As of Q4'25, Lockheed Martin (LMT) reported net income of USD 1.34B, with a year-over-year growth rate of 155.03%. This marks a significant rebound from the previous quarter’s net income of USD 1.62B, which had shown almost no YoY change. Over the period from Q1'23 to Q4'25, LMT’s net income displayed considerable volatility. After a relatively stable 2023, net income declined in early 2024, reaching a low of USD 527M in Q4'24 with a sharp YoY drop of -71.76%. However, the company experienced a strong recovery in 2025, with Q1'25 and Q4'25 both posting substantial YoY growth, indicating a potential turnaround after a challenging 2024.