| Metric | Jan 30, 2025 FY24 Q4 | Apr 22, 2025 FY25 Q1 | Jul 22, 2025 FY25 Q2 | Oct 21, 2025 FY25 Q3 | Jan 27, 2026 FY25 Q4 | Apr 21, 2026 FY26 Q1 | Jul 21, 2026 FY26 Q2 | Oct 20, 2026 FY26 Q3 |
|---|---|---|---|---|---|---|---|---|
| For FY2026 | ||||||||
| MTM-adjusted EPS | — | — | — | — | New“$27.40 — $27.90” | Reiterated“$27.40 — $27.90” | Raised“$28.60 — $29.10” | Raised“$29.35 — $29.75” |
| Segment operating income | — | — | — | — | New“$4,850 — $5,000” | Reiterated“$4,850 — $5,000” | Reiterated“$4,850 — $5,000” | Raised“$4,940 — $5,040” |
| Adjusted free cash flow | — | — | — | — | — | — | New“$3,100 — $3,500” | Reiterated“$3,100 — $3,500” |
| Aeronautics Systems OM Rate % | — | — | — | — | New“Low to Mid 9%” | Reiterated“Low to Mid 9%” | Reiterated“Mid to High 9%” | Reiterated“High 9%” |
| Aeronautics Systems Sales ($B) | — | — | — | — | New“Mid $13” | Reiterated“Mid $13” | Raised“~$14” | Reiterated“~$14” |
| Defense Systems OM Rate % | — | — | — | — | New“~10%” | Reiterated“~10%” | Reiterated“~10%” | Reiterated“~10%” |
| Defense Systems Sales ($B) | — | — | — | — | New“Mid to High $8” | Reiterated“Mid to High $8” | Reiterated“Mid to High $8” | Reiterated“Mid to High $8” |
| Free cash flow | — | — | — | — | New“$3,100 — $3,500” | Reiterated“$3,100 — $3,500” | — | — |
| Intersegment Eliminations OM Rate % | — | — | — | — | New“High 13%” | Reiterated“High 13%” | Reiterated“Mid 13%” | — |
| Intersegment Eliminations Sales ($B) | — | — | — | — | New“~($2.4)” | Reiterated“~($2.4)” | Raised“~($2.7)” | Reiterated“~($2.7)” |
| Mission Systems OM Rate % | — | — | — | — | New“High 14%” | Reiterated“High 14%” | Raised“~15%” | Reiterated“Mid 15%” |
| Mission Systems Sales ($B) | — | — | — | — | New“High $12” | Reiterated“High $12” | Reiterated“High $12” | Reiterated“High $12” |
| Sales | — | — | — | — | New“$43,500 — $44,000” | Reiterated“$43,500 — $44,000” | Raised“$43,750 — $44,250” | Reiterated“$43,750 — $44,250” |
| Segment growth outlook | — | — | — | New“growth in each of our four business segments next year” | — | — | — | — |
| Space Systems OM Rate % | — | — | — | — | New“~11%” | Reiterated“~11%” | — | — |
| Space Systems Sales ($B) | — | — | — | — | New“~$11” | Reiterated“~$11” | Reiterated“~$11” | Reiterated“~$11” |
| For FY2025 | ||||||||
| Margin expansion | New“margin expansion” | — | — | — | — | — | — | — |
| MTM-adjusted EPS | New“$27.85 — $28.25” | Lowered“$24.95 — $25.35” | Raised“$25.00 — $25.40” | Raised“$25.65 to $26.05” | — | — | — | — |
| Segment operating income | New“$4,650 — $4,800” | Lowered“$4,200 — $4,350” | Raised“$4,275 — $4,375” | Reiterated“$4,275 — $4,375” | — | — | — | — |
| Aeronautics Systems OM Rate % | New“Mid to High 9%” | Lowered“Low to Mid 6%” | Reiterated“Low to Mid 6%” | Reiterated“Low to Mid 6%” | — | — | — | — |
| Aeronautics Systems Sales ($B) | New“Low $13” | Reiterated“Low $13” | Reiterated“Low $13” | Lowered“High $12” | — | — | — | — |
| Defense Systems OM Rate % | — | New“Mid to High 9%” | Raised“Mid 10%” | Reiterated“High 10%” | — | — | — | — |
| Defense Systems Sales ($B) | New“Low $8” | Reiterated“Low $8” | Reiterated“Low $8” | Reiterated“Low $8” | — | — | — | — |
| Free cash flow | New“$2,850 — $3,250” | Reiterated“$2,850 — $3,250” | Raised“$3,050 — $3,350” | Reiterated“$3,050 — $3,350” | — | — | — | — |
| Intersegment Eliminations OM Rate % | New“High 13%” | Reiterated“High 13%” | Reiterated“High 13%” | Reiterated“High 13%” | — | — | — | — |
| Intersegment Eliminations Sales ($B) | New“~($2.1)” | Reiterated“~($2.1)” | Reiterated“~($2.1)” | Raised“~($2.25)” | — | — | — | — |
| Mission Systems OM Rate % | New“Mid 14%” | Reiterated“Mid 14%” | Reiterated“Mid 14%” | Reiterated“Mid 14%” | — | — | — | — |
| Mission Systems Sales ($B) | New“~$12” | Reiterated“~$12” | Reiterated“Low to Mid $12” | — | — | — | — | — |
| Sales | New“$42,000 — $42,500” | Reiterated“$42,000 — $42,500” | Narrowed“$42,050 — $42,250” | Lowered“$41,700 — $41,900” | — | — | — | — |
| Space Systems OM Rate % | New“High 10%” | Reiterated“High 10%” | — | — | — | — | — | — |
| Space Systems Sales ($B) | New“~$11” | Reiterated“~$11” | Lowered“Mid to High $10” | Reiterated“Mid to High $10” | — | — | — | — |
| Training Services divestiture close timing | New“expected to close mid-year” | — | — | — | — | — | — | — |