NOC
Northrop Grumman Corporation
Stock
$478.00−4.00 (−0.83%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $42.9B | $42.0B | $41.0B | $39.3B | $36.6B | $35.7B | $36.8B | $33.8B | $30.1B | $26.0B | $24.7B | $23.5B | $24.0B | $24.7B | $25.2B | $26.4B | $28.1B | $27.7B | $32.3B | $30.3B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | $12.5B | $11.2B | $10.3B | $10.4B | $10.6B | $10.4B | $11.5B | $12.6B | $12.6B | $15.5B | $14.3B |
| Gross profit | — | — | — | — | — | — | — | — | — | $13.5B | $13.5B | $13.2B | $13.5B | $14.0B | $14.8B | $14.9B | $15.6B | $15.0B | $16.8B | $16.0B |
| R&D | — | $1.1B | $1.1B | $1.2B | $1.2B | $1.1B | $1.1B | $953M | $764M | $639M | $705M | $712M | $569M | $507M | $520M | $543M | $580M | $588M | $564M | — |
| Other operating expenses | — | — | — | — | — | — | — | — | — | $9.7B | $9.5B | $9.4B | $9.8B | $10.4B | $11.2B | $11.1B | $12.2B | $12.1B | $16.5B | — |
| Operating income | $4.6B | $4.5B | $4.4B | $2.5B | $3.6B | $5.7B | $4.1B | $4.0B | $3.8B | $3.2B | $3.3B | $3.1B | $3.2B | $3.1B | $3.1B | $3.3B | $2.8B | $2.3B | −$263M | $2.9B |
| Non-operating income | $663M | $557M | $646M | −$191M | $2.2B | $3.3B | −$337M | −$1.4B | −$38M | $1.0B | −$596M | −$286M | −$259M | −$260M | −$165M | −$193M | −$461M | −$204M | −$257M | −$319M |
| Pretax income | $5.3B | $5.1B | $5.0B | $2.3B | $5.8B | $8.9B | $3.7B | $2.5B | $3.7B | $4.2B | $2.7B | $2.8B | $2.9B | $2.9B | $3.0B | $3.1B | $2.4B | $2.1B | −$520M | $2.6B |
| Taxes | $765M | $886M | $842M | $290M | $940M | $1.9B | $539M | $300M | $513M | $1.4B | $638M | $800M | $868M | $911M | $987M | $965M | $313M | $384M | $742M | $816M |
| Net income | $4.5B | $4.2B | $4.2B | $2.1B | $4.9B | $7.0B | $3.2B | $2.2B | $3.2B | $2.9B | $2.0B | $2.0B | $2.1B | $2.0B | $2.0B | $2.1B | $2.1B | $1.7B | −$1.3B | $1.8B |
| Diluted EPS | $31.48 | $29.08 | $28.34 | $13.53 | $31.47 | $43.54 | $19.03 | $13.22 | $18.49 | $16.34 | $11.32 | $10.39 | $9.75 | $8.35 | $7.81 | $7.52 | $6.82 | $5.21 | −$3.77 | $5.12 |
| Diluted shares | — | 143.8M | 147.3M | 152.0M | 155.6M | 160.9M | 167.6M | 170.0M | 174.6M | 175.6M | 180.5M | 191.6M | 212.1M | 233.9M | 253.4M | 281.6M | 301.1M | 323.3M | 334.5M | 354.3M |
| Revenue growth | — | +2.2% | +4.4% | +7.3% | +2.6% | −3.1% | +8.7% | +12.4% | +15.7% | +5.3% | +5.0% | −1.9% | −2.8% | −2.2% | −4.5% | −6.2% | +1.8% | −14.4% | +6.5% | — |
| Gross margin | — | — | — | — | — | — | — | — | — | 52.0% | 54.7% | 56.1% | 56.5% | 56.9% | 58.7% | 56.5% | 55.4% | 54.3% | 52.1% | 52.7% |
| Operating margin | 10.7% | 10.8% | 10.6% | 6.5% | 9.8% | 15.8% | 11.0% | 11.7% | 12.6% | 12.4% | 13.3% | 13.1% | 13.3% | 12.7% | 12.4% | 12.4% | 10.0% | 8.2% | −0.8% | 9.6% |
| Net margin | 10.5% | 10.0% | 10.2% | 5.2% | 13.4% | 19.6% | 8.7% | 6.6% | 10.7% | 11.0% | 8.3% | 8.5% | 8.6% | 7.9% | 7.8% | 8.0% | 7.3% | 6.1% | −3.9% | 5.9% |