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