Lockheed Martin: Q3 Earnings Webcharts Final
Lockheed Martin reported Q3 2026 earnings with $20.7B in sales, a 15% YoY increase in EPS to $7.97, and a 4x book-to-bill ratio. The company raised its full-year outlook, including sales guidance to $80B-$82B and EPS to $30.35-$30.75. Free cash flow is expected to reach $7.8B-$8B. Segment performance varied, with notable gains in Missiles & Fire Control and Space.
How this was made
The 30-second read
Why it matters
The raised guidance signals higher future cash flow and may trigger buying interest.
Market read
First‑report earnings and guidance for a large‑cap defense contractor, likely to move the stock and sector.
What to watch
Potential cost overruns on F‑35 program or geopolitical shifts could temper growth.
Background
Lockheed Martin presented its Q3 2026 earnings slide deck with detailed segment performance and outlook.
Ticker impact
Q3 2026 earnings released with EPS $7.97 and guidance raising FY sales to $80‑82B, EPS to $30.35‑30.75.
likely upward pressure as market prices in higher sales and EPS guidance
Guidance above prior expectations and strong backlog indicate improved earnings momentum.
Market effects
Defense sector may see broader rally on higher demand signals.
U.S. industrial and aerospace stocks could benefit from Lockheed's outlook.
International defense contractors may be re‑rated as peers follow guidance lift.
Counterpoint
If guidance fails to translate into cash flow, the stock could be over‑optimistic.
Key entities
- ExecutiveJames D. Taiclet
Chairman, President and CEO of Lockheed Martin



