---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-026683"
form_type: "8-K"
ticker: "LMT"
cik: "0000936468"
company_name: "LOCKHEED MARTIN CORP"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:46:49.272336+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lockheed Martin Q1 EPS $6.44 vs $7.28 YoY; FCF -$291M vs $955M

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-026683
- form_type: 8-K
- ticker: LMT
- cik: 0000936468
- company_name: LOCKHEED MARTIN CORP
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936468/000162828026026683/0001628280-26-026683-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936468/000162828026026683/lmt-20260423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-026683
- JSON: https://secwatch.observer/filing/0001628280-26-026683.json
- Plain text: https://secwatch.observer/filing/0001628280-26-026683.txt

## Key facts
- Earnings Releases
  LOCKHEED MARTIN CORP reported the quarter ended March 29, 2026 results: revenue $18.0 billion, net income $1.5 billion, or $6.44 per share. Guidance reaffirmed.
  - Period: the quarter ended March 29, 2026
  - Revenue: $18.0 billion
  - Net income: $1.5 billion, or $6.44 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: successfully completes historic mission around the moon • Lockheed Martin and Department of War sign multiyear framework agreements to increase munitions production • Sales of $18.0 billion • Net earnings of $1.5 billion, or $6.44 per share • Cash from operations of $220 million and free cash flow of $(291) million • Reaffirms 2026 financial outlook BETHESDA, Md.,
  evidence_url: https://www.sec.gov/Archives/edgar/data/936468/000162828026026683/0001628280-26-026683-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.