Northrop Grumman (NOC) Deferred Taxes (2009 - 2026)

Northrop Grumman's (NOC) quarterly Deferred Taxes came in at $145.0 million in Q2 2026, up 281.25% year-on-year from $38.0 million in Q2 2025, and down 52.92% quarter-over-quarter from $308.0 million in Q1 2026.

Northrop Grumman (NOC) Deferred Taxes (2009 - 2026) Analysis & Trends

Northrop Grumman's Deferred Taxes history runs 15 years deep, the most recent figure standing at $145.0 million for Q2 2026.

  • On a quarterly basis, Deferred Taxes rose 281.25% year-over-year to $145.0 million in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 339.27% increase from a year earlier, with the FY2025 full-year figure at $548.0 million, up 194.16% from the prior year.
  • Deferred Taxes eased to $145.0 million in Q2 2026 per NOC's latest filing, from $308.0 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $458.0 million in Q3 2025 and bottomed at -$690.0 million in Q4 2023.
  • The 5-year median for Deferred Taxes is -$91.5 million (2024), against an average of -$49.4 million.
  • Across the five-year window, Deferred Taxes tumbled 20200.0% in 2022 and jumped 1005.88% in 2026, its largest moves.
  • Year by year, Deferred Taxes stood at $117.0 million in 2022, then plunged by 689.74% to -$690.0 million in 2023, then jumped by 71.74% to -$195.0 million in 2024, then soared by 204.62% to $204.0 million in 2025, then slipped by 28.92% to $145.0 million in 2026.
  • Per Business Quant, the three latest NOC Deferred Taxes figures stand at $145.0 million (Q2 2026), $308.0 million (Q1 2026), and $204.0 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 General Electric 369.74 Bn 360.40 Bn -3.10 Bn -
2 Rtx 286.79 Bn 278.48 Bn 9.91 Bn -56.00 Mn
3 Boeing 168.91 Bn 148.89 Bn 2.41 Bn -
4 Lockheed Martin 132.03 Bn 128.24 Bn 2.45 Bn 377.00 Mn
5 Howmet Aerospace 111.81 Bn 109.37 Bn 854.00 Mn 15.00 Mn
6 General Dynamics 101.89 Bn 97.56 Bn 6.76 Bn 79.00 Mn
7 Northrop Grumman 75.58 Bn 73.27 Bn 3.72 Bn 145.00 Mn
8 TransDigm 72.49 Bn 68.61 Bn 1.51 Bn -
9 L3Harris Technologies 50.52 Bn 49.93 Bn 1.40 Bn -119.00 Mn
10 Heico 49.29 Bn 49.08 Bn 569.53 Mn 4.32 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 145.00 Mn
Mar 31, 2026 308.00 Mn
Dec 31, 2025 204.00 Mn
Sep 30, 2025 458.00 Mn
Jun 30, 2025 -80.00 Mn
Mar 31, 2025 -34.00 Mn
Dec 31, 2024 -195.00 Mn
Sep 30, 2024 -157.00 Mn
Jun 30, 2024 -127.00 Mn
Mar 31, 2024 -103.00 Mn
Dec 31, 2023 -690.00 Mn
Sep 30, 2023 125.00 Mn
Jun 30, 2023 -218.00 Mn
Mar 31, 2023 -205.00 Mn
Dec 31, 2022 117.00 Mn
Sep 30, 2022 -39.00 Mn
Jun 30, 2022 -198.00 Mn
Mar 31, 2022 -201.00 Mn
Dec 31, 2021 708.00 Mn
Sep 30, 2021 16.00 Mn