increased $3.47 B from $67.57 B (in 2023) to $71.04 B (in 2024), representing a 5.14% year-over-year growth.

  • Lockheed Martin Corporation's quarterly revenue was $18.62 B in the quarter ending Dec 2024. The quarterly revenue decreased -$252.00 M from $18.87 B (in Q4: Sept 2023) to $18.62 B (in Q4: Sept 2024), representing a -1.34% year-over-year decline.

  • Over the past 10 years (2015 - 2024):
  • The highest annual revenue for Lockheed Martin Corporation was $71.04 B in fiscal year 2024.
  • The lowest annual revenue was $46.13 B in fiscal year 2015.
  • The average revenue was $59.50 B.

  • 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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2024

Lockheed Martin Corporation's annual revenue was $71.04 B in fiscal year 2024.

Lockheed Martin Corporation's quarterly revenue was $17.20 B(Q1: Mar 2024), $18.12 B(Q2: Jun 2024), $17.10 B(Q3: Sep 2024), $18.62 B(Q4: Dec 2024) in fiscal year 2024.

2023

Lockheed Martin Corporation's annual revenue was $67.57 B in fiscal year 2024.

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

2022

Lockheed Martin Corporation's annual revenue was $65.98 B in fiscal year 2024.

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

2021

Lockheed Martin Corporation's annual revenue was $67.04 B in fiscal year 2024.

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

2020

Lockheed Martin Corporation's annual revenue was $65.40 B in fiscal year 2024.

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

2019

Lockheed Martin Corporation's annual revenue was $59.81 B in fiscal year 2024.

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

2018

Lockheed Martin Corporation's annual revenue was $53.76 B in fiscal year 2024.

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

2017

Lockheed Martin Corporation's annual revenue was $51.05 B in fiscal year 2024.

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

2016

Lockheed Martin Corporation's annual revenue was $47.25 B in fiscal year 2024.

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

2015

Lockheed Martin Corporation's annual revenue was $46.13 B in fiscal year 2024.

Lockheed Martin Corporation's quarterly revenue was $10.11 B(Q1: Mar 2015), $11.64 B(Q2: Jun 2015), $11.46 B(Q3: Sep 2015), $12.92 B(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
2024 +5.14

2024

Lockheed Martin Corporation’s annual revenue increased +5.14% during fiscal year 2024 compared to 2023. It represents a growth of $3.47 B from $67.57 B (in 2023) to $71.04 B (in 2024).

2023

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

2022

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

2021

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

2020

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

2019

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

2018

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

2017

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

2016

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

2015

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

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Summary Table (Annual)

Period Revenue Year-over-Year Change
2024 $71.04 B +5.14%
2023 $67.57 B +2.41%
2022 $65.98 B -1.58%
2021 $67.04 B +2.52%
2020 $65.40 B +9.34%
2019 $59.81 B +11.25%
2018 $53.76 B +5.32%
2017 $51.05 B +8.04%
2016 $47.25 B +2.42%
2015 $46.13 B +1.17%

Summary Table (Quarterly)

Period Revenue Year-over-Year Change
Q4: Dec 24 $18.62 B -1.34%
Q3: Sep 24 $17.10 B 1.34%
Q2: Jun 24 $18.12 B 8.56%
Q1: Mar 24 $17.20 B 13.68%
Q4: Dec 23 $18.87 B -0.62%
Q3: Sep 23 $16.88 B 1.78%
Q2: Jun 23 $16.69 B 8.07%
Q1: Mar 23 $15.13 B 1.08%
Q4: Dec 22 $18.99 B 7.12%
Q3: Sep 22 $16.58 B 3.46%
Q2: Jun 22 $15.45 B -9.30%
Q1: Mar 22 $14.96 B -7.96%
Q4: Dec 21 $17.73 B 4.09%
Q3: Sep 21 $16.03 B -2.83%
Q2: Jun 21 $17.03 B 4.99%
Q1: Mar 21 $16.26 B 3.88%
Q4: Dec 20 $17.03 B 7.27%
Q3: Sep 20 $16.50 B 8.73%
Q2: Jun 20 $16.22 B 12.43%
Q1: Mar 20 $15.65 B 9.17%
Q4: Dec 19 $15.88 B 10.18%
Q3: Sep 19 $15.17 B 5.96%
Q2: Jun 19 $14.43 B 7.68%
Q1: Mar 19 $14.34 B 23.21%
Q4: Dec 18 $14.41 B -4.80%
Q3: Sep 18 $14.32 B 17.66%
Q2: Jun 18 $13.40 B 5.62%
Q1: Mar 18 $11.64 B 5.23%
Q4: Dec 17 $15.14 B 10.07%
Q3: Sep 17 $12.17 B 5.35%
Q2: Jun 17 $12.69 B -1.77%
Q1: Mar 17 $11.06 B -5.51%
Q4: Dec 16 $13.75 B 6.46%
Q3: Sep 16 $11.55 B 0.79%
Q2: Jun 16 $12.91 B 10.92%
Q1: Mar 16 $11.70 B 15.74%
Q4: Dec 15 $12.92 B 3.09%
Q3: Sep 15 $11.46 B 3.12%
Q2: Jun 15 $11.64 B 2.98%
Q1: Mar 15 $10.11 B -5.06%