Export financials
Northrop Grumman Corporation (NOC)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
CSV downloads as a ZIP archive with one file for each report and frequency.

Northrop Grumman Corporation Income Statement 2025-2006 | NOC
Brief overview of income trends at Northrop Grumman Corporation
The overview follows changes across a five-year period. According to figures from Northrop Grumman Corporation, revenue changed from $36.8 billion to $42 billion over five years. The total change was +14%, with a CAGR of approximately 2.7%. The scale of the core business was largely unchanged.
The operating result measured by EBITDA moved from 5.3 billion dollars to 6 billion dollars, or +12.2%. The operating result changed at a rate similar to sales. At the operating-margin level, the figure shifted from 14.5% to 14.3%. EBITDA as a share of revenue remained steady.
Over the period, net income shifted from 3.2 billion dollars to 4.2 billion dollars (+31.1%). The final result improved faster than the scale of the business.
Over the period, capitalization shifted from $47.7 billion to $97.5 billion (+104.5%). A large part of future progress may already be reflected in the valuation.
What the figures show
The results present an uneven picture without one dominant signal. The positive side is supported by stable operating profitability and improving net profitability. The overall view is constrained by weak sales momentum. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Northrop Grumman Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
97.5 B | 69.9 B | 65.8 B | 71.1 B | 70.6 B | 47.7 B | 65.2 B | 48.8 B | 59.2 B | 41.1 B | 35.1 B | 32.8 B | 26 B | 16.5 B | 16.1 B | 16 B | 14 B | 22.5 B | 23.5 B | - |
Shares |
144 M | 147 M | 152 M | 155 M | 160 M | 167 M | 169 M | 174 M | 174 M | 179 M | 189 M | 209 M | 230 M | 249 M | 277 M | 297 M | 319 M | 334 M | 342 M | - |
Historical Prices |
680 | 476 | 434 | 459 | 440 | 285 | 316 | 275 | 325 | 226 | 174 | 147 | 105 | 55.5 | 48.8 | 53.8 | 43.9 | 67.2 | 68.8 | 58.5 |
Net Income |
4.18 B | 4.17 B | 2.06 B | 4.9 B | 7 B | 3.19 B | 2.25 B | 3.23 B | 2.02 B | 2.2 B | 1.99 B | 2.07 B | 1.95 B | 1.98 B | 2.12 B | 2.05 B | 1.69 B | -1.26 B | 1.79 B | - |
Revenue |
42 B | 41 B | 39.3 B | 36.6 B | 35.7 B | 36.8 B | 33.8 B | 30.1 B | 25.8 B | 24.5 B | 23.5 B | 24 B | 24.7 B | 25.2 B | 26.4 B | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | 7.26 B | 6.79 B | 5.95 B | 5.78 B | 5.64 B | 5.6 B | 5.38 B | 5.58 B | 5.63 B | - | - | - | - | - |
Operating Income |
4.51 B | 4.37 B | 2.54 B | 3.6 B | 5.65 B | 4.06 B | 3.97 B | 3.78 B | 3.22 B | 3.28 B | 3.08 B | 3.2 B | 3.12 B | 3.13 B | 3.28 B | 2.83 B | 2.27 B | 2.08 B | 2.92 B | - |
Interest Expense |
154 M | 168 M | 246 M | 4 M | 19 M | 92 M | 107 M | 130 M | 136 M | 44 M | 15 M | 23 M | -3 M | 47 M | 28 M | 37 M | 65 M | 36 M | 17 M | - |
EBITDA |
5.98 B | 5.74 B | 3.88 B | 4.94 B | 6.89 B | 5.33 B | 4.99 B | 4.58 B | 3.77 B | 3.65 B | 3.54 B | 3.66 B | 3.62 B | 3.64 B | 3.82 B | 3.38 B | 2.82 B | 2.49 B | 3.5 B | - |
Operating Expenses |
37.7 B | 36.7 B | 36.8 B | 33 B | 32 B | 32.7 B | 3.29 B | 3.01 B | 2.66 B | 2.58 B | 2.57 B | 2.4 B | 2.26 B | 2.45 B | 2.35 B | - | - | - | - | - |
General and Administrative Expenses |
4.03 B | 3.99 B | 4.01 B | 3.87 B | 3.6 B | 3.41 B | 3.29 B | 3.01 B | 2.66 B | 2.58 B | 2.57 B | 2.4 B | 2.26 B | 2.45 B | 2.35 B | 2.47 B | 2.57 B | 2.58 B | 3.06 B | - |
Annual performance
Select metrics to display
All numbers in USD currency
Quarterly Income Statement Northrop Grumman Corporation
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 | 2010-Q3 | 2010-Q2 | 2010-Q1 | 2009-Q4 | 2009-Q3 | 2009-Q2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
143 M | 142 M | 142 M | 142 M | 143 M | 144 M | 145 M | 145 M | 146 M | 148 M | 149 M | 150 M | 151 M | 152 M | 153 M | 153 M | 155 M | 155 M | 156 M | 156 M | 160 M | 161 M | 163 M | 167 M | 167 M | 167 M | 168 M | 168 M | 169 M | 170 M | 170 M | 172 M | 174 M | 174 M | 174 M | 174 M | 174 M | 174 M | 175 M | 176 M | 178 M | 180 M | 181 M | 182 M | 186 M | 192 M | 198 M | 201 M | 206 M | 212 M | 216 M | 220 M | 228 M | 234 M | 236 M | 243 M | 247 M | 251 M | 253 M | 258 M | 275 M | 283 M | 292 M | - | 294 M | 300 M | 302 M | - | 317 M | 322 M |
Net Income |
1.1 B | 1.09 B | 875 M | - | 1.1 B | 1.17 B | 481 M | - | 1.03 B | 940 M | 944 M | - | 937 M | 812 M | 842 M | - | 915 M | 946 M | 955 M | - | 1.06 B | 1.04 B | 2.2 B | 330 M | 986 M | 1 B | 868 M | -409 M | 933 M | 861 M | 863 M | 356 M | 1.24 B | 789 M | 840 M | 672 M | 750 M | 677 M | 770 M | 525 M | 602 M | 517 M | 556 M | 459 M | 516 M | 531 M | 484 M | 506 M | 473 M | 511 M | 579 M | 478 M | 497 M | 488 M | 489 M | 533 M | 459 M | 480 M | 506 M | 548 M | 520 M | 520 M | 530 M | 389 M | 497 M | 711 M | 469 M | - | 490 M | 394 M |
Revenue |
10.4 B | 10.9 B | 9.88 B | - | 10.4 B | 10.4 B | 9.47 B | - | 10 B | 10.2 B | 10.1 B | - | 9.78 B | 9.58 B | 9.3 B | - | 8.97 B | 8.8 B | 8.8 B | - | 8.72 B | 9.15 B | 9.16 B | 10.2 B | 9.08 B | 8.88 B | 8.62 B | 8.72 B | 8.48 B | 8.46 B | 8.19 B | 8.16 B | 8.08 B | 7.12 B | 6.74 B | 6.63 B | 6.53 B | 6.47 B | 6.41 B | 6.4 B | 6.16 B | 6 B | 5.96 B | 5.69 B | 5.98 B | 5.9 B | 5.96 B | 6.11 B | 5.98 B | 6.04 B | 5.85 B | 6.16 B | 6.11 B | 6.29 B | 6.1 B | 6.48 B | 6.27 B | 6.27 B | 6.2 B | 6.51 B | 6.61 B | 6.56 B | 6.73 B | - | - | - | - | - | - | - |
Operating Income |
1.24 B | 1.1 B | 989 M | - | 1.24 B | 1.42 B | 573 M | - | 1.12 B | 1.09 B | 1.07 B | - | 1.02 B | 967 M | 947 M | - | 844 M | 954 M | 897 M | - | 1.04 B | 1.04 B | 2.82 B | 1.15 B | 985 M | 994 M | 934 M | 1.14 B | 951 M | 946 M | 936 M | 943 M | 1.17 B | 817 M | 848 M | 672 M | 829 M | 864 M | 853 M | 831 M | 826 M | 797 M | 739 M | 689 M | 794 M | 813 M | 780 M | 762 M | 769 M | 820 M | 845 M | 768 M | 790 M | 806 M | 759 M | 824 M | 736 M | 774 M | 796 M | 799 M | 825 M | 841 M | 811 M | 619 M | 801 M | 716 M | 765 M | - | 655 M | 653 M |
Interest Expense |
106 M | 67 M | 37 M | - | 106 M | 38 M | 31 M | - | 61 M | 43 M | 38 M | - | 111 M | 34 M | 48 M | - | -8 M | -50 M | 4 M | - | -3 M | 27 M | -18 M | - | 34 M | 60 M | -58 M | - | 27 M | 19 M | 36 M | - | 55 M | 45 M | 40 M | - | 16 M | 32 M | 19 M | - | 17 M | 7 M | 13 M | - | 10 M | -2 M | - | - | -6 M | 6 M | 10 M | - | - | -22 M | 6 M | - | 12 M | 5 M | 13 M | - | -13 M | - | 5 M | - | 13 M | -10 M | 7 M | - | 41 M | 13 M |
EBITDA |
1.62 B | 1.46 B | 1.36 B | - | 1.62 B | 1.78 B | 910 M | - | 1.45 B | 1.42 B | 1.37 B | - | - | - | 1.24 B | - | 1.8 B | 954 M | 1.2 B | - | 1.95 B | 1.04 B | 3.12 B | 1.15 B | 1.91 B | 1.6 B | 1.23 B | 1.14 B | 1.88 B | 1.55 B | 1.24 B | 943 M | 1.71 B | 1.1 B | 970 M | 672 M | 1.15 B | 1.08 B | 957 M | 831 M | 1.15 B | 1.01 B | 842 M | 689 M | 1.12 B | 1.03 B | 879 M | 762 M | 1.09 B | 1.04 B | 954 M | 768 M | 1.14 B | 1.03 B | 869 M | 824 M | 1.11 B | 1.02 B | 916 M | 799 M | 1.16 B | 1.06 B | 914 M | 619 M | 1.24 B | 1 B | 905 M | - | 1.08 B | 933 M |
Operating Expenses |
9.18 B | 9.78 B | 8.89 B | - | 9.18 B | 9.16 B | 8.9 B | - | 8.88 B | 9.13 B | 9.06 B | - | 8.76 B | 8.61 B | 8.35 B | - | 8.13 B | 7.85 B | 7.9 B | - | 7.68 B | 8.11 B | 8.32 B | - | 8.1 B | 7.89 B | 7.69 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
985 M | 1.02 B | 971 M | - | 985 M | 1.02 B | 1.01 B | - | 986 M | 1.1 B | 1.06 B | - | 1.02 B | 1.07 B | 1.04 B | - | 974 M | 1 B | 976 M | - | 891 M | 999 M | 898 M | - | 855 M | 832 M | 788 M | - | 776 M | 784 M | 760 M | - | 817 M | 739 M | 711 M | - | 679 M | 686 M | 698 M | - | 662 M | 620 M | 656 M | - | 663 M | 641 M | 635 M | - | 580 M | 590 M | 542 M | - | 555 M | 582 M | 558 M | - | 572 M | 580 M | 561 M | - | 589 M | 556 M | 568 M | - | 725 M | 770 M | 768 M | - | 768 M | 774 M |
Quarterly performance
Select metrics to display
All numbers in USD currency
The income statement is one of the three key financial reports of a company Northrop Grumman Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.