Northrop GrummanNOCEarnings & Financial Report
Northrop Grumman Corporation, headquartered in West Falls Church, Virginia, is an American aerospace and defense company that designs and manufactures systems for aeronautics, defense, missions, and space. The company is the 5th largest contractor of the U.S. federal government; it receives over 2% of total spending by the federal government of the United States on contractors.
NOC Q1 FY2026 Key Financial Metrics
Revenue
$9.9B
Gross Profit
N/A
Operating Profit
$184.0M
Net Profit
$875.0M
Gross Margin
N/A
Operating Margin
1.9%
Net Margin
8.9%
YoY Growth
4.4%
EPS
$6.14
Northrop Grumman Q1 FY2026 Financial Summary
Northrop Grumman reported revenue of $9.9B (up 4.4% YoY) for Q1 FY2026, with a net profit of $875.0M (8.9% margin).
Key Financial Metrics
| Total Revenue | $9.9B |
|---|---|
| Net Profit | $875.0M |
| Gross Margin | N/A |
| Operating Margin | 1.9% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Northrop Grumman Q1 FY2026 revenue of $9.9B breaks down across 4 segments, led by Aeronautics Systems at $3.3B (33.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Aeronautics Systems | $3.3B | 33.2% |
| Mission Systems | $2.9B | 29.0% |
| Space Systems | $2.5B | 25.1% |
| Other | $1.3B | 12.7% |
Northrop Grumman Revenue by Segment — Quarterly Trend
Northrop Grumman revenue by segment across the last 4 reported quarters, showing how each business line (such as Aeronautics Systems and Mission Systems) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Aeronautics Systems | $3.3B | — | — | — |
| Mission Systems | $2.9B | $3.4B | — | — |
| Space Systems | $2.5B | — | $2.7B | — |
| Other | $1.3B | $867.0M | $861.0M | $3.6B |
Northrop Grumman Annual Revenue by Year
Northrop Grumman annual revenue history includes year-by-year totals (for example, 2025 revenue was $42.0B).
Northrop Grumman Quarterly Revenue & Net Profit History
Northrop Grumman results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $9.9B | +4.4% | $875.0M | 8.9% |
| Q4 FY2025 | $11.7B | +9.6% | $1.4B | 12.2% |
| Q3 FY2025 | $10.4B | +4.3% | $1.1B | 10.6% |
| Q2 FY2025 | $10.4B | +1.3% | $1.2B | 11.3% |
| Q1 FY2025 | $9.5B | -6.6% | $481.0M | 5.1% |
| Q4 FY2024 | $10.7B | +0.5% | $1.3B | 11.8% |
| Q3 FY2024 | $10.0B | +2.3% | $1.0B | 10.3% |
| Q2 FY2024 | $10.2B | +6.7% | $940.0M | 9.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.22B | $10.00B | $10.69B | $9.47B | $10.35B | $10.42B | $11.71B | $9.88B |
| YoY Growth | 6.7% | 2.3% | 0.5% | -6.6% | 1.3% | 4.3% | 9.6% | 4.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $47.67B | $48.29B | $49.36B | $48.47B | $49.45B | $49.30B | $51.38B | $50.01B |
| Liabilities | $33.37B | $33.54B | $34.07B | $33.48B | $33.98B | $33.31B | $34.70B | $32.89B |
| Equity | $14.30B | $14.75B | $15.29B | $14.98B | $15.47B | $15.99B | $16.67B | $17.11B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.43B | $1.09B | $2.58B | $-1.56B | $868.0M | $1.56B | $3.90B | $-1.66B |