Northrop Grumman Corporation (NOC)

Northrop Grumman Income Statement

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

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021
Revenue	9,881	11,712	10,423	10,351	9,468	10,686	9,996	10,218	10,133	10,638	9,775	9,576	9,301	10,033	8,971	8,801	8,797	8,639	8,720	9,151
Revenue Growth (YoY)	4.36%	9.60%	4.27%	1.30%	-6.56%	0.45%	2.26%	6.70%	8.95%	6.03%	8.96%	8.81%	5.73%	16.14%	2.88%	-3.82%	-3.93%	-15.40%	-4.00%	3.00%
Cost of Revenue	7,921	9,416	8,196	8,141	7,888	8,754	7,890	8,027	8,000	10,153	7,734	7,536	7,316	8,209	7,153	6,842	6,924	7,088	6,786	7,108
Gross Profit	1,960	2,296	2,227	2,210	1,580	1,932	2,106	2,191	2,133	485	2,041	2,040	1,985	1,824	1,818	1,959	1,873	1,551	1,934	2,043
Selling, General & Admin	971	1,025	985	1,016	1,007	843	986	1,101	1,062	878	1,025	1,073	1,038	918	974	1,005	976	809	891	999
Total Operating Expenses	971	1,025	985	1,016	1,007	843	986	1,101	1,062	878	1,025	1,073	1,038	918	974	1,005	976	809	891	999
Operating Income	989	1,271	1,242	1,425	573	1,089	1,120	1,090	1,071	-393	1,016	967	947	906	844	954	897	742	1,043	1,044
Interest Income	-	-21	106	-	-	26	61	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	-162	-175	-161	-173	-156	-160	-161	-154	-146	-128	-141	-147	-129	-120	-122	-131	-133	-133	-132	-136
Other Non-Operating Income (Expense)	203	0	136	406	161	-	168	210	206	-	243	167	180	434	368	327	380	381	364	394
Total Non-Operating Income (Expense)	41	-196	81	233	5	-134	68	56	60	-128	102	20	51	314	246	196	247	248	232	258
Pretax Income	1,030	1,740	1,323	1,427	578	1,551	1,188	1,146	1,131	-757	1,118	987	998	2,452	1,090	1,150	1,144	3,345	1,275	1,302
Provision for Income Taxes	155	313	223	253	97	287	162	206	187	-222	181	175	156	372	175	204	189	635	212	265
Net Income	875	1,427	1,100	1,174	481	1,264	1,026	940	944	-535	937	812	842	2,080	915	946	955	2,710	1,063	1,037
Net Income to Common	875	1,427	1,100	1,174	481	1,264	1,026	940	944	-535	937	812	842	2,080	915	946	955	2,710	1,063	1,037
Net Income Growth	81.91%	12.90%	7.21%	24.89%	-49.05%	-	9.50%	15.76%	12.11%	-	2.40%	-14.16%	-11.83%	-23.25%	-13.92%	-8.77%	-56.49%	721.21%	7.81%	3.18%
Shares Outstanding (Basic)	142	143	143	144	145	146	146	148	149	151	151	152	153	155	155	155	156	158	160	161
Shares Outstanding (Diluted)	143	143	144	144	145	146	147	148	149	151	152	152	153	155	155	156	157	158	160	162
Shares Change (YoY)	-1.66%	-2.06%	-2.05%	-2.50%	-2.95%	-3.44%	-3.43%	-2.96%	-2.55%	-2.20%	-2.32%	-2.44%	-2.17%	-2.28%	-3.18%	-3.41%	-4.22%	-5.56%	-4.12%	-3.47%
EPS (Basic)	6.16	9.99	7.69	8.17	3.33	8.66	7.02	6.37	6.34	-3.54	6.20	5.35	5.52	13.46	5.92	6.09	6.12	17.14	6.65	6.44
EPS (Diluted)	6.14	9.99	7.67	8.15	3.32	8.66	7.00	6.36	6.32	-3.54	6.18	5.34	5.50	13.46	5.89	6.06	6.10	17.14	6.63	6.42
EPS Growth	84.94%	15.36%	9.57%	28.14%	-47.47%	-	13.27%	19.10%	14.91%	-	4.92%	-11.88%	-9.84%	-21.47%	-11.16%	-5.61%	-54.58%	770.05%	12.56%	6.82%
Free Cash Flow	-1,823	3,235	1,256	637	-1,821	1,762	730	1,105	-976	1,627	869	615	-1,011	1,619	1,039	-460	-732	709	916	798
Free Cash Flow Growth	-	83.60%	72.06%	-42.35%	-	8.30%	-16.00%	79.67%	-	0.49%	-16.36%	-	-	128.35%	13.43%	-	-	-29.80%	-14.55%	-61.41%
Free Cash Flow Per Share	-12.79	22.64	8.75	4.42	-12.57	12.08	4.98	7.48	-6.54	10.77	5.73	4.04	-6.60	10.48	6.69	-2.95	-4.67	4.48	5.71	4.94
Dividends Per Share	2.310	2.310	2.310	2.310	2.060	2.060	2.060	2.060	1.870	1.870	1.870	1.870	1.730	1.730	1.730	1.730	1.570	1.570	1.570	1.570
Dividend Growth	12.14%	12.14%	12.14%	12.14%	10.16%	10.16%	10.16%	10.16%	8.09%	8.09%	8.09%	8.09%	10.19%	10.19%	10.19%	10.19%	8.28%	8.28%	8.28%	8.28%
Gross Margin	19.84%	19.60%	21.37%	21.35%	16.69%	18.08%	21.07%	21.44%	21.05%	4.56%	20.88%	21.30%	21.34%	18.18%	20.27%	22.26%	21.29%	17.95%	22.18%	22.33%
Operating Margin	10.01%	10.85%	11.92%	13.77%	6.05%	10.19%	11.20%	10.67%	10.57%	-3.69%	10.39%	10.10%	10.18%	9.03%	9.41%	10.84%	10.20%	8.59%	11.96%	11.41%
Profit Margin	8.86%	12.18%	10.55%	11.34%	5.08%	11.83%	10.26%	9.20%	9.32%	-5.03%	9.59%	8.48%	9.05%	20.73%	10.20%	10.75%	10.86%	31.37%	12.19%	11.33%
FCF Margin	-18.45%	27.62%	12.05%	6.15%	-19.23%	16.49%	7.30%	10.81%	-9.63%	15.29%	8.89%	6.42%	-10.87%	16.14%	11.58%	-5.23%	-8.32%	8.21%	10.50%	8.72%
EBITDA	1,361	1,677	1,621	1,775	910	1,503	1,451	1,416	1,370	7	1,333	1,290	1,245	1,288	1,171	1,284	1,200	1,073	1,357	1,344
EBITDA Margin	13.77%	14.32%	15.55%	17.15%	9.61%	14.07%	14.52%	13.86%	13.52%	0.07%	13.64%	13.47%	13.39%	12.84%	13.05%	14.59%	13.64%	12.42%	15.56%	14.69%
EBIT	989	1,271	1,242	1,425	573	1,089	1,120	1,090	1,071	-393	1,016	967	947	906	844	954	897	742	1,043	1,044
EBIT Margin	10.01%	10.85%	11.92%	13.77%	6.05%	10.19%	11.20%	10.67%	10.57%	-3.69%	10.39%	10.10%	10.18%	9.03%	9.41%	10.84%	10.20%	8.59%	11.96%	11.41%
Effective Tax Rate	15.05%	17.99%	16.86%	17.73%	16.78%	18.50%	13.64%	17.98%	16.53%	29.33%	16.19%	17.73%	15.63%	15.17%	16.05%	17.74%	16.52%	18.98%	16.63%	20.35%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: Apr 21, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jun 7, 2026

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