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

Northrop Grumman (NOC) recorded quarterly Cost of Revenue of $6.4 billion in Q1 2026, up 287.76% quarter-over-quarter from $1.7 billion in Q4 2025, and up 322.67% on a YoY basis from $1.5 billion in Q1 2025.

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 $6.4 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 322.67% year-over-year to $6.4 billion; the TTM figure through Mar 2026 stood at $16.2 billion (up 36.22% YoY), while the FY2025 annual figure was $6.4 billion, down 75.71% from the prior year.
  • Cost of Revenue was $6.4 billion for Q1 2026 at Northrop Grumman, up from $1.7 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $18.1 billion in Q4 2022 to a low of -$11.2 billion in Q4 2023.
  • Historically, Cost of Revenue has averaged $3.4 billion across 5 years, with a median of $1.6 billion in 2024.
  • The sharpest annual moves came in 2023 and 2026: Cost of Revenue sank 162.04% in 2023, then soared 322.67% in 2026.
  • A 5-year view of Cost of Revenue shows it stood at $18.1 billion in 2022, then tumbled by 162.04% to -$11.2 billion in 2023, then surged by 163.33% to $7.1 billion in 2024, then tumbled by 76.66% to $1.7 billion in 2025, then surged by 287.76% to $6.4 billion in 2026.
  • The last three Cost of Revenue figures came in at $6.4 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 DEFSEC Technologies 4,964.60 Bn 4,964.60 Bn 456,459.43 1.09 Mn
2 General Electric 375.02 Bn 364.28 Bn 9.11 Bn 3.28 Bn
3 Rtx 251.10 Bn 246.00 Bn 9.08 Bn 13.00 Bn
4 Boeing 176.15 Bn 155.24 Bn 2.55 Bn 19.67 Bn
5 Lockheed Martin 117.75 Bn 115.86 Bn 2.08 Bn 15.94 Bn
6 Howmet Aerospace 111.79 Bn 109.36 Bn 854.00 Mn 1.46 Bn
7 Embraer 94.69 Bn 92.06 Bn - -
8 General Dynamics 94.57 Bn 90.92 Bn 9.09 Bn 4.40 Bn
9 TransDigm 77.14 Bn 73.27 Bn 1.51 Bn 1.03 Bn
10 Northrop Grumman 74.17 Bn 72.08 Bn 3.45 Bn 6.43 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.43 Bn
Mar 31, 2026 6.43 Bn
Dec 31, 2025 1.66 Bn
Dec 31, 2025 1.66 Bn
Sep 30, 2025 1.57 Bn
Sep 30, 2025 1.57 Bn
Jun 30, 2025 6.53 Bn
Jun 30, 2025 6.53 Bn
Mar 31, 2025 1.52 Bn
Mar 31, 2025 1.52 Bn
Dec 31, 2024 7.11 Bn
Dec 31, 2024 7.11 Bn
Sep 30, 2024 1.61 Bn
Sep 30, 2024 1.61 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
Dec 31, 2023 -11.23 Bn
Dec 31, 2023 -11.23 Bn