Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Lockheed Martin (LMT)

Lockheed Martin Q2 sales rise 11% to $20.1 billion; raises 2026 guidance

Positive Impact 4 of 5 guidance Written later

Lockheed Martin reported second quarter 2026 sales of $20.1 billion, up 11% from a year earlier, and net earnings of $1.8 billion, or $7.94 per diluted share, compared with $342 million, or $1.46 per share, in the prior-year quarter that included $1.6 billion of program losses. The company raised its full-year 2026 outlook for sales, segment operating profit, diluted EPS and free cash flow, and reported a record backlog of $230 billion.

Key points

  • Q2 2026 sales $20.1 billion vs. $18.2 billion in Q2 2025; net earnings $1.8 billion, or $7.94 per diluted share, vs. $1.46 per share
  • Free cash flow $2.9 billion in Q2 2026 vs. $(150) million in Q2 2025; record backlog of $230 billion
  • 2026 guidance raised: sales ~$79.75-$81.75 billion (from $77.5-$80.0 billion); diluted EPS ~$29.95-$30.65 (from $29.35-$30.25); free cash flow ~$7.0-$7.2 billion (from $6.5-$6.8 billion)
  • Company signed a $35 billion multi-year THAAD contract with the Missile Defense Agency and announced an agreement to acquire Ultra Maritime

The filing

CompanyLockheed Martin (LMT)
Form8-K, current report
Filed with the SECJul 23, 2026, 6:30 AM ET
Accession number0001628280-26-049277

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.