LMT · 10-Q · 2026Q2 · Full report

Revenue Performance and Mix

LOCKHEED MARTIN CORP · 2026-07-23 · Importance 54 · Surprise 40 · In source text

Six-month sales increased 5% year over year to $38.084 billion from $36.118 billion, while quarterly sales increased 11% to $20.063 billion from $18.155 billion. Six-month product sales rose 5% to $31.614 billion and service sales rose 7% to $6.470 billion, with products representing 83.0% of total sales and services representing 17.0%. Quarterly product sales increased 11% to $16.783 billion, driven by higher F-35, PAC-3, THAAD, undersea combat systems, River Class Destroyer, FBM and NGI volumes, while service sales increased 9% to $3.280 billion. Quarterly segment sales increased 9% at Aeronautics to $8.112 billion, 19% at MFC to $4.101 billion, 9% at RMS to $4.354 billion and 6% at Space to $3.496 billion.

Key facts

• Product sales increased $1.6 billion, or 11%, during the quarter ended June 28, 2026 versus the same period in 2025. source
• LOCKHEED MARTIN CORP's consolidated sales were $20,063 million for the quarter ended June 28, 2026 and $38,084 million for the six months ended June 28, 2026. source
• Consolidated product sales were $16,783 million for the quarter ended June 28, 2026 and $31,614 million for the six months ended June 28, 2026, representing 83.7% and 83.0% of total sales for the respective periods. source
• Service sales were $3,280 million for the quarter ended June 28, 2026 and $6,470 million for the six months ended June 28, 2026, representing 16.3% and 17.0% of total sales for the respective periods. source
• Aeronautics sales were $8,112 million for the quarter ended June 28, 2026 and $15,065 million for the six months ended June 28, 2026, with operating margin of 9.4% for the quarter and 9.2% for the six months. source
• Missiles and Fire Control sales were $4,101 million for the quarter ended June 28, 2026 and $7,750 million for the six months ended June 28, 2026, with operating margin 14.5% for the quarter and 14.1% for the six months. source
• RMS sales were $4,354 million for the quarter ended June 28, 2026 and $8,345 million for the six months ended June 28, 2026, with operating margin 10.0% for the quarter and 10.3% for the six months. source
• Space sales were $3,496 million for the quarter ended June 28, 2026 and $6,924 million for the six months ended June 28, 2026, with operating margin 10.6% for the quarter and 9.4% for the six months. source

Impact estimates