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
DateValue
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