LMT
Lockheed Martin·NYSE
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LMT fundamentals
Lockheed Martin (LMT) released its earnings on Jan 29, 2026: revenue was 20.32B (YoY +9.12%), beat estimates; EPS was 5.8 (YoY +161.26%), missed estimates.
Revenue / YoY
20.32B
+9.12%
EPS / YoY
5.8
+161.26%
Report date
Jan 29, 2026
LMT Earnings Call Summary for Q4,2025
- Record Growth and Investment: 2025 ended with $194 billion backlog, 6% sales growth, and $6.9 billion free cash flow. 2026 outlook includes 5% sales growth and $5 billion in R&D/CapEx.
- Missile Production Ramp-Up: 7-year framework agreements for PAC-3 and THAAD to triple production to 2,000/year, with 14% MFC sales growth in 2026.
- F-35 Sustainment Focus: $1 billion investment to improve mission capable rates, with potential for multiyear sustainment contracts.
- Disruptive Innovation: Autonomous systems (e.g., Black Hawk, drone wingmen) and space-based interceptors driven by $3.5 billion in R&D investments.
- Financial Discipline: 2026 free cash flow of $6.5-6.8 billion despite 35% increase in internal investments.
EPS
Actual | 6.08 | 5.79 | 6.25 | 6.38 | 6.56 | 6.52 | 2.21 | 7.47 | 6.44 | 1.16 | 6.87 | 7.79 | 6.43 | 6.73 | 6.77 | 7.9 | 6.33 | 7.11 | 6.84 | 2.22 | 7.28 | 1.46 | 6.95 | 5.8 | ||||||||||||||||
Forecast | 5.8078 | 5.7211 | 6.0906 | 6.4165 | 6.3026 | 6.5321 | 1.9744 | 7.1562 | 6.2086 | 1.879 | 6.6576 | 7.4117 | 6.0027 | 6.446 | 6.6679 | 7.2729 | 5.8197 | 6.4578 | 6.4952 | 6.6222 | 6.3368 | 6.5171 | 6.3838 | 5.8137 | ||||||||||||||||
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | +4.69% | +1.20% | +2.62% | -0.57% | +4.08% | -0.19% | +11.93% | +4.39% | +3.73% | -38.27% | +3.19% | +5.10% | +7.12% | +4.41% | +1.53% | +8.62% | +8.77% | +10.10% | +5.31% | -66.48% | +14.88% | -77.60% | +8.87% | -0.24% |
Revenue
Actual | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 15.65B | 16.22B | 16.50B | 17.03B | 16.26B | 17.03B | 16.03B | 17.73B | 14.96B | 15.45B | 16.58B | 18.99B | 15.13B | 16.69B | 16.88B | 18.87B | 17.20B | 18.12B | 17.10B | 18.62B | 17.96B | 18.16B | 18.61B | 20.32B |
Forecast | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 15.08B | 15.23B | 16.11B | 16.95B | 16.33B | 16.94B | 17.12B | 17.66B | 15.58B | 15.98B | 16.65B | 18.28B | 15.04B | 15.92B | 16.73B | 17.96B | 16.04B | 17.04B | 17.38B | 18.87B | 17.78B | 18.57B | 18.55B | 19.86B |
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | +3.80% | +6.53% | +2.36% | +0.47% | -0.41% | +0.52% | -6.38% | +0.38% | -3.94% | -3.34% | -0.40% | +3.89% | +0.57% | +4.84% | +0.87% | +5.12% | +7.21% | +6.37% | -1.58% | -1.31% | +1.04% | -2.24% | +0.30% | +2.33% |
Earnings Call
You can ask Aime
Did Lockheed Martin beat or miss consensus estimates last quarter?What were the key takeaways from Lockheed Martin’s earnings call?What is the revenue and EPS growth rate for Lockheed Martin year over year?What does Lockheed Martin do and what are its main business segments?What guidance did Lockheed Martin's management provide for the next earnings period?What is Lockheed Martin's gross profit margin?What is Lockheed Martin's latest dividend and current dividend yield?What factors drove the changes in Lockheed Martin's revenue and profit?
