Lockheed Martin (LMT) Revenue — Quarter Ended Dec 31, 2024
The company reported an increase in revenue for the latest quarter compared to the preceding three-month period. However, revenue declined when measured against the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
The company reported an increase in revenue for the latest quarter compared to the preceding three-month period. However, revenue declined when measured against the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$18.6B
Revenue reported for this quarter.
Quarter-over-quarter
+8.9%
Change from the immediately preceding quarter.
Year-over-year
-1.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$71B
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 |
|---|---|---|
| Mar 31, 2024 | $17.2B | +13.7% |
| Jun 30, 2024 | $18.1B | +8.6% |
| Sep 29, 2024 | $17.1B | +1.3% |
| Dec 31, 2024 | $18.6B | -1.3% |
Revenue performance
Revenue for the quarter was the highest among the four quarters of the fiscal year, recovering from a decline in the prior quarter. The year's revenue pattern showed alternating increases and decreases.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Against the same quarter a year ago, revenue fell.
What to watch
The divergence between the sequential and year-over-year comparisons is a key point to observe in upcoming results.