earnings
confidence high
sentiment negative
materiality 0.70
Lockheed Martin Q1 EPS $6.44 vs $7.28 YoY; FCF -$291M vs $955M
LOCKHEED MARTIN CORP
2026-Q1 EPS
reported $6.44
vs consensus $6.79
▼ miss
(-5.2%)
- Sales $18.0B flat YoY; net earnings $1.5B down from $1.7B; diluted EPS $6.44 vs $7.28.
- Business segment operating profit $1.823B vs $2.085B YoY; cash from operations $220M vs $1.4B.
- Free cash flow -$291M vs $955M YoY; reaffirms FY2026 outlook: ~5% sales growth, ~25% op profit growth, FCF $6.5-6.8B.
- Signed multiyear framework agreements with DoD to increase Patriot, THAAD, PrSM munitions production 3-4x current rates.
- Orion capsule completed Artemis II mission with successful re-entry and splashdown.