Northrop Grumman revenue and financials

NOC · NYSE · USD

$477.24−0.16%−$0.76

Close · October 5, 2026

In the fiscal year ended December 2025, Northrop Grumman reported revenue of $41.95B (+2.24% year over year). Net income was $4.18B, a net margin of 10.0%.

Annual revenue · 2025: $41.95B

$24.71B2016
$26B2017
$30.1B2018
$33.84B2019
$36.8B2020
$35.67B2021
$36.6B2022
$39.29B2023
$41.03B2024
$41.95B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +2.24%; 2025 vs 2024
Net income growth: +0.19%; 2025 vs 2024
Net margin: 10.0%; 2024: 10.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total revenue	41,954	41,033	39,290	36,602	35,667	36,799	33,841	30,095	26,004	24,706
Cost of revenue	33,641	32,671	32,739	29,128	28,399	—	—	—	12,271	11,002
Gross profit	8,313	8,362	6,551	7,474	7,268	—	—	—	—	—
Selling, general and administrative	2,965	2,893	3,906	1,136	-227	—	—	—	—	—
Research and development	1,100	1,100	1,200	1,200	1,100	1,100	953	764	639	705
Operating income	4,511	4,370	2,537	3,601	5,651	4,065	3,969	3,780	3,218	3,277
EBIT	5,348	5,469	2,645	6,338	7,495	—	—	—	—	—
EBITDA	6,820	6,839	3,983	7,680	8,734	—	—	—	—	—
Interest expense	665	621	545	506	556	—	—	—	—	—
Pre-tax income	5,068	5,016	2,346	5,836	8,938	—	—	—	—	—
Income tax	886	842	290	940	1,933	539	300	513	1,360	638
Net income	4,182	4,174	2,056	4,896	7,005	3,189	2,248	3,229	2,869	2,043
Net income to common shareholders	4,182	4,174	2,056	4,896	7,005	—	—	—	—	—
Basic EPS	29.14	28.39	13.57	31.61	43.70	19.08	13.28	18.59	16.45	11.42
Diluted EPS	29.08	28.34	13.53	31.47	43.54	19.03	13.22	18.49	16.34	11.32
Average shares (basic)	144	147	152	155	160	—	—	—	—	—
Average shares (diluted)	144	147	152	156	161	168	170	175	176	181
Dividend per share	8.99	8.05	7.34	6.76	6.16	—	—	—	—	—