Northrop Grumman (NOC) Cost of Revenue (2009 - 2026)
Northrop Grumman (NOC) posted quarterly Cost of Revenue of $7.2 billion for Q2 2026, up 343.03% year-over-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.
- In Q2 2026, Cost of Revenue rose 343.03% year-over-year to $7.2 billion; the TTM figure through Jun 2026 stood at $37.7 billion (up 22.63% YoY), while the FY2025 annual figure was $27.3 billion, up 4.17% from the prior year.
- Cost of Revenue for Q2 2026 stood at $7.2 billion, up from $6.4 billion in the prior quarter.
- The five-year high for Cost of Revenue was $22.6 billion in Q4 2025, with the low 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.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue sank 785.84% in 2022, then jumped 1182.28% in 2024.
- Northrop Grumman's Cost of Revenue stood at -$9.9 billion in 2022, then soared by 116.85% to $1.7 billion in 2023, then surged by 1182.28% to $21.4 billion in 2024, then climbed by 5.75% to $22.6 billion in 2025, then slumped by 68.31% to $7.2 billion in 2026.
- Business Quant data shows NOC's Cost of Revenue at $7.2 billion in Q2 2026, $6.4 billion in Q1 2026, and $22.6 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 6.40 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 14.80 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 22.15 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 17.62 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 1.60 Bn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 7.34 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 7.16 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 1.11 Bn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 357.94 Mn |
| 10 | L3Harris Technologies | 49.64 Bn | 48.12 Bn | 1.50 Bn | 4.38 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 |