Northrop Grumman Corporation (NOC) — Financial statements
Income statement, balance sheet, and cash flow for Northrop Grumman Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 41,954↑2.2% | 41,033↑4.4% | 39,290↑7.3% | 36,602↑2.6% | 35,667 | |
| Cost of Revenue | 33,641↑3.0% | 32,671↓0.2% | 32,739↑12.4% | 29,128↑2.6% | 28,399 | |
| Gross Profit | 8,313↓0.6% | 8,362↑27.6% | 6,551↓12.3% | 7,474↑2.8% | 7,268 | |
| Operating Expenses | ||||||
| R&D Expenses | 1,100↑0.0% | 1,100↓8.3% | 1,200↑0.0% | 1,200↑9.1% | 1,100 | |
| General & Administrative Expenses | 4,033↑1.0% | 3,992↓0.5% | 4,014↑3.6% | 3,873↑7.7% | 3,597 | |
| Selling & Marketing Expenses | 0.00↑100.0% | -1,099↓917.6% | -108↑96.1% | -2,737↑18.8% | -3,370 | |
| SG&A Expenses | 4,033↑39.4% | 2,893↓25.9% | 3,906↑243.8% | 1,136↑400.4% | 227 | |
| Other Expenses | -1,100↓109900.0% | -1↑99.9% | -1,092↓171.0% | 1,537↑430.0% | 290 | |
| Operating Expenses | 4,033↑1.0% | 3,992↓0.5% | 4,014↑3.6% | 3,873↑139.5% | 1,617 | |
| Total Costs & Expenses | 37,674↑2.8% | 36,663↓0.2% | 36,753↑11.4% | 33,001↑9.9% | 30,016 | |
| Operating Results | ||||||
| Operating Income | 4,280↓2.1% | 4,370↑72.3% | 2,537↓29.5% | 3,601↓36.3% | 5,651 | |
| Depreciation & Amortization | 1,472↑7.4% | 1,370↑2.4% | 1,338↓0.3% | 1,342↑8.3% | 1,239 | |
| EBITDA | 7,205↑5.4% | 6,839↑61.7% | 4,229↓45.0% | 7,684↓12.0% | 8,734 | |
| EBIT | 5,733↑4.8% | 5,469↑89.2% | 2,891↓54.4% | 6,342↓15.4% | 7,495 | |
| Interest & Other Income | ||||||
| Net Interest Income | -665↓7.1% | -621↓13.9% | -545↓7.7% | -506↑9.0% | -556 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 665↑7.1% | 621↑13.9% | 545↑7.7% | 506↓9.0% | 556 | |
| Non-Operating Income | -1,453↓32.2% | -1,099↓210.5% | -354↑87.1% | -2,741↓48.6% | -1,844 | |
| Other Income / Expenses | 788↑22.0% | 646↑438.2% | -191↓108.5% | 2,235↓32.0% | 3,287 | |
| Income Before Tax | 5,068↑1.0% | 5,016↑113.8% | 2,346↓59.8% | 5,836↓34.7% | 8,938 | |
| Income Tax Expense | 886↑5.2% | 842↑190.3% | 290↓69.1% | 940↓51.4% | 1,933 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4,182↑0.2% | 4,174↑103.0% | 2,056↓58.0% | 4,896↓30.1% | 7,005 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4,182↑0.2% | 4,174↑103.0% | 2,056↓58.0% | 4,896↓30.1% | 7,005 | |
| Bottom-Line Net Income | 4,182↑0.2% | 4,174↑103.0% | 2,056↓58.0% | 4,896↓30.1% | 7,005 | |
| EPS (Basic) | 29.14↑2.6% | 28.39↑109.2% | 13.57↓57.1% | 31.61↓27.7% | 43.70 | |
| EPS (Diluted) | 29.08↑2.6% | 28.34↑109.5% | 13.53↓57.0% | 31.47↓27.7% | 43.54 | |
| Weighted Average Shares | 144↓2.4% | 147↓3.0% | 152↓2.2% | 155↓3.4% | 160 | |
| Weighted Average Diluted Shares | 144↓2.4% | 147↓3.1% | 152↓2.3% | 156↓3.3% | 161 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.