Lockheed Martin (LMT) Revenue — Quarter Ended Mar 30, 2025
Revenue for the quarter increased compared with the same period last year, driven by growth in both product and services segments. However, it decreased from the immediately preceding quarter.
Key takeaway
Quarter ended Mar 30, 2025 · FY2025 Q1
Revenue for the quarter increased compared with the same period last year, driven by growth in both product and services segments. However, it decreased from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$18B
Revenue reported for this quarter.
Quarter-over-quarter
-3.5%
Change from the immediately preceding quarter.
Year-over-year
+4.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$71.8B
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 |
|---|---|---|
| Jun 30, 2024 | $18.1B | +8.6% |
| Sep 29, 2024 | $17.1B | +1.3% |
| Dec 31, 2024 | $18.6B | -1.3% |
| Mar 30, 2025 | $18B | +4.5% |
Revenue performance
Product sales rose year over year, while service revenue also posted a modest gain. Total revenue growth was supported by both segments.
Quarterly comparison
Sequentially, revenue contracted from the prior quarter, but remained above the level reported in the same quarter a year earlier. The year-over-year increase reflects sustained demand, while the sequential decline may indicate normal quarterly fluctuations.
What to watch
The filing notes potential cash flow impacts from higher tariffs, which may affect cost recovery in future periods.