Northrop Grumman revenue and financials
$483.11Change from previous close: +1.47%Absolute change: +$7.00
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%.
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.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,280 | -1,656 | 3,897 | 1,557 | 868 | -1,565 | 2,578 | 1,091 | 1,425 | -706 | 2,430 | 1,228 |
| Depreciation and amortization | 367 | 372 | 406 | 379 | 350 | 337 | 414 | 331 | 326 | 299 | 400 | 317 |
| Capital expenditure | -302 | -167 | -662 | -301 | -231 | -256 | -816 | -361 | -320 | -270 | -803 | -359 |
| Investing cash flow | -196 | -168 | -664 | -300 | 61.0 | -252 | -798 | -361 | -321 | -269 | -770 | -200 |
| Financing cash flow | -867 | -489 | -787 | -1,199 | -715 | -851 | -753 | -676 | -893 | 927 | -633 | -2,330 |
| Dividends paid | -351 | -333 | -329 | -330 | -332 | -302 | -299 | -301 | -303 | -283 | -282 | -280 |
| Share repurchases | -1.0 | -125 | -457 | -277 | -411 | -518 | -442 | -321 | -564 | -1,245 | -347 | -224 |
| Debt issued | -498 | 498 | 0.0 | -566 | 90.0 | 1,474 | — | — | — | 2,495 | — | -768 |
| Debt repaid | 0.0 | -527 | 0.0 | 0.0 | 0.0 | -1,500 | — | — | — | — | — | -1,050 |
| Net change in cash | 217 | -2,313 | 2,446 | 58.0 | 214 | -2,668 | 1,027 | 54.0 | 211 | -48.0 | 1,027 | -1,302 |
| Free cash flow | 978 | -1,823 | 3,235 | 1,256 | 637 | -1,821 | 1,762 | 730 | 1,105 | -976 | 1,627 | 869 |
| Levered free cash flow | 1,169 | -2,404 | 2,995 | 665 | 772 | -1,576 | 2,375 | 857 | 1,203 | -428 | 916 | 564 |