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Lockheed Martin Corporation

LMT Industrials Military/Government/Technical
$589.91
▲ +7.5% Today
as of Oct 22, 16:50 ET
Last 30 days +11.43% Sep 14 → Oct 22
$491.96 $518.26 $544.56 $570.87 $597.17 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$579.50
High
$607.99
Low
$577.50
Volume
$3M
Avg Vol
$1M
Mkt Cap
$115.2B
P/E (TTM)
25.88
Beta
—
52w High
$692.00
52w Low
$437.25
Div Yield
—
Shares Out
—

Recent Press Releases & News last 60 days · 25 items

mixed ▲ 1 ● 23 ▼ 1
Oct 22 · 10:19 PR PR Newswire neutral
Lockheed Martin Reports Third Quarter 2026 Financial Results
Oct 22 · 10:11 Reuters neutral
Lockheed, Pentagon strike initial deal to produce 850 F-35 jets
Oct 21 · 17:28 Insider Monkey neutral
Lockheed Martin (LMT): Is the Pullback a Buying Opportunity?
▸ Show all 25 press releases & news Free account →

LMT earnings at a glance

The options market is pricing a move of about ±5.6% after the report, a range of roughly $556.76 to $623.06 from today's $589.91. Over its last 6 reports the stock rose the next day 3 times and fell 3, moving ±5.7% on average; after the most recent report on Jul 23, 2026 it moved +10.5%. That means options currently expect about the same movement than LMT has typically delivered. LMT beat the consensus EPS estimate in 5 of its last 6 reported quarters. Implied volatility is currently 35%. The share price of $589.91 sits in the middle of its 52-week range.

More Industrials stocks · All stocks · Earnings calendar

Overview

52-week range
$437
$692
60% of range
Avg surprise (last 6)
+10.4%
Avg reaction (last 6)
-0.5%
50% positive
Latest IV / EM
35%
EM ±5.6% · $508 · Oct 23

Earnings trends

EPS — actual vs estimate Actual Estimate
$6.24$6.67$7.09$7.52$7.94 Actual $6.61Actual $6.63Actual $6.73Actual $6.39Actual $6.85Actual $6.80Actual $7.28Est $6.34Actual $7.29Est $6.49Actual $6.95Est $6.33Actual $7.43Est $6.24Actual $6.44Est $6.67Actual $7.94Est $7.22 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258K8KJun/2026
Revenue vs Net Income Revenue Net income
$0$5.3B$10.5B$15.8B$21.1B Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Thu Jul 23, 2026Jun/2026 $7.94 $7.22 +10.0% -1.0% +10.5% earnings
Thu Apr 23, 20268K 2026-04-23 $6.44 $6.67 -3.5% — -4.6% earnings
Thu Jan 29, 20268K 2026-01-29 $7.43 $6.24 +19.1% — +4.2% earnings
Tue Oct 21, 2025Sep/2025 $6.95 $6.33 +9.8% — -3.2% earnings
Tue Jul 22, 2025Jun/2025 $7.29 $6.49 +12.3% — -10.8% earnings
Tue Apr 22, 2025Mar/2025 $7.28 $6.34 +14.8% — +0.8% earnings
Sun Sep 29, 2024Sep 2024 $6.80 — — — — financials
Sun Jun 30, 2024Jun 2024 $6.85 — — — — financials
Sun Mar 31, 2024Mar 2024 $6.39 — — — — financials
Sun Sep 24, 2023Sep 2023 $6.73 — — — — financials
Sun Jun 25, 2023Jun 2023 $6.63 — — — — financials
Sun Mar 26, 2023Mar 2023 $6.61 — — — — financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$20.06B$18.02B—$18.61B$18.16B$17.96B—$17.10B
Cost of revenue$17.62B$15.94B—$16.37B$17.42B$15.64B—$14.99B
Gross profit$2.45B$2.08B—$2.24B$734M$2.32B—$2.12B
Operating income$2.48B$2.06B—$2.28B$748M$2.37B—$2.14B
Net income$1.84B$1.49B—$1.62B$342M$1.71B—$1.62B
EPS (diluted)$7.94$6.44—$6.95$1.46$7.28—$6.80

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$3.79B$1.89B$4.12B$3.47B$1.29B$1.80B$2.48B$3.15B
Inventory$4.41B$4.25B$3.52B$3.75B$3.70B$3.60B$3.47B$3.23B
Total current assets$28.40B$25.08B$25.36B$25.94B$23.99B$22.80B$21.85B$23.21B
Total assets$62.45B$59.24B$59.84B$60.28B$58.87B$56.67B$55.62B$55.52B
Long-term debt$20.54B$20.53B$20.53B$20.52B$18.52B$18.66B$19.63B$19.18B
Total liabilities$53.68B$51.75B$53.12B$54.09B$53.54B$49.99B$49.28B$48.32B
Total equity$8.77B$7.49B$6.72B$6.18B$5.33B$6.68B$6.33B$7.20B

Implied volatility — last 90 days

22%124%226%328%430% Jun 07 — IV 37% · EM ±3.4%Jun 08 — IV 34% · EM ±2.8%Jun 09 — IV 34% · EM ±2.5%Jun 10 — IV 36% · EM ±2.1%Jun 11 — IV 34% · EM ±1.4%Jun 15 — IV 29% · EM ±2.1%Jun 16 — IV 38% · EM ±2.2%Jun 17 — IV 30% · EM ±1.2%Jun 19 — IV 30% · EM ±3.3%Jun 22 — IV 37% · EM ±3.1%Jun 23 — IV 38% · EM ±2.7%Jun 24 — IV 36% · EM ±2.2%Jun 25 — IV 51% · EM ±2.1%Jun 29 — IV 35% · EM ±8.2%Jun 30 — IV 32% · EM ±7.5%Jul 01 — IV 35% · EM ±7.9%Jul 02 — IV 37% · EM ±8.3%Jul 03 — IV 39% · EM ±7.5%Jul 06 — IV 38% · EM ±6.8%Jul 07 — IV 40% · EM ±6.9%Jul 08 — IV 42% · EM ±7.1%Jul 09 — IV 43% · EM ±7.0%Jul 10 — IV 42% · EM ±6.5%Jul 13 — IV 49% · EM ±6.8%Jul 14 — IV 48% · EM ±6.4%Jul 15 — IV 47% · EM ±5.9%Jul 16 — IV 47% · EM ±5.6%Jul 17 — IV 50% · EM ±5.5%Jul 20 — IV 60% · EM ±5.0%Jul 21 — IV 60% · EM ±4.3%Jul 22 — IV 87% · EM ±5.1%Jul 23 — IV 54% · EM ±2.2%Jul 27 — IV 32% · EM ±2.7%Jul 28 — IV 32% · EM ±2.3%Jul 29 — IV 40% · EM ±2.3%Jul 30 — IV 63% · EM ±2.6%Aug 03 — IV 30% · EM ±2.5%Aug 04 — IV 34% · EM ±2.5%Aug 05 — IV 36% · EM ±2.1%Aug 06 — IV 36% · EM ±1.5%Aug 10 — IV 27% · EM ±2.3%Aug 11 — IV 430% · EM ±31.1%Aug 12 — IV 24% · EM ±1.4%Aug 13 — IV 25% · EM ±1.0%Aug 17 — IV 23% · EM ±1.9%Aug 18 — IV 33% · EM ±2.4%Aug 19 — IV 33% · EM ±2.0%Aug 20 — IV 34% · EM ±1.4%Aug 24 — IV 26% · EM ±2.1%Aug 25 — IV 26% · EM ±1.9%Aug 26 — IV 32% · EM ±1.9%Aug 27 — IV 35% · EM ±1.4%Aug 31 — IV 28% · EM ±2.3%Sep 01 — IV 26% · EM ±1.9%Sep 02 — IV 27% · EM ±1.6%Sep 03 — IV 36% · EM ±1.5%Sep 07 — IV 25% · EM ±2.1%Sep 08 — IV 29% · EM ±2.1%Sep 09 — IV 31% · EM ±1.8%Sep 10 — IV 40% · EM ±1.7%Sep 14 — IV 27% · EM ±2.3%Sep 15 — IV 35% · EM ±2.6%Sep 16 — IV 37% · EM ±2.2%Sep 17 — IV 39% · EM ±1.6%Sep 21 — IV 22% · EM ±1.8%Sep 22 — IV 31% · EM ±2.2%Sep 23 — IV 36% · EM ±2.1%Sep 24 — IV 38% · EM ±1.6%Sep 28 — IV 30% · EM ±6.2%Sep 29 — IV 31% · EM ±6.4%Sep 30 — IV 31% · EM ±6.2%Oct 01 — IV 31% · EM ±6.0%Oct 02 — IV 31% · EM ±5.9%Oct 05 — IV 30% · EM ±5.2%Oct 06 — IV 30% · EM ±5.2%Oct 07 — IV 33% · EM ±5.5%Oct 08 — IV 35% · EM ±5.6%

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LMT earnings FAQ

What is LMT's expected move for earnings?

Options currently price a move of about ±5.6%, or $33.15 per share either way from $589.91.

How does LMT stock usually react to earnings?

Across the last 6 reports the average next-day move was ±5.7%, up 3 times and down 3 times.

What is LMT's implied volatility?

LMT's at-the-money implied volatility is about 35% based on the latest options snapshot.

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