Lockheed Martin
LMT

Lockheed Martin (LMT) earnings history

Most recent quarter

Period end
Jun 28, 2026
Revenue
$20.1B
Reported
Jul 23, 2026

Lockheed Martin reported Q2 2026 results on July 23, 2026. Earnings per share came in at $7.94, ahead of the $7.19 estimate by 10.36%. Revenue was $20.1 billion against a $19.3 billion consensus, 3.74% above. EPS was more than five times the $1.46 of Q2 2025, and revenue rose about 10% from $18.2 billion.

The longer record is uneven. Most quarters land between about $6 and $8 per share. Three fell far short and missed the estimate by 38% or more: Q2 2022 at $1.16, Q4 2024 at $2.22 and Q2 2025 at $1.46. Annual EPS was $22.26 in 2022, $27.83 in 2023, $22.50 in 2024 and $21.49 in 2025. Revenue grew each year, from $66.0 billion in 2022 to $75.1 billion in 2025. The first half of 2026 adds up to $14.38 per share, about 65% more than a year earlier. Q2 2026 is the highest EPS quarter in the table. Over the last 20 quarters, Lockheed Martin beat the EPS estimate 15 times.

Lockheed Martin reported Q3 between October 17 and October 26 in each of the past five years. That points to the second half of October 2026 for the next report.

Earnings history

PeriodReportedEPS estimateEPS actualSurpriseRevenueFiling
Q2 2026Jul 23, 2026$7.19$7.94+10.36%$20.1BSEC
Q1 2026Apr 23, 2026$6.74$6.44−4.42%$18.0BSEC
Q4 2025Jan 29, 2026$5.81$5.80−0.24%$20.3BSEC
Q3 2025Oct 21, 2025$6.38$6.95+8.87%$18.6BSEC
Q2 2025Jul 22, 2025$6.52$1.46−77.60%$18.2BSEC
Q1 2025Apr 22, 2025$6.34$7.28+14.88%$18.0BSEC
Q4 2024Jan 28, 2025$6.62$2.22−66.48%$18.6BSEC
Q3 2024Oct 22, 2024$6.50$6.84+5.31%$17.1BSEC
Q2 2024Jul 23, 2024$6.46$7.11+10.10%$18.1BSEC
Q1 2024Apr 23, 2024$5.82$6.33+8.77%$17.2BSEC
Q4 2023Jan 23, 2024$7.27$7.90+8.62%$18.9BSEC
Q3 2023Oct 17, 2023$6.67$6.77+1.53%$16.9BSEC
Q2 2023Jul 18, 2023$6.45$6.73+4.41%$16.7BSEC
Q1 2023Apr 18, 2023$6.00$6.43+7.12%$15.1BSEC
Q4 2022Jan 24, 2023$7.41$7.79+5.10%$19.0BSEC
Q3 2022Oct 18, 2022$6.66$6.87+3.19%$16.6BSEC
Q2 2022Jul 19, 2022$1.88$1.16−38.27%$15.4BSEC
Q1 2022Apr 19, 2022$6.21$6.44+3.73%$15.0BSEC
Q4 2021Jan 25, 2022$7.16$7.47+4.39%$17.7BSEC
Q3 2021Oct 26, 2021$1.97$2.21+11.93%$16.0BSEC

Quarterly revenue

Q3 2021
$16.0B
Q4 2021
$17.7B
Q1 2022
$15.0B
Q2 2022
$15.4B
Q3 2022
$16.6B
Q4 2022
$19.0B
Q1 2023
$15.1B
Q2 2023
$16.7B
Q3 2023
$16.9B
Q4 2023
$18.9B
Q1 2024
$17.2B
Q2 2024
$18.1B
Q3 2024
$17.1B
Q4 2024
$18.6B
Q1 2025
$18.0B
Q2 2025
$18.2B
Q3 2025
$18.6B
Q4 2025
$20.3B
Q1 2026
$18.0B
Q2 2026
$20.1B

Frequently asked questions

  • When did Lockheed Martin (LMT) last report earnings?

    Lockheed Martin last reported on Jul 23, 2026, covering fiscal Q2 2026.

  • Did LMT beat earnings estimates?

    Yes. Lockheed Martin reported EPS of $7.94 for Q2 2026 against a $7.19 estimate — a 10.36% beat.

  • How much revenue did LMT report last quarter?

    Lockheed Martin reported $20.1B in revenue for Q2 2026, against a consensus estimate of $19.3B.

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.