Lockheed Martin vs Northrop Grumman: Revenue Comparison

Lockheed Martin (LMT) and Northrop Grumman (NOC) are peers in Defense. Lockheed Martin reported revenue of $18.0B as of Q1 2026, compared with $10.9B for Northrop Grumman. Lockheed Martin leads on revenue.

Lockheed Martin's gross margin is 11.5% versus 19.5% for Northrop Grumman. Lockheed Martin's net margin is 8.3% versus 10.1% for Northrop Grumman.

Lockheed Martin logo
Lockheed Martin
Northrop Grumman logo
Northrop Grumman

Revenue Comparison

Chart: Revenue Comparison. Values in USD_BILLIONS. In Q1 2026: Lockheed Martin 18.021, Northrop Grumman 10.876.

Latest Quarter Comparison

Table: Latest Quarter Comparison. 15 rows across Metric, Lockheed Martin, Northrop Grumman.
MetricLockheed MartinNorthrop Grumman
Market Cap--
Revenue$18.02B$10.88B
Cost of Revenue$15.94B$8.76B
Gross Profit$2.08B$2.12B
Operating Income$2.06B$1.10B
Net Income$1.49B$1.09B
R&D Expense$0$0
Earnings Per Share$6.44$7.68
Gross Margin11.5%19.5%
Operating Margin11.4%10.1%
Net Profit Margin8.3%10.1%
Free Cash Flow$-291.00M$978.00M
Cumulative Free Cash Flow$99.80B$50.69B
Operating Cash Flow$220.00M$1.28B
Cash & Equivalents$1.89B$2.31B

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