Northrop Grumman (NOC) Change in Taxes (2009 - 2026)
Northrop Grumman (NOC) posted Change in Taxes of $126.0 million for Q2 2026, up 176.83% on a QoQ basis from -$164.0 million in Q1 2026, and up 162.07% year-over-year from $48.1 million in Q2 2025.
Analysis
Northrop Grumman (NOC) Change in Taxes (2009 - 2026) Analysis & Trends
Northrop Grumman has reported Change in Taxes for 15 years, with the latest figure at $126.0 million in Q2 2026.
- On a quarterly basis, Change in Taxes rose 162.07% year-over-year to $126.0 million in Q2 2026; TTM through Jun 2026 was -$452.0 million, a 719.18% decrease from a year earlier, with the FY2025 full-year figure at -$559.0 million, down 148.91% from the prior year.
- Change in Taxes was $126.0 million for Q2 2026 at Northrop Grumman, up from -$164.0 million in the prior quarter.
- The five-year high for Change in Taxes was $706.0 million in Q2 2024, with the low at -$698.0 million in Q4 2023.
- Average Change in Taxes over 5 years is -$21.7 million, with a median of -$140.0 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Change in Taxes surged 342.61% in 2024, then plunged 472.97% in 2025.
- Over 5 years, Change in Taxes stood at -$223.0 million in 2022, then slumped by 213.0% to -$698.0 million in 2023, then surged by 105.3% to $37.0 million in 2024, then slumped by 472.97% to -$138.0 million in 2025, then jumped by 191.3% to $126.0 million in 2026.
- The last three Change in Taxes figures came in at $126.0 million (Q2 2026), -$164.0 million (Q1 2026), and -$138.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.70 Bn | 116.91 Bn | 2.45 Bn | -60.00 Mn |
| 2 | General Dynamics | 96.44 Bn | 92.10 Bn | 6.76 Bn | - |
| 3 | Motorola Solutions | 77.62 Bn | 76.91 Bn | 1.68 Bn | - |
| 4 | Northrop Grumman | 73.62 Bn | 71.32 Bn | 3.72 Bn | 126.00 Mn |
| 5 | L3Harris Technologies | 45.79 Bn | 44.27 Bn | 1.50 Bn | 2.00 Mn |
| 6 | Elbit Systems | 33.28 Bn | 32.31 Bn | 579.01 Mn | - |
| 7 | Teledyne Technologies | 27.95 Bn | 27.61 Bn | 738.10 Mn | - |
| 8 | Curtiss Wright | 20.74 Bn | 20.27 Bn | 364.09 Mn | - |
| 9 | Leidos Holdings | 16.26 Bn | 15.51 Bn | 817.00 Mn | 90.00 Mn |
| 10 | Caci International | 13.71 Bn | 13.52 Bn | 913.55 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 126.00 Mn |
| Mar 31, 2026 | -164.00 Mn |
| Dec 31, 2025 | -138.00 Mn |
| Sep 30, 2025 | -276.00 Mn |
| Jun 30, 2025 | -203.00 Mn |
| Mar 31, 2025 | 58.00 Mn |
| Dec 31, 2024 | 37.00 Mn |
| Sep 30, 2024 | 181.00 Mn |
| Jun 30, 2024 | 706.00 Mn |
| Mar 31, 2024 | 219.00 Mn |
| Dec 31, 2023 | -698.00 Mn |
| Sep 30, 2023 | -245.00 Mn |
| Jun 30, 2023 | -291.00 Mn |
| Mar 31, 2023 | 576.00 Mn |
| Dec 31, 2022 | -223.00 Mn |
| Sep 30, 2022 | -142.00 Mn |
| Jun 30, 2022 | -275.00 Mn |
| Mar 31, 2022 | 361.00 Mn |
| Dec 31, 2021 | -448.00 Mn |
| Sep 30, 2021 | -218.00 Mn |