Northrop Grumman Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	41,954	41,033	39,290	36,602	35,667
Revenue Growth (YoY)	2.25%	4.44%	7.34%	2.62%	-3.08%
Cost of Revenue	33,641	32,671	32,739	29,128	28,399
Gross Profit	8,313	8,362	6,551	7,474	7,268
Selling, General & Admin	2,965	2,893	3,906	1,136	-227
Operating Expenses	2,965	2,893	3,906	1,136	-227
Operating Income	5,348	5,469	2,645	6,338	7,495
Interest Expense	-665	-621	-545	-506	-556
Other Non Operating Income (Expenses)	109	168	149	4	73
EBT Excluding Unusual Items	4,792	5,016	2,249	5,836	7,012
Gain (Loss) on Sale of Investments	45	-	97	-	-
Gain (Loss) on Sale of Assets	231	-	-	-	1,980
Other Unusual Items	-	-	-	-	-54
Pretax Income	5,068	5,016	2,346	5,836	8,938
Income Tax Expense	886	842	290	940	1,933
Net Income	4,182	4,174	2,056	4,896	7,005
Net Income to Common	4,182	4,174	2,056	4,896	7,005
Net Income Growth	0.19%	103.02%	-58.01%	-30.11%	119.66%
Shares Outstanding (Basic)	144	147	152	155	160
Shares Outstanding (Diluted)	144	147	152	156	161
Shares Change (YoY)	-2.38%	-3.09%	-2.31%	-3.29%	-4.00%
EPS (Basic)	29.14	28.39	13.57	31.61	43.70
EPS (Diluted)	29.08	28.34	13.53	31.47	43.54
EPS Growth	2.61%	109.46%	-57.01%	-27.72%	128.80%
Free Cash Flow	3,307	2,621	2,100	1,466	2,152
Free Cash Flow Per Share	23.00	17.79	13.82	9.42	13.38
Dividend Per Share	8.990	8.050	7.340	6.760	6.160
Dividend Growth	11.68%	9.67%	8.58%	9.74%	8.64%
Gross Margin	19.81%	20.38%	16.67%	20.42%	20.38%
Operating Margin	12.75%	13.33%	6.73%	17.32%	21.01%
Profit Margin	9.97%	10.17%	5.23%	13.38%	19.64%
Free Cash Flow Margin	7.88%	6.39%	5.34%	4.00%	6.03%
EBITDA	6,820	6,839	3,983	7,680	8,734
EBITDA Margin	16.26%	16.67%	10.14%	20.98%	24.49%
D&A For EBITDA	1,472	1,370	1,338	1,342	1,239
EBIT	5,348	5,469	2,645	6,338	7,495
EBIT Margin	12.75%	13.33%	6.73%	17.32%	21.01%
Effective Tax Rate	17.48%	16.79%	12.36%	16.11%	21.63%
Revenue as Reported	41,954	41,033	39,290	36,602	35,667

Updated Jan 27, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q