Northrop Grumman (NOC) Change in Inventory (2009 - 2026)
Northrop Grumman's (NOC) quarterly Change in Inventory came in at -$26.0 million in Q2 2026, down 13.04% year-on-year from -$29.9 million in Q2 2025, and down 118.06% quarter-over-quarter from $144.0 million in Q1 2026.
Northrop Grumman (NOC) Change in Inventory (2009 - 2026) Analysis & Trends
Northrop Grumman's Change in Inventory history runs 15 years deep, the most recent figure standing at -$26.0 million for Q2 2026.
- On a quarterly basis, Change in Inventory fell 13.04% year-over-year to -$26.0 million in Q2 2026; TTM through Jun 2026 was -$81.0 million, a 230.65% decrease from a year earlier, with the FY2025 full-year figure at -$97.0 million, down 127.09% from the prior year.
- Change in Inventory fell to -$26.0 million in Q2 2026 per NOC's latest filing, from $144.0 million in the prior quarter.
- Across five years, Change in Inventory topped out at $262.0 million in Q1 2024 and bottomed at -$276.0 million in Q4 2025.
- The 5-year median for Change in Inventory is $72.0 million (2022), against an average of $44.7 million.
- Across the five-year window, Change in Inventory soared 2266.67% in 2022 and slumped 617.65% in 2023, its largest moves.
- Year by year, Change in Inventory stood at $34.0 million in 2022, then slumped by 617.65% to -$176.0 million in 2023, then slipped by 4.55% to -$184.0 million in 2024, then sank by 50.0% to -$276.0 million in 2025, then jumped by 90.58% to -$26.0 million in 2026.
- Per Business Quant, the three latest NOC Change in Inventory figures stand at -$26.0 million (Q2 2026), $144.0 million (Q1 2026), and -$276.0 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 374.10 Bn | 364.75 Bn | -3.10 Bn | 109.00 Mn |
| 2 | Rtx | 290.22 Bn | 281.92 Bn | 9.91 Bn | 330.00 Mn |
| 3 | Boeing | 168.50 Bn | 148.47 Bn | 2.41 Bn | 1.23 Bn |
| 4 | Lockheed Martin | 133.34 Bn | 129.55 Bn | 2.45 Bn | 160.00 Mn |
| 5 | Howmet Aerospace | 113.40 Bn | 110.96 Bn | 854.00 Mn | 110.00 Mn |
| 6 | General Dynamics | 103.29 Bn | 98.96 Bn | 6.76 Bn | -80.00 Mn |
| 7 | Northrop Grumman | 76.60 Bn | 74.29 Bn | 3.72 Bn | -26.00 Mn |
| 8 | TransDigm | 73.05 Bn | 69.17 Bn | 1.51 Bn | 49.00 Mn |
| 9 | L3Harris Technologies | 51.78 Bn | 51.19 Bn | 1.40 Bn | 17.00 Mn |
| 10 | Heico | 49.68 Bn | 49.47 Bn | 569.53 Mn | 23.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -26.00 Mn |
| Jun 30, 2026 | -26.00 Mn |
| Mar 31, 2026 | 144.00 Mn |
| Mar 31, 2026 | 144.00 Mn |
| Dec 31, 2025 | -276.00 Mn |
| Dec 31, 2025 | -276.00 Mn |
| Sep 30, 2025 | 77.00 Mn |
| Sep 30, 2025 | 77.00 Mn |
| Jun 30, 2025 | -23.00 Mn |
| Jun 30, 2025 | -23.00 Mn |
| Mar 31, 2025 | 125.00 Mn |
| Mar 31, 2025 | 125.00 Mn |
| Dec 31, 2024 | -184.00 Mn |
| Dec 31, 2024 | -184.00 Mn |
| Sep 30, 2024 | 144.00 Mn |
| Sep 30, 2024 | 144.00 Mn |
| Jun 30, 2024 | 136.00 Mn |
| Jun 30, 2024 | 136.00 Mn |
| Mar 31, 2024 | 262.00 Mn |
| Mar 31, 2024 | 262.00 Mn |