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| Date | Value |
|---|---|
| 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 |