The latest data point for LMT's net income in Q1'26 stands at $1.49B USD, reflecting a 13.1% year-over-year decline from the prior year's quarter, amid ongoing volatility in the defense sector. Over the period from Q2'23 to Q1'26, net income has exhibited a volatile trend with no consistent upward or downward trajectory, fluctuating between a low of $527M in Q4'24 and a high of $1.87B in Q4'23. Significant declines include a sharp 72% YoY drop in Q4'24 and an 79% plunge in Q2'25, contrasted by strong recoveries such as a 155% YoY surge in Q4'25, highlighting sensitivity to operational or market factors in this bar chart visualization. Overall, YoY changes have been predominantly negative (-2% to -79%), with only sporadic positive growth in Q1'25 and Q4'25, suggesting underlying instability in profitability.