LMT · Earnings call · 2026Q3T · Full report

Operating Profit and Margins

LOCKHEED MARTIN CORP · 2026-10-22 · Importance 54 · Surprise 40

Third-quarter segment operating profit was $2.2 billion, with a 10.8% operating margin, and EPS increased 15% year over year to $7.97 from $6.95. Profit growth was driven by volume at MFC and Aeronautics and a favorable RMS profit adjustment after resolution of a contracting matter. Aeronautics profit increased 9%, MFC profit increased 24%, RMS profit increased 4%, and Space profit was comparable with the prior-year quarter.

Key facts

• Lockheed Martin’s Q3 2026 segment operating profit was $2.2 billion, with a 10.8% operating margin.
• Lockheed Martin’s Q3 2026 earnings per share were $7.97, up 15% from $6.95 in the prior-year period.