Northrop Grumman (NOC) Operating Expenses (2009 - 2026)

Northrop Grumman's Operating Expenses history runs 18 years deep, the most recent figure standing at $8.9 billion for Q1 2026.

• In Q1 2026, Operating Expenses changed 0.03% year-over-year to $8.9 billion; the TTM figure through Mar 2026 stood at $37.7 billion (up 3.22% YoY), while the FY2025 annual figure was $37.7 billion, up 2.76% from the prior year.
• Operating Expenses was $8.9 billion for Q1 2026 at Northrop Grumman, down from $10.4 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $11.0 billion in Q4 2023 to a low of $7.8 billion in Q2 2022.
• Historically, Operating Expenses has averaged $9.0 billion across 5 years, with a median of $8.9 billion in 2025.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses rose 20.86% in 2023, then fell 13.0% in 2024.
• A 5-year view of Operating Expenses shows it stood at $9.1 billion in 2022, then grew by 20.86% to $11.0 billion in 2023, then dropped by 13.0% to $9.6 billion in 2024, then rose by 8.79% to $10.4 billion in 2025, then declined by 14.84% to $8.9 billion in 2026.
• The last three Operating Expenses figures came in at $8.9 billion (Q1 2026), $10.4 billion (Q4 2025), and $9.2 billion (Q3 2025), per Business Quant data.