Northrop Grumman Corporation (NOC)

Northrop Grumman Income Statement

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

Fiscal Quarter	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	Q3 2021
Period Ending	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	Sep 30, 2021
Revenue	42,892	42,367	41,954	40,928	40,501	40,368	41,033	40,985	40,764	40,122	39,290	38,685	37,881	37,106	36,602	35,208	34,957	35,307	35,667	37,240
Revenue Growth (YoY)	5.90%	4.95%	2.25%	-0.14%	-0.65%	0.61%	4.44%	5.95%	7.61%	8.13%	7.34%	9.88%	8.37%	5.10%	2.62%	-5.46%	-7.04%	-5.43%	-3.08%	5.47%
Cost of Revenue	34,288	33,674	33,641	32,979	32,673	32,559	32,671	34,070	33,914	33,423	32,739	30,795	30,214	29,520	29,128	28,007	27,640	27,906	28,399	29,433
Gross Profit	8,604	8,693	8,313	7,949	7,828	7,809	8,362	6,915	6,850	6,699	6,551	7,890	7,667	7,586	7,474	7,201	7,317	7,401	7,268	7,807
Selling, General & Admin	2,873	2,893	2,965	2,852	2,821	2,876	2,893	3,813	3,888	3,894	3,906	2,049	1,754	1,442	1,136	-88	-162	-158	-227	3,368
Operating Expenses	2,873	2,893	2,965	2,852	2,821	2,876	2,893	3,813	3,888	3,894	3,906	2,049	1,754	1,442	1,136	-88	-162	-158	-227	3,368
Operating Income	5,731	5,800	5,348	5,097	5,007	4,933	5,469	3,102	2,962	2,805	2,645	5,841	5,913	6,144	6,338	7,289	7,479	7,559	7,495	4,439
Interest Expense	-659	-671	-665	-650	-650	-631	-621	-589	-569	-562	-545	-537	-518	-502	-506	-519	-529	-534	-556	-583
Other Non Operating Income (Expenses)	109	115	109	109	156	161	168	195	148	139	149	154	132	48	4	-41	18	41	73	116
EBT Excluding Unusual Items	5,181	5,244	4,792	4,556	4,513	4,463	5,016	2,708	2,541	2,382	2,249	5,458	5,527	5,690	5,836	6,729	6,968	7,066	7,012	3,972
Gain (Loss) on Sale of Investments	80	45	45	92	-	-	-	-	97	97	97	97	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	231	231	231	231	-	-	-	-	-	-	-	-	-	-	-	-	-	1,980	1,980
Other Unusual Items	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-54	-	-54	-54
Pretax Income	5,261	5,520	5,068	4,879	4,744	4,463	5,016	2,708	2,638	2,479	2,346	5,555	5,527	5,690	5,836	6,729	6,914	7,066	8,938	5,898
Income Tax Expense	765	944	886	860	799	752	842	333	352	321	290	884	878	907	940	1,203	1,240	1,301	1,933	1,273
Net Income	4,496	4,576	4,182	4,019	3,945	3,711	4,174	2,375	2,286	2,158	2,056	4,671	4,649	4,783	4,896	5,526	5,674	5,765	7,005	4,625
Net Income to Common	4,496	4,576	4,182	4,019	3,945	3,711	4,174	2,375	2,286	2,158	2,056	4,671	4,649	4,783	4,896	5,526	5,674	5,765	7,005	4,625
Net Income Growth (YoY)	13.97%	23.31%	0.19%	69.22%	72.57%	71.97%	103.02%	-49.15%	-50.83%	-54.88%	-58.01%	-15.47%	-18.07%	-17.03%	-30.11%	19.48%	24.76%	27.66%	119.66%	88.78%
Shares Outstanding (Basic)	142	143	144	144	145	146	147	148	150	151	152	152	153	154	155	156	157	159	160	163
Shares Outstanding (Diluted)	143	143	144	145	145	146	147	149	150	151	152	153	154	155	156	156	158	159	161	163
Shares Change (YoY)	-1.75%	-2.05%	-2.38%	-2.71%	-3.07%	-3.19%	-3.09%	-2.89%	-2.54%	-2.41%	-2.31%	-2.24%	-2.54%	-2.78%	-3.29%	-4.11%	-4.31%	-4.33%	-4.00%	-2.90%
EPS (Basic)	31.56	32.03	29.14	27.87	27.20	25.43	28.39	16.02	15.29	14.33	13.57	30.67	30.37	31.05	31.61	35.47	36.11	36.37	43.70	28.42
EPS (Diluted)	31.50	31.95	29.08	27.81	27.15	25.39	28.34	15.99	15.26	14.29	13.53	30.54	30.23	30.91	31.47	35.31	35.96	36.22	43.54	28.35
EPS Growth (YoY)	16.03%	25.85%	2.61%	73.89%	77.92%	77.72%	109.46%	-47.63%	-49.53%	-53.79%	-57.01%	-13.51%	-15.92%	-14.64%	-27.72%	24.56%	30.38%	33.37%	128.80%	94.45%

Additional Metrics

Fiscal Quarter	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	Q3 2021
Period Ending	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	Sep 30, 2021
Free Cash Flow	3,646	3,305	3,307	1,834	1,308	1,776	2,621	2,486	2,625	2,135	2,100	2,092	2,262	1,187	1,466	556	433	1,691	2,152	2,453
Free Cash Flow Per Share	25.54	23.08	23.00	12.69	9.00	12.15	17.79	16.73	17.51	14.14	13.82	13.68	14.71	7.67	9.42	3.55	2.74	10.62	13.38	15.03
Dividend Per Share	9.400	9.240	8.990	8.740	8.490	8.240	8.050	7.860	7.670	7.480	7.340	7.200	7.060	6.920	6.760	6.600	6.440	6.280	6.160	6.040
Dividend Growth (YoY)	10.72%	12.14%	11.68%	11.20%	10.69%	10.16%	9.67%	9.17%	8.64%	8.09%	8.58%	9.09%	9.63%	10.19%	9.74%	9.27%	8.78%	8.28%	8.64%	9.03%
Gross Margin	20.06%	20.52%	19.81%	19.42%	19.33%	19.35%	20.38%	16.87%	16.80%	16.70%	16.67%	20.40%	20.24%	20.44%	20.42%	20.45%	20.93%	20.96%	20.38%	20.96%
Operating Margin	13.36%	13.69%	12.75%	12.45%	12.36%	12.22%	13.33%	7.57%	7.27%	6.99%	6.73%	15.10%	15.61%	16.56%	17.32%	20.70%	21.39%	21.41%	21.01%	11.92%
Profit Margin	10.48%	10.80%	9.97%	9.82%	9.74%	9.19%	10.17%	5.79%	5.61%	5.38%	5.23%	12.07%	12.27%	12.89%	13.38%	15.70%	16.23%	16.33%	19.64%	12.42%
Free Cash Flow Margin	8.50%	7.80%	7.88%	4.48%	3.23%	4.40%	6.39%	6.07%	6.44%	5.32%	5.34%	5.41%	5.97%	3.20%	4.00%	1.58%	1.24%	4.79%	6.03%	6.59%
EBITDA	7,255	7,307	6,820	6,577	6,439	6,341	6,839	4,458	4,304	4,144	3,983	7,161	7,243	7,481	7,680	8,580	8,757	8,807	8,734	5,692
EBITDA Margin	16.91%	17.25%	16.26%	16.07%	15.90%	15.71%	16.67%	10.88%	10.56%	10.33%	10.14%	18.51%	19.12%	20.16%	20.98%	24.37%	25.05%	24.94%	24.49%	15.29%
D&A For EBITDA	1,524	1,507	1,472	1,480	1,432	1,408	1,370	1,356	1,342	1,339	1,338	1,320	1,330	1,337	1,342	1,291	1,278	1,248	1,239	1,253
EBIT	5,731	5,800	5,348	5,097	5,007	4,933	5,469	3,102	2,962	2,805	2,645	5,841	5,913	6,144	6,338	7,289	7,479	7,559	7,495	4,439
EBIT Margin	13.36%	13.69%	12.75%	12.45%	12.36%	12.22%	13.33%	7.57%	7.27%	6.99%	6.73%	15.10%	15.61%	16.56%	17.32%	20.70%	21.39%	21.41%	21.01%	11.92%
Effective Tax Rate	14.54%	17.10%	17.48%	17.63%	16.84%	16.85%	16.79%	12.30%	13.34%	12.95%	12.36%	15.91%	15.89%	15.94%	16.11%	17.88%	17.94%	18.41%	21.63%	21.58%
Revenue as Reported	42,892	42,367	41,954	40,928	40,501	40,368	41,033	40,985	40,764	40,122	39,290	38,685	37,881	37,106	36,602	35,208	34,957	35,307	35,667	37,240

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 21, 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:

Aug 31, 2026

Data Sources Report a data error