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

Northrop Grumman (NOC) has 17 years of Operating Expenses data on record, last reported at $10.4 billion in Q4 2025.

  • For Q4 2025, Operating Expenses rose 8.79% year-over-year to $10.4 billion; the TTM value through Dec 2025 reached $37.7 billion, up 2.76%, while the annual FY2025 figure was $37.7 billion, 2.76% up from the prior year.
  • Operating Expenses reached $10.4 billion in Q4 2025 per NOC's latest filing, up from $9.2 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $11.0 billion in Q4 2023 and bottomed at $7.7 billion in Q3 2021.
  • Average Operating Expenses over 5 years is $8.8 billion, with a median of $8.8 billion recorded in 2023.
  • Peak YoY movement for Operating Expenses: rose 20.86% in 2023, then fell 13.0% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $7.9 billion in 2021, then grew by 15.58% to $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.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $10.4 billion in Q4 2025, $9.2 billion in Q3 2025, and $9.2 billion in Q2 2025.