Northrop Grumman (NOC) Change in Accured Expenses (2009 - 2026)
Northrop Grumman (NOC) posted quarterly Change in Accured Expenses of -$802.0 million for Q1 2026, down 42.45% year-over-year from -$1.4 billion in Q1 2025, and down 286.51% on a QoQ basis from $430.0 million in Q4 2025.
Northrop Grumman (NOC) Change in Accured Expenses (2009 - 2026) Analysis & Trends
Northrop Grumman (NOC) has reported Change in Accured Expenses for 15 consecutive years, with -$802.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Accured Expenses fell 42.45% year-over-year to -$802.0 million; the TTM figure through Mar 2026 stood at -$451.0 million (up 47.37% YoY), while the FY2025 annual figure was -$212.0 million, up 75.77% from the prior year.
- Change in Accured Expenses came in at -$802.0 million for Q1 2026 at Northrop Grumman, down from $430.0 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $844.0 million in Q4 2023, with the low at -$1.1 billion in Q1 2023.
- Average Change in Accured Expenses over 5 years is -$53.9 million, with a median of $8.0 million recorded in 2022.
- The largest YoY upside for Change in Accured Expenses was 975.0% in 2025 against a maximum downside of 5100.0% in 2025.
- Year by year, Change in Accured Expenses stood at $629.0 million in 2022, then surged by 34.18% to $844.0 million in 2023, then slumped by 95.26% to $40.0 million in 2024, then surged by 975.0% to $430.0 million in 2025, then slumped by 286.51% to -$802.0 million in 2026.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered -$802.0 million, $430.0 million, and -$150.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | -1.26 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | -1.16 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | - |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | -100.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 123.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | -802.00 Mn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 1.31 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | -15.00 Mn |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 31.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -802.00 Mn |
| Mar 31, 2026 | -802.00 Mn |
| Dec 31, 2025 | 430.00 Mn |
| Dec 31, 2025 | 430.00 Mn |
| Sep 30, 2025 | -150.00 Mn |
| Sep 30, 2025 | -150.00 Mn |
| Jun 30, 2025 | 71.00 Mn |
| Jun 30, 2025 | 71.00 Mn |
| Mar 31, 2025 | -563.00 Mn |
| Mar 31, 2025 | -563.00 Mn |
| Dec 31, 2024 | 40.00 Mn |
| Dec 31, 2024 | 40.00 Mn |
| Sep 30, 2024 | 3.00 Mn |
| Sep 30, 2024 | 3.00 Mn |
| Jun 30, 2024 | -337.00 Mn |
| Jun 30, 2024 | -337.00 Mn |
| Mar 31, 2024 | -581.00 Mn |
| Mar 31, 2024 | -581.00 Mn |
| Dec 31, 2023 | 844.00 Mn |
| Dec 31, 2023 | 844.00 Mn |