$LMT 8-K earnings — Q2 FY26

EPS of $7.94 beat consensus of $7.50 by $0.44 (+5.9%). Revenue of $20.1B topped estimates of $19.5B, driven by 11% YoY growth. Guidance raised: FY26 sales growth ~8%, segment profit +28%, FCF >$7B. The market may miss that the $1.6B program losses in Q2 2025 created an easy comp; core operating profit still surged 279% YoY to $2.2B, reflecting margin expansion beyond one-time benefits.

EPS beat by $0.44, revenue up 11% YoY, and FY26 guidance raised.