Filing Flows › Lockheed Martin (LMT) › Operating margin
Lockheed Martin (LMT) operating margin by quarter
Lockheed Martin's operating margin was 11.8% in Q3 2026 (third quarter 2026), -0.6 pts from Q2 2026. Over the last 7 quarters it ranged from 4.1% (Q2 2025) to 13.2% (Q1 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 11.8% | -0.6 pts | -0.5 pts |
| Q2 2026 | 12.4% | +0.9 pts | +8.2 pts |
| Q1 2026 | 11.4% | -0.0 pts | -1.8 pts |
| Q4 2025 | 11.5% | -0.8 pts | — |
| Q3 2025 | 12.3% | +8.1 pts | — |
| Q2 2025 | 4.1% | -9.1 pts | — |
| Q1 2025 | 13.2% | — | — |
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 operating margin?
Lockheed Martin's operating margin was 11.8% in Q3 2026 (third quarter 2026), -0.6 pts from Q2 2026.
How has Lockheed Martin's operating margin changed?
Over the last 7 quarters it ranged from 4.1% (Q2 2025) to 13.2% (Q1 2025).