Flagship explainer

How LOCKHEED MARTIN CORPORATION makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$75.0B · 100%Cost of revenue$67.4B · 90%Gross profit$7.6B · 10%Operating income$7.7B · 10%Income before tax$5.9B · 8%Income tax$905M · 1%Net income$5.0B · 7%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$75.0B100%
Cost of revenue$67.4B90%
$7.6B10%
$7.7B10%
Income before tax$5.9B8%
Income tax$905M1%
$5.0B7%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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