Northrop Grumman Corp. (NOC) Financials
Key financial figures for Northrop Grumman Corp. (Q3 2026).
Northrop Grumman's Q3 2026 sales rose 7% to $11.1 billion and backlog hit a record $109.6 billion on a 1.5x book-to-bill, and the company raised 2026 segment operating income and MTM-adjusted EPS guidance. Sales were $11,122 million, up 7% from $10,423 million a year earlier, with all four segments higher (Aeronautics Systems +14%, Defense Systems +12%, Mission Systems +2%, Space Systems +2%). Diluted EPS was $7.89 versus $7.67 a year earlier (+3%); total operating income was $1,269 million (+2%) with an 11.4% operating margin rate versus 11.9%, as the FAS/CAS operating adjustment fell to $15 million from $67 million. On the outlook: 2026 guidance as of 10/20/2026: sales $43,750-$44,250 million (unchanged); segment operating income $4,940-$5,040 million (prior $4,850-$5,000 million); MTM-adjusted EPS $29.35-$29.75 (prior $28.60-$29.10); adjusted free cash flow $3,100-$3,500 million (unchanged). Figures are for Q3 2026, as Northrop Grumman Corporation reported them.
- Revenue
- $11.1B
- Net Income
- $1.1B
- EPS
- $7.91
- Total Assets
- $52.5B
- Operating Cash Flow
- $1.7B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $11.1B | $1.1B | $7.89 | 11.41% | $1.4B |
| Q2 FY2026 | $10.9B | $1.1B | $7.68 | 10.08% | $978M |
| Q1 FY2026 | $9.9B | $875M | $6.14 | 10.01% | -$1.8B |
| Q4 FY2025 | $11.7B | $1.4B | $9.99 | 8.88% | $3.2B |
| Q3 FY2025 | $10.4B | $1.1B | $7.67 | 11.92% | $1.3B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $42.0B | $4.2B | $29.08 | 10.2% | $3.3B |
| FY2024 | $41.0B | $4.2B | $28.34 | 10.65% | $2.6B |
| FY2023 | $39.3B | $2.1B | $13.53 | 6.46% | $2.1B |
Frequently asked questions
What was Northrop Grumman Corporation's revenue last quarter?
Northrop Grumman Corporation reported revenue of $11.12 billion for Q3 FY2026, up 6.7% from the same period a year earlier.
Is Northrop Grumman Corporation profitable?
Yes. Northrop Grumman Corporation reported net income of $1.12 billion for Q3 FY2026, a net margin of 10.11% on revenue.
How has Northrop Grumman Corporation's margin trended?
Operating margin was 11.41% in Q3 FY2026, compared with 11.92% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Northrop Grumman Corporation generate?
Northrop Grumman Corporation generated free cash flow of $1.44 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Northrop Grumman Corp. on SentiSense, with up to forty quarters and twenty fiscal years of history.