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LMT Operation Income

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As of Q4'25, Lockheed Martin (LMT) reported an operation income of USD 2.33B, representing a substantial year-over-year growth of 237.83%. This marks a significant rebound from the previous quarter, which saw a notably lower operation income of USD 734M. Over the period from Q1'23 to Q4'25, LMT's operation income displayed considerable volatility, with sharp declines in Q4'24 and Q2'25 (USD 690M and USD 734M, respectively) followed by strong recoveries. The YoY growth rate fluctuated accordingly, with deep negative values during the downturns and exceptionally high positive growth in Q4'25. Overall, the trend suggests periods of instability but ends with a robust recovery and record-high operation income in the latest quarter.