Northrop Grumman Corporation (NOC)

Northrop Grumman Income Statement

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

Fiscal Quarter	Q3 2026	Q2 2026	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
Period Ending	Sep 30, 2026	Jun 30, 2026	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
Revenue	11,122	10,876	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
Revenue Growth (YoY)	6.71%	5.07%	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%
Cost of Revenue	8,770	8,755	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
Gross Profit	2,352	2,121	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
Selling, General & Admin	916	859	805	360	849	879	877	247	818	934	894	1,167	893	940	906	-690	598	628	600	-1,914
Operating Expenses	916	859	805	360	849	879	877	247	818	934	894	1,167	893	940	906	-690	598	628	600	-1,914
Operating Income	1,436	1,262	1,155	1,936	1,378	1,331	703	1,685	1,288	1,257	1,239	-682	1,148	1,100	1,079	2,514	1,220	1,331	1,273	3,465
Interest Expense	-158	-161	-162	-175	-161	-173	-156	-160	-161	-154	-146	-128	-141	-147	-129	-120	-122	-131	-133	-133
Other Non Operating Income (Expenses)	20	32	37	26	24	38	31	26	61	43	38	53	14	34	48	58	-8	-50	4	13
EBT Excluding Unusual Items	1,298	1,133	1,030	1,787	1,241	1,196	578	1,551	1,188	1,146	1,131	-757	1,021	987	998	2,452	1,090	1,150	1,144	3,345
Gain (Loss) on Sale of Investments	-	35	-	-47	82	-	-	-	-	-	-	-	97	-	-	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	231	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pretax Income	1,298	1,168	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
Income Tax Expense	174	74	155	313	223	253	97	287	162	206	187	-222	181	175	156	372	175	204	189	635
Net Income	1,124	1,094	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
Net Income to Common	1,124	1,094	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
Net Income Growth (YoY)	2.18%	-6.81%	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%
Shares Outstanding (Basic)	142	142	142	143	143	144	145	146	146	148	149	151	151	152	153	155	155	155	156	158
Shares Outstanding (Diluted)	142	142	143	143	144	144	145	146	147	148	149	151	152	152	153	155	155	156	157	158
Shares Change (YoY)	-0.77%	-1.11%	-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%
EPS (Basic)	7.91	7.70	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
EPS (Diluted)	7.89	7.68	6.14	9.98	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
EPS Growth (YoY)	2.87%	-5.77%	84.94%	15.23%	9.57%	28.14%	-47.47%	-	13.27%	19.10%	14.91%	-	4.92%	-11.88%	-9.84%	-21.45%	-11.16%	-5.61%	-54.58%	769.45%

Additional Metrics

Fiscal Quarter	Q3 2026	Q2 2026	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
Period Ending	Sep 30, 2026	Jun 30, 2026	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
Free Cash Flow	1,439	978	-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
Free Cash Flow Per Share	10.11	6.87	-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	4.49
Dividend Per Share	2.470	2.470	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
Dividend Growth (YoY)	6.93%	6.93%	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%
Gross Margin	21.15%	19.50%	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%
Operating Margin	12.91%	11.60%	11.69%	16.53%	13.22%	12.86%	7.42%	15.77%	12.88%	12.30%	12.23%	-6.41%	11.74%	11.49%	11.60%	25.06%	13.60%	15.12%	14.47%	40.11%
Profit Margin	10.11%	10.06%	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%
Free Cash Flow Margin	12.94%	8.99%	-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%
EBITDA	1,815	1,629	1,527	2,342	1,757	1,681	1,040	2,099	1,619	1,583	1,538	-282	1,465	1,423	1,377	2,896	1,547	1,661	1,576	3,796
EBITDA Margin	16.32%	14.98%	15.45%	20.00%	16.86%	16.24%	10.98%	19.64%	16.20%	15.49%	15.18%	-2.65%	14.99%	14.86%	14.80%	28.87%	17.24%	18.87%	17.91%	43.94%
D&A For EBITDA	379	367	372	406	379	350	337	414	331	326	299	400	317	323	298	382	327	330	303	331
EBIT	1,436	1,262	1,155	1,936	1,378	1,331	703	1,685	1,288	1,257	1,239	-682	1,148	1,100	1,079	2,514	1,220	1,331	1,273	3,465
EBIT Margin	12.91%	11.60%	11.69%	16.53%	13.22%	12.86%	7.42%	15.77%	12.88%	12.30%	12.23%	-6.41%	11.74%	11.49%	11.60%	25.06%	13.60%	15.12%	14.47%	40.11%
Effective Tax Rate	13.41%	6.34%	15.05%	17.99%	16.86%	17.73%	16.78%	18.50%	13.64%	17.98%	16.53%	-	16.19%	17.73%	15.63%	15.17%	16.05%	17.74%	16.52%	18.98%
Revenue as Reported	11,122	10,876	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

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Oct 20, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 25, 2026

Data Sources Report a data error