Revenue $20.06B, up 10.5% on a year earlier. Aeronautics Sales $8.11B, up 9.3%. Space Sales $3.50B, up 5.7%. Diluted EPS $7.94 against $1.46.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $20.06B | $18.02B | $18.16B | +10.5% |
| Operating income | $2.48B | $2.06B | $748.00M | +231.4% |
| Net income | $1.84B | $1.49B | $342.00M | +436.8% |
| Diluted EPS | $7.94 | $6.44 | $1.46 | |
| Operating cash flow | $3.23B | $220.00M | $201.00M | +1509.5% |
| Capital expenditures | -$318.00M | -$511.00M | -$351.00M | |
| Free cash flow | $2.92B | -$291.00M | -$150.00M | |
| Dividend per share | $3.45 | $3.45 | $3.30 |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Aeronautics Sales | $8.11B | $7.42B | +9.3% |
| Space Sales | $3.50B | $3.31B | +5.7% |
| Backlog | $230.42B | $166.53B | +38.4% |
| Missiles and Fire Control Sales | $4.10B | $3.43B | +19.5% |
| Rotary and Mission Systems Sales | $4.35B | $4.00B | +9.0% |
| F-35 aircraft deliveries | 19 | 50 | -62.0% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Lockheed Martin (LMT) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/LMT/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
