Company Analysis

Northrop Grumman Corp. (NOC)

NYSE: NOC · Search, Detection, Navigation, Guidance, Aeronautical Sys · Falls Church, VA · filing with the SEC since 2001
Grade5.9
◀ Past 7.6● Present 6.4▶ Future 3.7

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedJan 27, 2026Jan 30, 2025Jan 25, 2024Jan 26, 2023Jan 27, 2022Jan 28, 2021Jan 30, 2020Jan 31, 2019Jan 29, 2018Jan 30, 2017
Revenue41,95441,03339,29036,60235,66736,79933,84130,09526,00424,706
Cost of revenue········12,27111,002
Research and development1,1001,1001,2001,2001,1001,100953764639705
General and administrative4,0333,9924,0143,8733,5973,4133,2903,0112,712r2,632r
Total operating expenses37,67436,66336,75333,00131,99632,73429,872···
Operating income4,5114,3702,5373,6015,6514,0653,9693,7803,218r3,277r
Other income (expense), net15416824641992107130136r44r
Income before income taxes5,0685,0162,3465,8368,9383,7282,5483,7424,229r2,681r
Income tax expense8868422909401,9335393005131,360r638r
Net income4,1824,1742,0564,8967,0053,1892,2483,2292,869r2,043r
Earnings per share, basic29.1428.3913.5731.6143.7019.0813.2818.5916.45r11.42r
Earnings per share, diluted29.0828.3413.5331.4743.5419.0313.2218.4916.34r11.32r
Weighted average shares, basic143.5147.0151.5154.9160.3167.1169.3173.7174.4178.9
Weighted average shares, diluted143.8147.3152.0155.6160.9167.6170.0174.6175.6180.5
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsSold
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton NOC · research, not advice