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

Northrop Grumman's Operating Expenses history runs 18 years deep, the most recent figure standing at $9.8 billion for Q2 2026.

• On a quarterly basis, Operating Expenses rose 6.8% year-over-year to $9.8 billion in Q2 2026; TTM through Jun 2026 was $38.3 billion, a 4.84% increase from a year earlier, with the FY2025 full-year figure at $37.7 billion, up 2.76% from the prior year.
• Operating Expenses grew to $9.8 billion in Q2 2026 per NOC's latest filing, from $8.9 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $11.0 billion in Q4 2023 and bottomed at $7.8 billion in Q2 2022.
• The 5-year median for Operating Expenses is $9.0 billion (2024), against an average of $9.0 billion.
• Across the five-year window, Operating Expenses advanced 20.86% in 2023 and decreased 13.0% in 2024, its largest moves.
• Year by year, Operating Expenses 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 slipped by 6.33% to $9.8 billion in 2026.
• Per Business Quant, the three latest NOC Operating Expenses figures stand at $9.8 billion (Q2 2026), $8.9 billion (Q1 2026), and $10.4 billion (Q4 2025).