Lockheed Martin posts Q3 2026 earnings beat and lifts FY2026 sales and EPS outlook
+2 new sources since this summary was written
Lockheed Martin announced third‑quarter 2026 results showing revenue of $20.7 billion, up 11% year‑over‑year, and net profit of $1.8 billion, or $7.97 per diluted share. Cash generated from operations was $3.4 billion and free cash flow reached $3.0 billion. The company raised its full‑year 2026 sales target to $80‑$82 billion and EPS guidance to $30.35‑$30.75, citing strong demand for missiles and F‑35 production, while warning of possible funding shortfalls for future F‑35 contracts.
Why it matters
The higher guidance, disclosed in the company’s earnings release, signals increased revenue and earnings potential for the rest of fiscal 2026, which may affect analyst forecasts and investor expectations (source 10). The record $292 billion backlog provides a visible pipeline that supports the raised outlook (source 5).
Key facts
- 1Quarterly revenue grew 11% to $20.7 billion compared with the same quarter a year earlier. sec.gov
- 2Net earnings rose 14% to $1.8 billion, or $7.97 per diluted share. sec.gov
- 3Cash from operations was $3.4 billion and free cash flow was $3.0 billion. sec.gov
- 4Backlog increased to a record $292.0 billion, including a $52.5 billion contract for PAC‑3 missile segment enhancement. sec.gov
- 5Full‑year 2026 sales guidance was lifted to a range of $80 billion‑$82 billion. investing.com
- 6Full‑year 2026 diluted EPS guidance was raised to $30.35‑$30.75 per share. investing.com
Summary written by AlphAI AI Desk from 20 of 41 sources. Not investment advice. Figures are as stated by the linked sources.