Lockheed Martin (LMT) Revenue — Quarter Ended Jun 25, 2023
Revenue rose in the current quarter compared to both the preceding quarter and the same quarter a year earlier. The increase was supported by higher sales in both products and services segments.
Key takeaway
Quarter ended Jun 25, 2023 · FY2023 Q2
Revenue rose in the current quarter compared to both the preceding quarter and the same quarter a year earlier. The increase was supported by higher sales in both products and services segments.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$16.7B
Revenue reported for this quarter.
Quarter-over-quarter
+10.4%
Change from the immediately preceding quarter.
Year-over-year
+8.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$67.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 25, 2022 | $16.6B | +3.5% |
| Dec 31, 2022 | $19B | +7.1% |
| Mar 26, 2023 | $15.1B | +1.1% |
| Jun 25, 2023 | $16.7B | +8.1% |
Revenue performance
After a decline in the prior quarter, revenue rebounded strongly, marking a quarter-over-quarter increase. The sequential growth reversed the previous downturn.
Quarterly comparison
Year-over-year, revenue increased at a healthy rate. Meanwhile, the sequential comparison showed a notable recovery from the preceding quarter's levels.
What to watch
The recent fluctuation in quarterly revenue patterns could be an area to monitor for sustained growth.