Lockheed Martin stock rises on $20.06 billion sales

Quarterly beat

Lockheed Martin (ISIN US5398301094) reported quarterly adjusted earnings of $7.94 per share on $20.06 billion in revenue for the quarter ended June 30, 2026, with sales up 10.5% year over year and EPS ahead of the $7.22 consensus by $0.72.

The same report put net margin at 8.16% and return on equity at 91.42%, while full-year 2026 EPS guidance stood at $29.95 to $30.65. Those figures give the defense contractor a clear earnings backdrop into the second half of the year.

Market read

At 3:17 p.m. Eastern on August 18, 2026, the stock was quoted at $608.49, up $14.75 or 2.48%, with market value at $137.03 billion on the same market snapshot. The move leaves the shares close to a new trading high after the earnings update.

Analysts currently point to about $30.39 in full-year EPS for 2026, which sits inside the company's guidance range and suggests the latest quarter did not reset expectations lower. The comparison with the prior-year quarter, when Lockheed Martin earned $1.46 per share, also shows how sharply the reported profit base has changed.

Defense pipeline

Aerospace Daily & Defense Report said on August 18, 2026, that Albany Engineered Composites will provide a 3D-woven composite aeroshell for Lockheed Martin's Next Generation Glide Body. The item adds a concrete program update to the earnings backdrop and reinforces how the missile and space portfolio remains active.

The latest filing list also shows a Form 4 dated August 17, 2026, giving investors a second fresh company-specific reference point beside the earnings and market data. For Lockheed Martin, the combination of a 10.5% revenue increase, a $0.72 EPS beat and a 2.48% share move is the most useful read-through from the current session.

Program detail

The Next Generation Glide Body is one of the more visible development programs tied to Lockheed Martin's defense work, and the composite aeroshell update points to ongoing industrial activity rather than a one-off headline. That matters because the company's reported quarter already showed $20.06 billion in sales and a margin profile that remained firmly profitable.

Stock level

Lockheed Martin stock traded at $608.49 as of August 18, 2026, 3:17 p.m. Eastern. The market cap snapshot stood at $137.03 billion on that same reading.

Company

Company: Lockheed Martin Corporation
ISIN: US5398301094
Ticker: LMT
Exchange: NYSE
Price (as of August 18, 2026, 3:17 p.m. ET): $608.49 USD
Market cap: $137.03 billion (as of August 18, 2026)
Sector / Industry: Industrials / Aerospace & Defense

More on Lockheed Martin stock

More on Lockheed Martin stock is centered on the quarter ended June 30, 2026, the $29.95 to $30.65 full-year EPS range and the August 18, 2026 market snapshot.