Northrop Grumman NOC
NYSE NOC
$518.95 -0.11 (-0.02%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Northrop Grumman (NOC) posted Cost of Revenue of $7.2 billion for Q2 2026, up 11.22% on a QoQ basis from $6.4 billion in Q1 2026, and up 9.64% year-over-year from $6.5 billion in Q2 2025.

Analysis

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

Northrop Grumman has reported Cost of Revenue for 18 years, with the latest figure at $7.2 billion in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 9.64% year-over-year to $7.2 billion in Q2 2026; TTM through Jun 2026 was $28.0 billion, a 6.45% 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 was $7.2 billion for Q2 2026 at Northrop Grumman, up from $6.4 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $8.5 billion in Q4 2023, with the low at $5.3 billion in Q2 2022.
  • Average Cost of Revenue over 5 years is $6.4 billion, with a median of $6.4 billion recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue surged 30.36% in 2023, then decreased 16.25% in 2024.
  • Over 5 years, Cost of Revenue stood at $6.5 billion in 2022, then surged by 30.36% to $8.5 billion in 2023, then fell by 16.25% to $7.1 billion in 2024, then climbed by 9.12% to $7.8 billion in 2025, then dropped by 7.76% to $7.2 billion in 2026.
  • The last three Cost of Revenue figures came in at $7.2 billion (Q2 2026), $6.4 billion (Q1 2026), and $7.8 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Lockheed Martin 120.92 Bn 117.12 Bn 2.45 Bn 17.62 Bn
2 General Dynamics 96.29 Bn 91.96 Bn 6.76 Bn 7.34 Bn
3 Motorola Solutions 77.13 Bn 76.43 Bn 1.68 Bn 1.46 Bn
4 Northrop Grumman 73.72 Bn 71.42 Bn 3.72 Bn 7.16 Bn
5 L3Harris Technologies 45.72 Bn 45.17 Bn 1.50 Bn 4.38 Bn
6 Elbit Systems 33.81 Bn 32.85 Bn 579.01 Mn 1.71 Bn
7 Teledyne Technologies 27.98 Bn 27.64 Bn 738.10 Mn 924.40 Mn
8 Curtiss Wright 20.63 Bn 20.15 Bn 364.09 Mn 559.92 Mn
9 Leidos Holdings 16.17 Bn 15.47 Bn 817.00 Mn 3.74 Bn
10 Caci International 13.72 Bn 13.53 Bn 913.55 Mn 1.80 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.16 Bn
Mar 31, 2026 6.43 Bn
Dec 31, 2025 7.76 Bn
Sep 30, 2025 6.63 Bn
Jun 30, 2025 6.53 Bn
Mar 31, 2025 6.37 Bn
Dec 31, 2024 7.11 Bn
Sep 30, 2024 6.28 Bn
Jun 30, 2024 6.39 Bn
Mar 31, 2024 6.41 Bn
Dec 31, 2023 8.49 Bn
Sep 30, 2023 6.14 Bn
Jun 30, 2023 5.88 Bn
Mar 31, 2023 5.73 Bn
Dec 31, 2022 6.51 Bn
Sep 30, 2022 5.59 Bn
Jun 30, 2022 5.28 Bn
Mar 31, 2022 5.38 Bn
Dec 31, 2021 5.65 Bn
Sep 30, 2021 5.35 Bn