LMT at a glance
Lockheed Martin (LMT, SEC CIK 936468) filed its latest 10-K annual report on January 29, 2026, a 10-Q quarterly report on July 23, 2026, an 8-K current report on August 28, 2026 and Form 4 insider filings as recently as October 1, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Lockheed Martin (LMT) reported revenue of $75.0 billion (up 5.6% from FY2024) and net income of $5.0 billion. Diluted EPS was $21.49.
- As of June 30, 2026, 66 institutional investment managers tracked by SignalX reported holding Lockheed Martin (LMT) shares worth $51.9 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Donovan John on August 13, 2026 of 120 shares.
- In the last 90 days, LMT insiders reported 0 open-market purchases ($0) and 9 open-market sales ($118K) on Form 4, a net sale of $118K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $75.0B
- +5.6% vs prior year
- Insiders · 90 days
- 0 buys · 9 sells
- Net −$118K
- 13F holders
- 66 funds
- $51.9B · −2 vs prior quarter
- Latest 8-K
- Aug 28, 2026
- Item 1.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Risk Factors
- Regulatory tax risk from 2025 One Big Beautiful Bill Act and IRS audit adjustments resolved in Q4 2025, impacting 2018-2022 tax returns and effective tax rate 15.3% in 2025
- Geopolitical exposure from 36% international Aeronautics sales, with F-35 partners including 7 countries and 12 FMS customers, plus significant international missile defense orders
- Operational risk in classified Aeronautics program with reach-forward loss of $950 million and related higher product costs of $1.5 billion in 2025
- Competitive and market disruption risk from missile defense systems with 17 nations purchasing PAC-3 CRI and MSE systems, facing evolving defense technology demands
- Financial risk from high leverage with interest expense rising to $1.1 billion in 2025 due to senior unsecured notes issuance and commercial paper outstanding increase
Business Overview
- Core business model: Global aerospace and defense technology company providing integrated solutions across Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space
- Strategic shift: Rapid transformation to increase production capacity and integrate AI, autonomy, open-architecture, and advanced networking for more agile defense forces
- Most notable quantitative metric: F-35 program generates 27% of total sales and 67% of Aeronautics sales; 72 additional aircraft intended for purchase by international and FMS customers
- New emphasis: Investment in multi-year business transformation initiative and deepening partnerships with commercial industry including joint ventures and equity investments
AI summary of the LMT 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 28, 2026
Management Discussion & Analysis
- Quarterly revenue $20.063B, up $1.908B YoY from $18.155B
- Operating margin 12.4% vs 4.1% YoY; net earnings $1.836B vs $342M
- Best segment Aeronautics: sales $8.112B, operating profit $760M vs $(98)M
- Worst segment Space: operating profit $371M vs $362M; six-month profit $652M vs $741M
- Outlook: demand supported by proposed $1.5T FY2027 defense budget, with supply-chain, inflation, tariffs, rare-earth, and funding risks
Risk Factors
- No material risk-factor changes this quarter beyond the update in the March 29, 2026 Form 10-Q
- March 29, 2026 quarterly filing update represents the only newly disclosed risk trigger
- 2025 Form 10-K risks remain applicable to business, results, financial condition, cash flows, and prospects
AI summary of the LMT 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 1.01: Entry into a Material Definitive Agreement
- New $2.25B unsecured 364-day revolver supports liquidity and commercial paper, with no borrowings at closing
- Facility matures August 23, 2027, with optional conversion to term loans through August 23, 2028 for a 0.50% fee
Item 2.02: Results of Operations and Financial Condition
- Lockheed Martin released second-quarter results for the period ended June 28, 2026
- Detailed financial results and management commentary are contained in Exhibit 99.1
Item EX-99.1: Item EX-99.1
- Q2 sales rose 11% to $20.1B, with growth across all segments and strongest momentum in Missiles and Fire Control at 19%
- Net earnings reached $1.8B, or $7.94 per share, versus $342M and $1.46 previously, aided by absence of $1.6B prior-year program losses
Item 5.07: Submission of Matters to a Vote of Security Holders
- 86.41% quorum; all 9 director nominees elected through 2027
- Say-on-pay approved with 148,179,585 votes for and 13,335,167 against
AI summaries of LMT 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for LMT
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Donovan John | A | Sep 30, 2026 | 96.956 | - |
| BURRITT DAVID B | A | Sep 30, 2026 | 83.456 | - |
| Donovan John | Sell | Aug 13, 2026 | 120 | - |
| Donovan John | Sell | Aug 13, 2026 | 1,742 | - |
| Donovan John | Sell | Aug 13, 2026 | 204 | - |
| Donovan John | Sell | Aug 13, 2026 | 212 | - |
| Donovan John | Sell | Aug 13, 2026 | 631 | - |
| Donovan John | Sell | Aug 13, 2026 | 469 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $71.0B | $75.0B |
| Gross Profit | $8.5B | $6.9B | $7.6B |
| Operating Income | $8.5B | $7.0B | $7.7B |
| Net Income | $6.9B | $5.3B | $5.0B |
| Gross Margin | - | 9.8% | 10.2% |
| Op. Margin | - | 9.9% | 10.3% |
| Net Margin | - | 7.5% | 6.7% |
| Balance Sheet | |||
| Total Assets | $52.5B | $55.6B | $59.8B |
| Equity | - | $6.3B | $6.7B |
| ROE | - | 84.3% | 74.6% |
| Per Share | |||
| EPS | - | $22.31 | $21.49 |
| Cash Flow | |||
| Operating CF | - | $7.0B | $8.6B |
Source: XBRL data in Lockheed Martin (LMT)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate LMT share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 66 | $51.91B |
| Q1 2026 | 68 | $61.14B |
| Q4 2025 | 63 | $49.70B |
| Q3 2025 | 65 | $52.78B |
| Q2 2025 | 64 | $48.87B |
| Q1 2025 | 60 | $39.00B |
| Q4 2024 | 58 | $38.25B |
| Q3 2024 | 53 | $31.84B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 497 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
LMT filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Oct 1, 2026 | - | - | - |
| 8-K | Aug 28, 2026 | - | Analysis | - |
| 4 | Aug 17, 2026 | - | - | - |
| 4 | Aug 13, 2026 | - | - | - |
| 4 | Aug 4, 2026 | - | - | - |
| 8-K | Jul 23, 2026 | - | Analysis | - |
| 10-Q | Jul 23, 2026 | Jun 28, 2026 | Analysis | |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 8-K | May 13, 2026 | - | Analysis | |
| SC 13G | Apr 30, 2026 | - | - | |
| 8-K | Apr 23, 2026 | - | Analysis | - |
| 10-Q | Apr 23, 2026 | Mar 29, 2026 | Analysis | |
| 4 | Apr 6, 2026 | - | - | - |
| 4 | Apr 2, 2026 | - | - | - |
| 4 | Apr 2, 2026 | - | - | - |
| 4 | Apr 2, 2026 | - | - | - |
| 4 | Mar 13, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
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LMT SEC filings: frequently asked questions
Are LMT insiders buying or selling?
In the last 90 days, Lockheed Martin (LMT) officers, directors and 10% owners reported no open-market purchases and 9 open-market sales worth $117,623 by 2 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold LMT stock?
As of June 30, 2026, the largest Lockheed Martin (LMT) holders among the 13F filers tracked by SignalX were State Street Corp ($16.8 billion), BlackRock ($9.6 billion), Vanguard Capital Management LLC ($7.2 billion), Morgan Stanley ($2.9 billion), Vanguard Portfolio Management LLC ($2.8 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was LMT's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Lockheed Martin (LMT) reported revenue of $75.0 billion (up 5.6% from FY2024) and net income of $5.0 billion. Diluted EPS was $21.49. The figures come from the XBRL data in the 10-K.
What are the main risks in LMT's latest 10-K?
In the 10-K filed January 29, 2026, Lockheed Martin (LMT) flagged: Regulatory tax risk from 2025 One Big Beautiful Bill Act and IRS audit adjustments resolved in Q4 2025, impacting 2018-2022 tax returns and effective tax rate 15.3% in 2025. Geopolitical exposure from 36% international Aeronautics sales, with F-35 partners including 7 countries and 12 FMS customers, plus significant international missile defense orders. (AI summary of the Risk Factors section.)
What did LMT report in its latest 8-K?
Lockheed Martin (LMT) filed an 8-K on August 28, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). New $2.25B unsecured 364-day revolver supports liquidity and commercial paper, with no borrowings at closing.
What are the latest LMT SEC filings?
Lockheed Martin (LMT) filed its latest 10-K annual report on January 29, 2026, a 10-Q quarterly report on July 23, 2026, an 8-K current report on August 28, 2026 and a Form 4 insider filing on October 1, 2026.
What is LMT's SEC CIK number?
Lockheed Martin (LMT)'s SEC Central Index Key (CIK) is 936468. EDGAR lists every LMT filing under that number.
Ask anything about LMT
The research agent reads LMT's filings, financials, insider trades and 13F holders, then answers with sources.