)
Visual
test
Northrop Grumman
Northrop Grumman (NOC) investor relations material
Northrop Grumman Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary27 Jan, 2026
Executive summary
Achieved record backlog of $95.7 billion, driven by $46.3 billion in net awards in 2025 and robust global demand.
2025 sales reached $42.0 billion, up 3% organically, with international sales growth of 20%.
Free cash flow for 2025 was $3.3 billion, up 26% year-over-year.
2025 financial results met or exceeded guidance, positioning for sustainable growth.
Portfolio aligned with U.S. and international defense priorities, focusing on rapid fielding and scalable solutions.
Financial highlights
Q4 2025 sales were $11.7 billion, up 10% year-over-year; full-year sales reached $42.0 billion, up 3% organically.
Q4 segment operating income rose 10% to $1.3 billion; segment margin rate at 11.2%.
Q4 adjusted/MTM-adjusted EPS was $7.23, up 13% year-over-year.
2025 diluted EPS was $29.08; MTM-adjusted EPS was $26.34.
Operating cash flow for 2025 was $4.8 billion, up 8% year-over-year.
Outlook and guidance
2026 sales expected between $43.5–$44.0 billion, representing mid-single-digit growth.
2026 segment operating income projected at $4.85–$5.0 billion; operating margin in the low to mid 11% range.
2026 adjusted/MTM-adjusted EPS expected between $27.40–$27.90, up mid-single digits.
Free cash flow guidance for 2026 is $3.1–$3.5 billion; capital expenditures projected at $1.65 billion.
Growth expected to accelerate through 2026, with further upside in 2027 as backlog converts to revenue.
Quantify B-21 loss provision impact on 2025 OM
How did OBBBA affect 2025 effective tax rate?
Why Space Systems 2025 sales down but backlog up?
B-21 acceleration: When will financial impact ramp?
Capital deployment: What drives CapEx increase?
Aeronautics margins: Path to 10% beyond 2026?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights.
Next Northrop Grumman earnings date
Q1 202623 Apr, 2026
Northrop Grumman
Next Northrop Grumman earnings date
Q1 202623 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Northrop Grumman Corporation provides innovative systems, products and solutions in unmanned systems; aerospace systems; C4ISR and logistics and modernization; cyber security; strike, surveillance and mobility; command, control, communications, computers and intelligence solutions, and naval systems to government and commercial customers. It's aerospace products include long-range strike bombers, combat avionics, surveillance aircrafts and related software, training services and other mission support services. The company was founded in 1939 and is based in Falls Church, Virginia.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage