HighGravityData

Lockheed Martin — Jul 23, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-26-049277
Open on SEC.gov ↗
Showing in the filing
Diluted earnings per share
“~$29.95 - $30.65”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 11
Sales growth
“approximately 8%”
Segment operating profit growth for FY2026
“28% higher”
Segment operating profit
“28% higher”
Sales for FY2026
“~$79,750 - $81,750”
Business segment operating profit for FY2026
“~$8,500 - $8,700”
Total FAS/CAS pension adjustment for FY2026
“~$1,365”
Diluted earnings per share for FY2026
“~$29.95 - $30.65”
Cash from operations for FY2026
“~$9,200 - $9,400”
Capital expenditures for FY2026
“~$2,000 - $2,400”
Free cash flow for FY2026
“~$7,000 - $7,200”
Federal income tax payments for FY2026
“reduced federal income tax payments”
Exhibit 99.1 · the passage around this item
… earlier in the release
  (in millions, except per share data) Current Update April 2026         Sales ~$79,750 - $81,750 $77,500 - $80,000     Business segment operating profit 1 ~$8,500 - $8,700 $8,425 - $8,675 Total FAS/CAS pension adjustment ~$1,365 ~$1,365 Diluted earnings per share ~$29.95 - $30.65 $29.35 - $30.25   Cash from operations ~$9,200 - $9,400 $9,150 - $9,450 Capital expenditures ~$2,000 - $2,400 $2,500 - $2,800 Free cash flow 1 ~$7,000 - $7,200 $6,500 - $6,800 1 Business segment operating profit and free cash flow are non-GAAP measures. See the "Use of Non-GAAP Financial Measures" section of this news release for more information. 3 Segment Results (in millions) Quarters Ended Six Months Ended   June 28, 2026 June 29, 2025 June 28, 2026 June 29, 2025 Sales     Aeronautics $ 8,112   $ 7,420  $ 15,065   $ 14,477  Missiles and Fire Control 4,101   3,433  7,750   6,806  Rotary and Mission Systems 4,354   3,995  8,345   8,323  Space 3,496   3,307  6,924   6,512  Total sales $ 20,063   $ 18,155  $ 38,084   $ 36,118  Operating profit (loss)     Aeronautics $ 760   $ (98) $ 1,379   $ 622  Missiles and Fire Control 594   479  1,094   944  Rotary and Mission Systems 437   (172) 860   349  Space 371   362  652   741  Total business segment operating profit 2,162   571  3,985   2,656  Unallocated items   FAS/CAS operating adjustment 422   379  843   758  Impairment and other charges —   (66) —   (66) Intangible asset amortization expense (50) (63) (100) (127) Other, net (55)
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.