Northrop Grumman (NOC) Change in Taxes (2009 - 2026)
Northrop Grumman (NOC) recorded quarterly Change in Taxes of -$164.0 million in Q1 2026, down 18.84% quarter-over-quarter from -$138.0 million in Q4 2025, and down 382.76% on a YoY basis from $58.0 million in Q1 2025.
Northrop Grumman (NOC) Change in Taxes (2009 - 2026) Analysis & Trends
Northrop Grumman's Change in Taxes history runs 15 years deep, the most recent figure standing at -$164.0 million for Q1 2026.
- In Q1 2026, Change in Taxes fell 382.76% year-over-year to -$164.0 million; the TTM figure through Mar 2026 stood at -$781.0 million (down 179.53% YoY), while the FY2025 annual figure was -$559.0 million, down 148.91% from the prior year.
- Change in Taxes was -$164.0 million for Q1 2026 at Northrop Grumman, down from -$138.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $706.0 million in Q2 2024 to a low of -$698.0 million in Q4 2023.
- Historically, Change in Taxes has averaged -$30.4 million across 5 years, with a median of -$142.0 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Change in Taxes jumped 342.61% in 2024, then sank 472.97% in 2025.
- A 5-year view of Change in Taxes shows it stood at -$223.0 million in 2022, then tumbled by 213.0% to -$698.0 million in 2023, then jumped by 105.3% to $37.0 million in 2024, then tumbled by 472.97% to -$138.0 million in 2025, then decreased by 18.84% to -$164.0 million in 2026.
- The last three Change in Taxes figures came in at -$164.0 million (Q1 2026), -$138.0 million (Q4 2025), and -$276.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | - |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | - |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | - |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | -16.00 Mn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 103.00 Mn |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 26.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | - |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | -164.00 Mn |
| 10 | TransDigm | 74.20 Bn | 70.32 Bn | 1.51 Bn | -99.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -164.00 Mn |
| Mar 31, 2026 | -164.00 Mn |
| Dec 31, 2025 | -138.00 Mn |
| Dec 31, 2025 | -138.00 Mn |
| Sep 30, 2025 | -276.00 Mn |
| Sep 30, 2025 | -276.00 Mn |
| Jun 30, 2025 | -203.00 Mn |
| Jun 30, 2025 | -203.00 Mn |
| Mar 31, 2025 | 58.00 Mn |
| Mar 31, 2025 | 58.00 Mn |
| Dec 31, 2024 | 37.00 Mn |
| Dec 31, 2024 | 37.00 Mn |
| Sep 30, 2024 | 181.00 Mn |
| Sep 30, 2024 | 181.00 Mn |
| Jun 30, 2024 | 706.00 Mn |
| Jun 30, 2024 | 706.00 Mn |
| Mar 31, 2024 | 219.00 Mn |
| Mar 31, 2024 | 219.00 Mn |
| Dec 31, 2023 | -698.00 Mn |
| Dec 31, 2023 | -698.00 Mn |