FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Q

Three-Statement Breakdown

LMT
2026-06-28 · figures in $M

FCF UP

Free cash flow moved from -$291.0M to $2.9B, and covered net income 1.59×.

CASH FROM OPS +1370.5%
3,235 16.1% MGN
CAPITAL EXPENDITURE -37.8%
318
FREE CASH FLOW —
2,917
FCF / NET INCOME —
1.59× TARGET >1.0×
Cash flow 24-09 24-12 25-03 25-06 25-09 25-12 26-03 QoQ YoY TTM 8Q
Net income
10-Q
1,623 527 1,712 342 1,619 1,344 1,488 1,836 +23.4% 5.4× 6,287 2024-09-29 · $1.6B2024-12-31 · $527.0M2025-03-30 · $1.7B2025-06-29 · $342.0M2025-09-28 · $1.6B2025-12-31 · $1.3B2026-03-29 · $1.5B2026-06-28 · $1.8B
Depreciation & amortization
NOT DISCLOSED
— — 397 399 — — 398 400 +0.5% +0.3% —
Stock-based comp
75 48 60 81 74 89 83 97 +16.9% +19.8% 343
Cash from operations
2,438 1,023 1,409 201 3,728 3,219 220 3,235 14.7× 16.1× 10,402 2024-09-29 · $2.4B2024-12-31 · $1.0B2025-03-30 · $1.4B2025-06-29 · $201.0M2025-09-28 · $3.7B2025-12-31 · $3.2B2026-03-29 · $220.0M2026-06-28 · $3.2B
Cash conversion
1.50× 1.94× 0.82× 0.59× 2.30× 2.40× 0.15× 1.76× +1091.7% +199.8% 1.65×
Capital expenditures
(355) (582) (454) (351) (381) (463) (511) (318) -37.8% -9.4% (1,673)
Free cash flow
2,083 441 955 -150 3,347 2,756 -291 2,917 — — 8,729 2024-09-29 · $2.1B2024-12-31 · $441.0M2025-03-30 · $955.0M2025-06-29 · -$150.0M2025-09-28 · $3.3B2025-12-31 · $2.8B2026-03-29 · -$291.0M2026-06-28 · $2.9B
FCF margin
12.2% 2.4% 5.3% -0.8% 18.0% 13.6% -1.6% 14.5% — — 11.3%
Cash from investing
-210 -838 -430 -715 -319 -513 -541 -349 — — -1,722
Dividends paid
749 778 796 771 765 799 816 796 -2.5% +3.2% 3,176
Share repurchases
850 1,000 750 500 1,000 750 0 0 — PAUSED 1,750
Debt repayment
0 0 0 142 0 500 1,000 168 -83.2% +18.3% 1,668
Cash from financing
-1,600 -853 -1,659 4 -1,232 -2,055 -1,906 -989 — — -6,182
Net change in cash
628 -668 -680 -510 2,177 651 -2,227 1,897 — — 2,498
Ending cash balance
3,151 2,483 1,803 1,293 3,470 4,121 1,894 3,791 +100.2% +193.2% 3,791

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM-291 CASH FROM OPERATIONS+3,015 CAPITAL EXPENDITURES+193 TO2,917
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-23 ↗