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Northrop Grumman (NOC) Operating Expenses (2016 - 2025)

Northrop Grumman has reported Operating Expenses over the past 17 years, most recently at $10.4 billion for Q4 2025.

  • Quarterly results put Operating Expenses at $10.4 billion for Q4 2025, up 8.79% from a year ago — trailing twelve months through Dec 2025 was $37.7 billion (up 2.76% YoY), and the annual figure for FY2025 was $37.7 billion, up 2.76%.
  • Operating Expenses for Q4 2025 was $10.4 billion at Northrop Grumman, up from $9.2 billion in the prior quarter.
  • Over the last five years, Operating Expenses for NOC hit a ceiling of $11.0 billion in Q4 2023 and a floor of $7.7 billion in Q3 2021.
  • Median Operating Expenses over the past 5 years was $8.8 billion (2023), compared with a mean of $8.8 billion.
  • Biggest five-year swings in Operating Expenses: increased 20.86% in 2023 and later decreased 13.0% in 2024.
  • Northrop Grumman's Operating Expenses stood at $7.9 billion in 2021, then increased by 15.58% to $9.1 billion in 2022, then increased by 20.86% to $11.0 billion in 2023, then decreased by 13.0% to $9.6 billion in 2024, then grew by 8.79% to $10.4 billion in 2025.
  • The last three reported values for Operating Expenses were $10.4 billion (Q4 2025), $9.2 billion (Q3 2025), and $9.2 billion (Q2 2025) per Business Quant data.