Northrop Grumman Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	42,367	41,954	41,033	39,290	36,602	35,667
Revenue Growth (YoY)	4.95%	2.25%	4.44%	7.34%	2.62%	-3.08%
Cost of Revenue	33,674	33,641	32,671	32,739	29,128	28,399
Gross Profit	8,693	8,313	8,362	6,551	7,474	7,268
Selling, General & Admin	3,997	4,033	3,992	4,014	3,873	3,597
Total Operating Expenses	3,997	4,033	3,992	4,014	3,873	3,597
Operating Income	4,927	4,511	4,370	2,537	3,601	5,651
Interest Income	85	154	168	246	-	-
Interest Expense	-671	-665	-621	-545	-506	-556
Other Non-Operating Income (Expense)	745	1,299	1,099	108	2,741	5,823
Total Non-Operating Income (Expense)	159	788	646	-191	2,235	5,267
Pretax Income	5,520	5,068	5,016	2,346	5,836	8,938
Provision for Income Taxes	944	886	842	290	940	1,933
Net Income	4,576	4,182	4,174	2,056	4,896	7,005
Net Income to Common	4,576	4,182	4,174	2,056	4,896	7,005
Net Income Growth	23.31%	0.19%	103.02%	-58.01%	-30.11%	119.66%
Shares Outstanding (Basic)	143	144	147	152	155	160
Shares Outstanding (Diluted)	143	144	147	152	156	161
Shares Change (YoY)	-2.07%	-2.38%	-3.09%	-2.31%	-3.29%	-4.00%
EPS (Basic)	32.01	29.14	28.39	13.57	31.61	43.70
EPS (Diluted)	31.95	29.08	28.34	13.53	31.47	43.54
EPS Growth	26.09%	2.61%	109.46%	-57.01%	-27.72%	128.80%
Shares Outstanding	142.03	142	144.95	150.11	153.16	156.28
Free Cash Flow	3,305	3,307	2,621	2,100	1,466	2,152
Free Cash Flow Growth	-0.06%	26.17%	24.81%	43.25%	-31.88%	-25.41%
Free Cash Flow Per Share	23.08	23.00	17.79	13.82	9.42	13.37
Dividends Per Share	9.240	8.990	8.050	7.340	6.760	6.160
Dividend Growth	2.78%	11.68%	9.67%	8.58%	9.74%	8.64%
Gross Margin	20.52%	19.81%	20.38%	16.67%	20.42%	20.38%
Operating Margin	11.63%	10.75%	10.65%	6.46%	9.84%	15.84%
Profit Margin	10.80%	9.97%	10.17%	5.23%	13.38%	19.64%
FCF Margin	7.80%	7.88%	6.39%	5.34%	4.01%	6.03%
EBITDA	6,434	5,983	5,740	3,875	4,943	6,890
EBITDA Margin	15.19%	14.26%	13.99%	9.86%	13.50%	19.32%
EBIT	4,927	4,511	4,370	2,537	3,601	5,651
EBIT Margin	11.63%	10.75%	10.65%	6.46%	9.84%	15.84%
Effective Tax Rate	17.10%	17.48%	16.79%	12.36%	16.11%	21.63%

Updated Apr 21, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q