LOCKHEED MARTIN CORP (LMT) Form 10-Q — Oct 22, 2026
Lockheed Martin delivered a strong Q3 2026 with sales of $20.7B, up 11% year over year, and diluted EPS of $7.97 versus $6.95, on net earnings of $1.845B. Backlog surged $61.6B to $292.0B, driven primarily by a $52.5B multi-year PAC-3 MSE interceptor award, and the company raised its Q4 dividend to $3.60 per share. Free cash flow for the nine months rose $1.5B to $5.625B, and Lockheed reaffirmed plans to fund the pending $3.45B Ultra Maritime acquisition with cash on hand.
Key figures
- Eps
- 7.97
- Revenue
- 20711000000
- Net Income
- 1845000000
- Total Debt
- 21700000000
- Revenue Yoy
- 11.3% (Q3: $20,711M vs $18,609M)
- Total Assets
- 64510000000
- Cash Position
- 5960000000
- Shares Outstanding
- 231004640
- Backlog
- $292.0 billion
- Ula guarantee
- $750 million
- Nine month eps
- 22.36
- Nine month sales
- $58,795M
- F35 deliveries q3
- 43
- Free cash flow 9m
- $5,625M
- Backlog increase q3
- $61.6 billion
- F35 backlog aircraft
- 274
- Q3 dividend per share
- 3.45
- Cmhp cumulative losses
- ~$670 million
- Operating cash flow 9m
- $6,893M
- Nine month net earnings
- $5,169M
- Us government pct sales
- 70%
- Pac3 mse multiyear award
- $52.5 billion
- Q4 2026 dividend per share
- 3.6
- Ultra maritime acquisition
- $3.45 billion
- Mfc classified program cumulative losses
- ~$1.5 billion
- Classified aeronautics program cumulative losses
- ~$1.8 billion
AI analysis
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