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