Lockheed Martin has released its financial results for the third quarter of 2025. The company reported impressive sales and earnings, showcasing growth compared to the same period last year.
Lockheed Martin Q3 2025 Financial Results
For the third quarter of 2025, Lockheed Martin recorded:
- Sales of $18.6 billion, up from $17.1 billion in Q3 2024.
- Net earnings of $1.6 billion, or $6.95 per share, compared to $1.6 billion or $6.80 per share in Q3 2024.
- Cash from operations totaling $3.7 billion, significantly higher than $2.4 billion in the previous year.
- Free cash flow also saw an increase, reaching $3.3 billion compared to $2.1 billion in Q3 2024.
Dividends and Share Repurchases
Lockheed Martin returned $1.8 billion to shareholders through dividends and share buybacks. The quarterly dividend increased by 5%, now at $3.45 per share. The company also expanded its share repurchase authority by $2 billion, bringing the total authorization to $9 billion.
Backlog and Future Outlook
The company reported a record backlog of $179 billion, equivalent to over two and a half years of sales. This indicates strong demand and confidence from customers, including both U.S. and international allies.
CEO Jim Taiclet emphasized the company’s commitment to increasing production capacity to meet this demand, particularly noting major contract awards in helicopter programs and missile defense systems, including the CH-53K and PAC-3 MSE.
Q3 Segment Performance
Lockheed Martin operates through four business segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Here’s a summary of each segment’s performance:
| Segment | Sales (in millions) | Operating Profit (in millions) |
|---|---|---|
| Aeronautics | $7,256 | $682 |
| Missiles and Fire Control | $3,624 | $510 |
| Rotary and Mission Systems | $4,373 | $506 |
| Space | $3,356 | $331 |
| Total | $18,609 | $2,029 |
The upcoming period looks promising as Lockheed Martin aligns its strategies with national defense priorities and expands its production to meet growing demand. This proactive approach positions the company for continued growth and success in the defense sector.
