Northrop Grumman (NOC) Change in Inventory (2009 - 2026)
Northrop Grumman (NOC) posted Change in Inventory of -$26.0 million for Q2 2026, down 118.06% on a QoQ basis from $144.0 million in Q1 2026, and down 13.04% year-over-year from -$29.9 million in Q2 2025.
Analysis
Northrop Grumman (NOC) Change in Inventory (2009 - 2026) Analysis & Trends
Northrop Grumman has reported Change in Inventory for 15 years, with the latest figure at -$26.0 million in 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 was -$26.0 million for Q2 2026 at Northrop Grumman, down from $144.0 million in the prior quarter.
- The five-year high for Change in Inventory was $262.0 million in Q1 2024, with the low at -$276.0 million in Q4 2025.
- Average Change in Inventory over 5 years is $44.7 million, with a median of $72.0 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Change in Inventory surged 2266.67% in 2022, then sank 617.65% in 2023.
- Over 5 years, Change in Inventory stood at $34.0 million in 2022, then tumbled by 617.65% to -$176.0 million in 2023, then dropped by 4.55% to -$184.0 million in 2024, then slumped by 50.0% to -$276.0 million in 2025, then surged by 90.58% to -$26.0 million in 2026.
- The last three Change in Inventory figures came in at -$26.0 million (Q2 2026), $144.0 million (Q1 2026), and -$276.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 160.00 Mn |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | -80.00 Mn |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 156.00 Mn |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | -26.00 Mn |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 38.00 Mn |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 4.76 Mn |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 52.80 Mn |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 27.50 Mn |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | - |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -26.00 Mn |
| Mar 31, 2026 | 144.00 Mn |
| Dec 31, 2025 | -276.00 Mn |
| Sep 30, 2025 | 77.00 Mn |
| Jun 30, 2025 | -23.00 Mn |
| Mar 31, 2025 | 125.00 Mn |
| Dec 31, 2024 | -184.00 Mn |
| Sep 30, 2024 | 144.00 Mn |
| Jun 30, 2024 | 136.00 Mn |
| Mar 31, 2024 | 262.00 Mn |
| Dec 31, 2023 | -176.00 Mn |
| Sep 30, 2023 | 65.00 Mn |
| Jun 30, 2023 | 194.00 Mn |
| Mar 31, 2023 | 137.00 Mn |
| Dec 31, 2022 | 34.00 Mn |
| Sep 30, 2022 | 73.00 Mn |
| Jun 30, 2022 | 71.00 Mn |
| Mar 31, 2022 | 27.00 Mn |
| Dec 31, 2021 | -61.00 Mn |
| Sep 30, 2021 | 9.00 Mn |