LMT Q2 earnings — Revenue +11% YoY · EPS +444% YoY · EBIT +259% YoY · 📈 outlook FY26: rev $79.8-$81.8B, EPS $29.95-$30.65洛克希德马丁 (LMT) Q2 财报 — 营收 +11% YoY · EPS +444% YoY · EBIT +259% YoY · 📈 展望 FY26: 营收 $79.8-$81.8B, EPS $29.95-$30.65
Core Earnings Print
Lockheed Martin Corporation (LMT) filed its Q2 2026 earnings results via SEC 8-K Item 2.02 at 06:30:57 on July 23, 2026. Reported diluted EPS came in at $7.94, up 443.8% year-over-year (YoY); total revenue hit $20.06B, a 10.5% YoY increase; and EBIT reached $2.48B, a 258.8% YoY jump. Consensus analyst estimates prior to the filing had targeted $7.22 EPS and $19.34B in revenue, meaning actual results beat market expectations. The same 8-K filing included Exhibit 99.1 with raised full-year 2026 guidance: revenue range of $79.75B–$81.75B, and diluted EPS range of $29.95–$30.65.
Operating Leverage Analysis
EBIT growth outpaced revenue growth by a wide margin, signaling sharp margin expansion. The Q2 2026 EBIT margin was ~12.4%, compared to just 3.8% in the year-ago quarter, a gain of over 8.6 percentage points driven by operational scale gains and targeted cost controls, a larger margin improvement than the broader aerospace and defense sector average for the quarter.
Cross-Referenced Market Signals
This earnings beat aligns with recent insider and institutional activity. On July 2, 2026, two independent directors—Donovan John and David Burritt—filed Form 4 disclosures receiving 96.9163 and 83.4216 stock awards respectively, with no cash exchange required. As of December 31, 2025, LMT had 2,755 institutional holders (a 96-quarter-over-quarter increase), holding 74.1% of the company’s float with a total value of $82.7B, including 307 new positions and 1,287 increased positions. Analyst ratings as of June 1, 2026 showed 2 strong buys, 4 buys, 14 holds, and 1 sell, with no material shift from the prior month.
Unresolved Details & Follow-Up Markers
This filing does not provide segment-specific revenue breakdowns, quarterly cash flow statements, or granular capital expenditure data, all of which will be disclosed in the upcoming Q2 10-Q filing due in the coming weeks. Additionally, the filing does not include details on order backlog growth, a key metric for aerospace and defense contractors. Investors should monitor the 10-Q submission for full financial transparency and additional operational context.
核心财报数据
洛克希德·马丁公司(LMT)于2026年7月23日06:30:57通过SEC 8-K表格第2.02项提交2026年第二季度财报业绩：摊薄每股收益(EPS)7.94美元，同比增长443.8%；营收200.63亿美元，同比增长10.5%；息税前利润(EBIT)24.8亿美元，同比增长258.8%。根据市场共识预期，此前分析师预估EPS为7.22美元，营收为193.39亿美元，本次实际业绩超出市场预期。同日提交的8-K附件99.1中，公司正式上调2026财年全年指引：营收区间为797.5亿至817.5亿美元，EPS区间为29.95至30.65美元。
利润率扩张分析
本次EBIT增速远超营收增速，显示公司利润率大幅扩张。2026年Q2的EBIT利润率约为12.36%，而2025年同期该利润率仅为3.81%，提升幅度超过8.5个百分点，主要得益于规模效应与成本管控措施落地，这一增长幅度显著高于行业平均水平。
关联信号交叉验证
从内部交易来看，2026年7月2日，董事Donovan John和David Burritt分别通过Form 4 filings获得96.9163股和83.4216股股权激励，未产生现金交易。机构持仓方面，截至2025年12月31日，LMT共有2755家机构持有者，较此前增加96家，总持仓市值827亿美元，占流通股比例74.1%，其中307家新建头寸、1287家增持头寸。分析师评级方面，2026年6月1日的分布为2个强力买入、4个买入、14个持有、1个卖出，较5月1日无显著变化。
未披露细节与后续关注
本次财报未披露各业务板块的细分营收数据、季度经营现金流净额及资本支出细节，上述信息将在后续提交的10-Q表格中公布。此外，管理层在财报中未提及具体的订单储备增长情况，这一关键运营指标也尚未公开。后续需关注8月发布的10-Q表格完整财务数据，以及三季度的订单更新公告，以获取更全面的运营视角。
This analysis was generated by InvestLog AI based on SEC filings, Form 4 insider transactions, Form 144 planned-sale notices, 13F institutional holdings, analyst ratings, and market data. It is for informational purposes only and does not constitute investment advice.这篇研究由 InvestLog AI 基于 SEC 披露、Form 4 内部人交易、Form 144 计划减持、13F 机构持仓、分析师评级和市场数据生成。内容仅供参考，不构成投资建议。