lmt: the income statement

MyFinsight

For the quarter ending 2025-09-28, LMT made $18,609M in revenue. $1,619M in net income. Net profit margin of 8.70%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-28	2025-06-29	2025-03-30	2024-09-29
Total sales	18,609	18,155	17,963	17,104
Product	13,708	14,469	13,284	12,964
Service	2,871	3,130	2,640	2,272
Impairment and other charges	0	66	-	0
Other unallocated, net	-210	-244	-284	-249
Total operating costs and expenses	16,369	17,421	15,640	14,987
Gross profit	2,240	734	2,323	2,117
Other income, net	40	14	49	23
Operating profit	2,280	748	2,372	2,140
Interest expense	286	274	268	256
Non-service fas pension (expense) income	99	99	98	-16
Other non-operating income, net	43	42	30	18
Earnings before income taxes	1,938	417	2,036	1,918
Income tax expense	319	75	324	295
Net earnings	1,619	342	1,712	1,623

Basic (in dollars per share)	6.98	1.46	7.3	6.83
Diluted (in dollars per share)	6.95	1.46	7.28	6.8
Weighted average common shares outstanding for basic computations (in shares)	231,900,000	233,500,000	234,400,000	237,500,000
Weighted average common shares outstanding for diluted computations (in shares)	232,800,000	234,300,000	235,300,000	238,600,000