Northrop Grumman (NOC) Cost of Revenue (2009 - 2026)

Northrop Grumman's (NOC) quarterly Cost of Revenue came in at $7.2 billion in Q2 2026, up 343.03% year-on-year from $1.6 billion in Q2 2025, and up 11.22% quarter-over-quarter from $6.4 billion in Q1 2026.

Northrop Grumman (NOC) Cost of Revenue (2009 - 2026) Analysis & Trends

Northrop Grumman's Cost of Revenue history runs 18 years deep, the most recent figure standing at $7.2 billion for Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 343.03% year-over-year to $7.2 billion in Q2 2026; TTM through Jun 2026 was $37.7 billion, a 22.63% increase from a year earlier, with the FY2025 full-year figure at $27.3 billion, up 4.17% from the prior year.
  • Cost of Revenue climbed to $7.2 billion in Q2 2026 per NOC's latest filing, from $6.4 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $22.6 billion in Q4 2025 and bottomed at -$9.9 billion in Q4 2022.
  • The 5-year median for Cost of Revenue is $1.6 billion (2023), against an average of $4.5 billion.
  • Across the five-year window, Cost of Revenue slumped 785.84% in 2022 and jumped 1182.28% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at -$9.9 billion in 2022, then jumped by 116.85% to $1.7 billion in 2023, then soared by 1182.28% to $21.4 billion in 2024, then grew by 5.75% to $22.6 billion in 2025, then sank by 68.31% to $7.2 billion in 2026.
  • Per Business Quant, the three latest NOC Cost of Revenue figures stand at $7.2 billion (Q2 2026), $6.4 billion (Q1 2026), and $22.6 billion (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 General Electric 376.16 Bn 366.81 Bn -3.10 Bn 3.82 Bn
2 Rtx 295.37 Bn 287.07 Bn 9.91 Bn 14.80 Bn
3 Boeing 168.08 Bn 147.17 Bn 2.55 Bn 19.67 Bn
4 Lockheed Martin 133.66 Bn 129.87 Bn 2.45 Bn 17.62 Bn
5 Howmet Aerospace 115.39 Bn 112.96 Bn 854.00 Mn 1.46 Bn
6 General Dynamics 105.18 Bn 101.48 Bn 9.09 Bn 4.40 Bn
7 Northrop Grumman 77.71 Bn 75.40 Bn 3.72 Bn 7.16 Bn
8 TransDigm 75.07 Bn 71.19 Bn 1.51 Bn 1.03 Bn
9 L3Harris Technologies 56.70 Bn 56.11 Bn 1.40 Bn 4.34 Bn
10 Embraer 50.07 Bn 48.11 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 7.16 Bn
Jun 30, 2026 7.16 Bn
Mar 31, 2026 6.43 Bn
Mar 31, 2026 6.43 Bn
Dec 31, 2025 22.58 Bn
Dec 31, 2025 22.58 Bn
Sep 30, 2025 1.57 Bn
Sep 30, 2025 1.57 Bn
Jun 30, 2025 1.62 Bn
Jun 30, 2025 1.62 Bn
Mar 31, 2025 1.52 Bn
Mar 31, 2025 1.52 Bn
Dec 31, 2024 21.35 Bn
Dec 31, 2024 21.35 Bn
Sep 30, 2024 6.28 Bn
Sep 30, 2024 6.28 Bn
Jun 30, 2024 1.64 Bn
Jun 30, 2024 1.64 Bn
Mar 31, 2024 1.59 Bn
Mar 31, 2024 1.59 Bn