8-K filings, October 22, 2026: Lockheed reports 11% sales rise, railroads cite fuel

In Form 8-K filings, which report material events, on October 22, 2026, Lockheed Martin reported third-quarter 2026 sales up 11%. Union Pacific and Norfolk Southern said fuel surcharges helped lift revenue.

An update from FactIQ, written from company statements in 8-K filings of US companies to the Securities and Exchange Commission. What is FactIQ?

Key figures

Lockheed Martin, sales growth, third quarter of 2026

11%reported by the company; sales increased $2.1 billion, with growth in all four business segments

Union Pacific, operating revenue growth, third quarter of 2026

15%reported by the company; driven by higher fuel surcharges, 6% volume growth, core pricing gains and increased other revenue

Norfolk Southern, quarterly operating revenue, third quarter of 2026

$3.5 billionreported by the company as a record; up $423 million or 14%

Procter & Gamble, organic sales growth, first quarter of fiscal year 2027

four percentreported by the company; driven by a two percent increase in volume and a one percent increase from favorable mix

Lockheed Martin reported growth in all four business segments

Lockheed Martin filed a Form 8-K, the filing a US company makes to report a material event, with its third-quarter 2026 results.

Lockheed Martin said its sales increased $2.1 billion, or 11%, with growth in all four business segments.
Lockheed Martin said business segment operating profit increased $200 million, driven by munition ramps and higher Aeronautics volume.
Lockheed Martin said cash from operations decreased $290 million and free cash flow decreased $348 million. It said this was primarily because customer receipts were higher in the prior-year quarter.

Two railroads said fuel surcharges added to revenue growth

Union Pacific said its third-quarter 2026 operating revenue grew 15%. It said this was driven by higher fuel surcharges, 6% volume growth, core pricing gains and increased other revenue, partly offset by business mix.
Union Pacific said higher fuel prices unfavorably affected its operating ratio, a measure of operating costs against revenue, by 140 basis points. A basis point is one hundredth of a percentage point.
Norfolk Southern reported record quarterly operating revenue of $3.5 billion for the third quarter of 2026, up $423 million or 14%. It said fuel surcharges contributed eight points of revenue growth, alongside 3% year-over-year volume growth.

Procter & Gamble reported higher organic sales

Procter & Gamble said its organic sales, which leave out effects such as acquisitions and currency changes, increased four percent in the first quarter of fiscal year 2027. It said this was driven by a two percent increase in volume and a one percent increase from favorable mix. Procter & Gamble said organic sales in Home Care, Hair Care, Personal Care and Skin Care each increased mid-single digits.

Other companies announced job cuts, acquisitions and spending plans

eBay said it plans to reduce its global workforce by approximately 9%.
Nasdaq said it returned more than $1.7 billion to shareholders year to date. It said it remains on track to launch 23/5 trading on December 6, 2026.
Roper Technologies said it deployed $436 million for three bolt-on acquisitions.
Dover said it announced two bolt-on acquisitions and repurchased over $330 million of shares.
PG&E said it is implementing its previously announced $2 billion reduction to the 2027 capital plan.
Valero said its ethanol production averaged 4.8 million gallons per day in the third quarter of 2026, a new quarterly record.

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