Lockheed Martin (LMT) Revenue & Revenue Breakdown
Lockheed Martin Revenue Highlights
Latest Revenue (Y)
$67.57B
Latest Revenue (Q)
$18.12B
Main Segment (Y)
Product
Main Geography (Y)
Europe
Lockheed Martin Revenue by Period
Lockheed Martin Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $67.57B | 2.41% |
| 2022-12-31 | $65.98B | -1.58% |
| 2021-12-31 | $67.04B | 2.52% |
| 2020-12-31 | $65.40B | 9.34% |
| 2019-12-31 | $59.81B | 11.25% |
| 2018-12-31 | $53.76B | 5.32% |
| 2017-12-31 | $51.05B | 8.04% |
| 2016-12-31 | $47.25B | 2.42% |
| 2015-12-31 | $46.13B | 1.17% |
| 2014-12-31 | $45.60B | 0.53% |
| 2013-12-31 | $45.36B | -3.87% |
| 2012-12-31 | $47.18B | 1.47% |
| 2011-12-31 | $46.50B | 1.52% |
| 2010-12-31 | $45.80B | 1.36% |
| 2009-12-31 | $45.19B | 5.75% |
| 2008-12-31 | $42.73B | 2.08% |
| 2007-12-31 | $41.86B | 5.66% |
| 2006-12-31 | $39.62B | 6.47% |
| 2005-12-31 | $37.21B | 4.75% |
| 2004-12-31 | $35.53B | 11.63% |
| 2003-12-31 | $31.82B | 19.74% |
| 2002-12-31 | $26.58B | 10.79% |
| 2001-12-31 | $23.99B | -5.29% |
| 2000-12-31 | $25.33B | -0.79% |
| 1999-12-31 | $25.53B | -2.80% |
| 1998-12-31 | $26.27B | -6.42% |
| 1997-12-31 | $28.07B | 4.44% |
| 1996-12-31 | $26.88B | 17.60% |
| 1995-12-31 | $22.85B | -0.23% |
| 1994-12-31 | $22.91B | 2.27% |
| 1993-12-31 | $22.40B | - |
Lockheed Martin generated $67.57B in revenue during NA 2023, up 2.41% compared to the previous quarter, and up 125.69% compared to the same period a year ago.
Lockheed Martin Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $18.12B | 5.39% |
| 2024-03-31 | $17.20B | -8.90% |
| 2023-12-31 | $18.87B | 11.83% |
| 2023-09-24 | $16.88B | 1.11% |
| 2023-06-25 | $16.69B | 10.36% |
| 2023-03-26 | $15.13B | -20.35% |
| 2022-12-31 | $18.99B | 14.52% |
| 2022-09-25 | $16.58B | 7.36% |
| 2022-06-26 | $15.45B | 3.22% |
| 2022-03-27 | $14.96B | -15.60% |
| 2021-12-31 | $17.73B | 10.61% |
| 2021-09-26 | $16.03B | -5.88% |
| 2021-06-27 | $17.03B | 4.74% |
| 2021-03-28 | $16.26B | -4.54% |
| 2020-12-31 | $17.03B | 3.26% |
| 2020-09-27 | $16.50B | 1.70% |
| 2020-06-28 | $16.22B | 3.64% |
| 2020-03-29 | $15.65B | -1.43% |
| 2019-12-31 | $15.88B | 4.66% |
| 2019-09-29 | $15.17B | 5.16% |
| 2019-06-30 | $14.43B | 0.63% |
| 2019-03-31 | $14.34B | -0.52% |
| 2018-12-31 | $14.41B | 0.65% |
| 2018-09-30 | $14.32B | 6.87% |
| 2018-06-24 | $13.40B | 15.15% |
| 2018-03-25 | $11.63B | -23.14% |
| 2017-12-31 | $15.14B | 24.39% |
| 2017-09-24 | $12.17B | -4.07% |
| 2017-06-25 | $12.69B | 14.72% |
| 2017-03-26 | $11.06B | -19.60% |
| 2016-12-31 | $13.75B | 19.05% |
| 2016-09-25 | $11.55B | -10.55% |
| 2016-06-26 | $12.91B | 10.36% |
| 2016-03-27 | $11.70B | -9.41% |
| 2015-12-31 | $12.92B | 12.70% |
| 2015-09-27 | $11.46B | -1.56% |
| 2015-06-28 | $11.64B | 15.15% |
| 2015-03-29 | $10.11B | -19.31% |
| 2014-12-31 | $12.53B | 12.74% |
| 2014-09-28 | $11.11B | -1.70% |
| 2014-06-29 | $11.31B | 6.16% |
| 2014-03-30 | $10.65B | -7.66% |
| 2013-12-31 | $11.53B | 1.64% |
| 2013-09-29 | $11.35B | -0.53% |
| 2013-06-30 | $11.41B | 3.05% |
| 2013-03-31 | $11.07B | -8.50% |
| 2012-12-31 | $12.10B | 1.94% |
| 2012-09-30 | $11.87B | -0.44% |
| 2012-06-24 | $11.92B | 5.56% |
| 2012-03-25 | $11.29B | -7.52% |
| 2011-12-31 | $12.21B | 0.76% |
| 2011-09-25 | $12.12B | 4.92% |
| 2011-06-26 | $11.55B | 8.63% |
| 2011-03-27 | $10.63B | -16.89% |
| 2010-12-31 | $12.79B | 12.47% |
| 2010-09-26 | $11.38B | -0.59% |
| 2010-06-27 | $11.44B | 7.57% |
| 2010-03-28 | $10.64B | -15.07% |
| 2009-12-31 | $12.52B | 13.28% |
| 2009-09-27 | $11.06B | -1.60% |
| 2009-06-28 | $11.24B | 8.32% |
| 2009-03-29 | $10.37B | -6.82% |
| 2008-12-31 | $11.13B | 5.25% |
| 2008-09-28 | $10.58B | -4.19% |
| 2008-06-29 | $11.04B | 10.58% |
| 2008-03-30 | $9.98B | - |
Lockheed Martin generated $18.12B in revenue during Q2 2024, up 5.39% compared to the previous quarter, and up 119.81% compared to the same period a year ago.
Lockheed Martin Revenue Breakdown
Lockheed Martin Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service | $11.31B | $9.76B | - | - | - |
| Product | $56.27B | $50.05B | - | - | - |
| Rotary and Mission Systems | - | $16.15B | $15.99B | - | - |
| Aeronautics | - | $26.99B | $26.27B | - | - |
| Missiles And Fire Control | - | $11.32B | $11.26B | - | - |
| Space | - | $11.53B | $11.88B | - | - |
| Atomic Weapons Establishment | - | - | $885.00M | - | - |
Lockheed Martin's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (83.27%), and Service (16.73%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Space | $3.19B | $3.27B | $3.38B | $3.17B | $2.96B | $3.27B | $2.88B | $2.83B | $2.56B | $2.92B | $3.18B | $3.02B | $3.24B | $2.85B | $2.88B | $2.92B | $2.84B | $2.68B | - | - |
| Missiles And Fire Control | $3.10B | $2.99B | $3.17B | $2.75B | $2.39B | $3.29B | $2.83B | $2.75B | $2.45B | $3.22B | $2.94B | $2.75B | $2.87B | $2.97B | $2.80B | $2.62B | $2.77B | $2.60B | - | - |
| Aeronautics | $7.28B | $6.84B | $7.61B | $6.88B | $6.27B | $7.63B | $7.09B | $5.86B | $6.40B | $7.13B | $6.67B | $6.39B | $6.71B | $6.68B | $6.50B | $6.37B | $6.38B | $6.18B | - | - |
| Rotary and Mission Systems | $4.55B | $4.09B | $4.71B | $3.90B | $3.51B | $4.80B | $3.78B | $4.01B | $3.55B | $4.46B | $4.24B | $4.11B | $4.21B | $4.00B | $4.04B | $3.75B | $3.89B | $3.71B | - | - |
| Product | - | - | $42.25B | $14.01B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service | - | - | $8.44B | $2.86B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Atomic Weapons Establishment | - | - | - | - | - | - | - | - | - | - | - | $350.00M | - | - | - | - | - | - | - | - |
Lockheed Martin's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Aeronautics (40.16%), Rotary and Mission Systems (25.10%), Space (17.63%), and Missiles And Fire Control (17.12%).
Lockheed Martin Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 |
|---|---|
| Middle East | $3.55B |
| Europe | $7.01B |
| Asia Pacific | $5.85B |
| Other Region | $1.23B |
Lockheed Martin's latest annual revenue breakdown by geography, as of Dec 23: Europe (39.74%), Asia Pacific (33.16%), Middle East (20.14%), and Other Region (6.96%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Sep 21 | Mar 18 |
|---|---|---|---|---|---|---|
| Europe | $1.78B | $1.74B | $2.21B | $1.66B | $1.38B | $426.00M |
| Middle East | $845.00M | $739.00M | $1.01B | $880.00M | $1.14B | $7.00M |
| Other Region | $403.00M | $315.00M | $319.00M | $315.00M | $261.00M | - |
| Asia Pacific | $1.64B | $1.41B | $1.67B | $1.47B | $1.37B | $23.00M |
| UNITED STATES | - | - | - | - | - | $1.88B |
Lockheed Martin's latest quarterly revenue breakdown by geography, as of Jun 24: Europe (38.13%), Asia Pacific (35.13%), Middle East (18.10%), and Other Region (8.63%).
Lockheed Martin Peer Comparison by Revenue
LMT Revenue FAQ
What is Lockheed Martin’s yearly revenue?
Lockheed Martin's yearly revenue for 2023 was $67.57B, representing an increase of 2.41% compared to 2022. The company's yearly revenue for 2022 was $65.98B, representing a decrease of -1.58% compared to 2021. LMT's yearly revenue for 2021 was $67.04B, representing an increase of 2.52% compared to 2020.
What is Lockheed Martin’s quarterly revenue?
Lockheed Martin's quarterly revenue for Q2 2024 was $18.12B, a 5.39% increase from the previous quarter (Q1 2024), and a 8.56% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $17.2B, a -8.90% decrease from the previous quarter (Q4 2023), and a 13.68% increase year-over-year (Q1 2023). LMT's quarterly revenue for Q4 2023 was $18.87B, a 11.83% increase from the previous quarter (Q3 2023), and a -0.62% decrease year-over-year (Q4 2022).
What is Lockheed Martin’s revenue growth rate?
Lockheed Martin's revenue growth rate for the last 3 years (2021-2023) was 0.79%, and for the last 5 years (2019-2023) was 12.97%.
What are Lockheed Martin’s revenue streams?
Lockheed Martin's revenue streams in c 23 are Service, and Product. Service generated $11.31B in revenue, accounting 16.73% of the company's total revenue, up 15.85% year-over-year. Product generated $56.26B in revenue, accounting 83.27% of the company's total revenue, up 12.41% year-over-year.
What is Lockheed Martin’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Lockheed Martin was Product. This segment made a revenue of $56.26B, representing 83.27% of the company's total revenue.