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	2016 - 2020
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	2016 - 2020
Revenue	41,954	41,033	39,290	36,602	35,667	Upgrade
Revenue Growth (YoY)	2.25%	4.44%	7.34%	2.62%	-3.08%	Upgrade
Cost of Revenue	33,641	32,671	32,739	29,128	28,399	Upgrade
Gross Profit	8,313	8,362	6,551	7,474	7,268	Upgrade
Selling, General & Admin	2,965	2,893	3,906	1,136	-227	Upgrade
Operating Expenses	2,965	2,893	3,906	1,136	-227	Upgrade
Operating Income	5,348	5,469	2,645	6,338	7,495	Upgrade
Interest Expense	-665	-621	-545	-506	-556	Upgrade
Other Non Operating Income (Expenses)	109	168	149	4	73	Upgrade
EBT Excluding Unusual Items	4,792	5,016	2,249	5,836	7,012	Upgrade
Gain (Loss) on Sale of Investments	45	-	97	-	-	Upgrade
Gain (Loss) on Sale of Assets	231	-	-	-	1,980	Upgrade
Other Unusual Items	-	-	-	-	-54	Upgrade
Pretax Income	5,068	5,016	2,346	5,836	8,938	Upgrade
Income Tax Expense	886	842	290	940	1,933	Upgrade
Net Income	4,182	4,174	2,056	4,896	7,005	Upgrade
Net Income to Common	4,182	4,174	2,056	4,896	7,005	Upgrade
Net Income Growth	0.19%	103.02%	-58.01%	-30.11%	119.66%	Upgrade
Shares Outstanding (Basic)	144	147	152	155	160	Upgrade
Shares Outstanding (Diluted)	144	147	152	156	161	Upgrade
Shares Change (YoY)	-2.38%	-3.09%	-2.31%	-3.29%	-4.00%	Upgrade
EPS (Basic)	29.14	28.39	13.57	31.61	43.70	Upgrade
EPS (Diluted)	29.08	28.34	13.53	31.47	43.54	Upgrade
EPS Growth	2.61%	109.46%	-57.01%	-27.72%	128.80%	Upgrade
Free Cash Flow	3,307	2,621	2,100	1,466	2,152	Upgrade
Free Cash Flow Per Share	23.00	17.79	13.82	9.42	13.38	Upgrade
Dividend Per Share	8.990	8.050	7.340	6.760	6.160	Upgrade
Dividend Growth	11.68%	9.67%	8.58%	9.74%	8.64%	Upgrade
Gross Margin	19.81%	20.38%	16.67%	20.42%	20.38%	Upgrade
Operating Margin	12.75%	13.33%	6.73%	17.32%	21.01%	Upgrade
Profit Margin	9.97%	10.17%	5.23%	13.38%	19.64%	Upgrade
Free Cash Flow Margin	7.88%	6.39%	5.34%	4.00%	6.03%	Upgrade
EBITDA	6,820	6,839	3,983	7,680	8,734	Upgrade
EBITDA Margin	16.26%	16.67%	10.14%	20.98%	24.49%	Upgrade
D&A For EBITDA	1,472	1,370	1,338	1,342	1,239	Upgrade
EBIT	5,348	5,469	2,645	6,338	7,495	Upgrade
EBIT Margin	12.75%	13.33%	6.73%	17.32%	21.01%	Upgrade
Effective Tax Rate	17.48%	16.79%	12.36%	16.11%	21.63%	Upgrade
Revenue as Reported	41,954	41,033	39,290	36,602	35,667	Upgrade

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

SEC Filings: 10-K · 10-Q