Lockheed Martin Reports Third Quarter 2026 Financial Results
Lockheed Martin reported Q3 2026 sales of $20.7 billion, up 11% year-over-year, with all four segments posting growth and diluted EPS of $7.97 versus $6.95 a year ago. Backlog hit a record $292.0 billion, up 27% since Q2, including $52.5 billion tied to the PAC-3 MSE multi-year interceptor award; the company also raised its dividend for the 24th consecutive year and lifted FY26 guidance for sales, EPS and free cash flow for the second straight quarter.
Key figures
- Eps
- 7.97
- Revenue
- 20711000000
- Guidance
- FY26 sales ~$80,000-$82,000M (from $79,750-$81,750M); diluted EPS ~$30.35-$30.75 (from $29.95-$30.65); cash from operations ~$10,000-$10,200M (from $9,200-$9,400M); free cash flow ~$7,800-$8,000M (from $7,000-$7,200M)
- Revenue Yoy
- 11%
- Backlog
- 292000000000
- Net earnings
- 1845000000
- Free cash flow
- 2999000000
- Net earnings yoy
- 14%
- Pac3 mse backlog
- 52500000000
- Backlog growth qoq
- 27%
- Capital expenditures
- 439000000
- Cash from operations
- 3438000000
- Segment operating profit
- 2229000000
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