As of Q4'25, Lockheed Martin's latest gross margin stands at 11.4%, operating margin at 11.5%, and net profit margin at 6.6%. These figures represent a recovery from the previous quarter's lower margins, particularly after the significant dip observed in Q2'25, where net profit margin dropped to just 1.9%. Over the period from Q1'23 to Q4'25, the company's profit margins have generally trended downward, with notable volatility. Margins remained relatively stable through 2023 and early 2024, but experienced sharp declines in Q4'24 and Q2'25 across all three measures, before partially rebounding in subsequent quarters. This pattern suggests periods of operational or market challenges impacting profitability, followed by signs of stabilization toward the end of the observed timeframe.