Short answer
Lockheed Martin (LMT) filed its Q2 2026 10-Q quarterly report on Jul 23, 2026 for the quarter ended Jun 28, 2026. Quarterly revenue was $20.1B (up 10.5% year over year) with net income of $1.8B.
Q2 2026 key financials · XBRL
- Revenue
- $20.1B
- +10.5% YoY · +11.3% QoQ
- Net income
- $1.8B
- +436.8% YoY · +23.4% QoQ
- Operating margin
- 12.4%
- Gross margin
- 12.2%
- EPS (diluted)
- $7.94
- +440.1% YoY · +23.3% QoQ
Source: XBRL data from the Lockheed Martin (LMT) Q2 2026 10-Q on SEC EDGAR. USD.
Lockheed Martin Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $20.063B, up $1.908B YoY from $18.155B
- Operating margin 12.4% vs 4.1% YoY; net earnings $1.836B vs $342M
- Best segment Aeronautics: sales $8.112B, operating profit $760M vs $(98)M
- Worst segment Space: operating profit $371M vs $362M; six-month profit $652M vs $741M
- Outlook: demand supported by proposed $1.5T FY2027 defense budget, with supply-chain, inflation, tariffs, rare-earth, and funding risks
Risk Factors
- No material risk-factor changes this quarter beyond the update in the March 29, 2026 Form 10-Q
- March 29, 2026 quarterly filing update represents the only newly disclosed risk trigger
- 2025 Form 10-K risks remain applicable to business, results, financial condition, cash flows, and prospects
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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