Lockheed Martin (LMT) Revenue — Quarter Ended Mar 29, 2026
Revenue for the quarter declined compared to the immediate prior quarter, but edged slightly higher than the same quarter one year earlier. The mix of product and services sales remained consistent with the prior-year period.
Key takeaway
Quarter ended Mar 29, 2026 · FY2026 Q1
Revenue for the quarter declined compared to the immediate prior quarter, but edged slightly higher than the same quarter one year earlier. The mix of product and services sales remained consistent with the prior-year period.
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
-11.3%
Change from the immediately preceding quarter.
Year-over-year
+0.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$75.1B
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 29, 2025 | $18.2B | +0.2% |
| Sep 28, 2025 | $18.6B | +8.8% |
| Dec 31, 2025 | $20.3B | +9.1% |
| Mar 29, 2026 | $18B | +0.3% |
Revenue performance
The reported revenue decreased from the preceding quarter, reflecting a sequential contraction in sales. On a year-over-year basis, revenue was essentially flat with a marginal uptick.
Quarterly comparison
Compared to the immediately preceding quarter, revenue fell notably. In contrast, when measured against the same quarter one year earlier, revenue was slightly higher.
What to watch
Monitor the potential impact of contract cost overruns and reach-forward losses on future cash flows as noted in the filing.