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Lockheed Martin (LMT) gross margin by quarter

Lockheed Martin's gross margin was 11.8% in Q3 2026 (third quarter 2026), -0.4 pts from Q2 2026. Over the last 7 quarters it ranged from 4.0% (Q2 2025) to 12.9% (Q1 2025).

Lockheed Martin gross margin by quarterLockheed Martin gross margin by quarter12.9%Q1 20254.0%Q2 202512.0%Q3 202511.4%Q4 202511.5%Q1 202612.2%Q2 202611.8%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202611.8%-0.4 pts-0.3 pts
Q2 202612.2%+0.7 pts+8.1 pts
Q1 202611.5%+0.1 pts-1.4 pts
Q4 202511.4%-0.6 pts—
Q3 202512.0%+8.0 pts—
Q2 20254.0%-8.9 pts—
Q1 202512.9%——

Q3 2026 at a glance

Lockheed Martin, Q3 2026: revenue $20.7B (+11% year over year), operating margin 11.8%, net earnings $1.8B, operating cash flow $3.4B. The chart follows the revenue to costs, profit and cash.

Questions

What is Lockheed Martin's gross margin?

Lockheed Martin's gross margin was 11.8% in Q3 2026 (third quarter 2026), -0.4 pts from Q2 2026.

How has Lockheed Martin's gross margin changed?

Over the last 7 quarters it ranged from 4.0% (Q2 2025) to 12.9% (Q1 2025).

Q3 2026 results → · How Lockheed Martin makes money →