Northrop Grumman (NOC) Tax Provisions (2009 - 2026)
Northrop Grumman (NOC) posted Tax Provisions of $74.0 million for Q2 2026, down 52.26% on a QoQ basis from $155.0 million in Q1 2026, and down 70.75% year-over-year from $253.0 million in Q2 2025.
Analysis
Northrop Grumman (NOC) Tax Provisions (2009 - 2026) Analysis & Trends
Northrop Grumman has reported Tax Provisions for 18 years, with the latest figure at $74.0 million in Q2 2026.
- On a quarterly basis, Tax Provisions fell 70.75% year-over-year to $74.0 million in Q2 2026; TTM through Jun 2026 was $765.0 million, a 4.26% decrease from a year earlier, with the FY2025 full-year figure at $886.0 million, up 5.23% from the prior year.
- Tax Provisions was $74.0 million for Q2 2026 at Northrop Grumman, down from $155.0 million in the prior quarter.
- The five-year high for Tax Provisions was $372.0 million in Q4 2022, with the low at -$222.0 million in Q4 2023.
- Average Tax Provisions over 5 years is $177.1 million, with a median of $184.0 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions plunged 159.68% in 2023, then surged 229.28% in 2024.
- Over 5 years, Tax Provisions stood at $372.0 million in 2022, then slumped by 159.68% to -$222.0 million in 2023, then soared by 229.28% to $287.0 million in 2024, then rose by 9.06% to $313.0 million in 2025, then tumbled by 76.36% to $74.0 million in 2026.
- The last three Tax Provisions figures came in at $74.0 million (Q2 2026), $155.0 million (Q1 2026), and $313.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.20 Bn | 117.41 Bn | 2.45 Bn | 342.00 Mn |
| 2 | General Dynamics | 97.24 Bn | 92.90 Bn | 6.76 Bn | 247.00 Mn |
| 3 | Motorola Solutions | 77.45 Bn | 76.75 Bn | 1.68 Bn | 184.00 Mn |
| 4 | Northrop Grumman | 73.15 Bn | 70.84 Bn | 3.72 Bn | 74.00 Mn |
| 5 | L3Harris Technologies | 47.76 Bn | 47.20 Bn | 1.50 Bn | 110.00 Mn |
| 6 | Elbit Systems | 32.88 Bn | 31.92 Bn | 579.01 Mn | -32.71 Mn |
| 7 | Teledyne Technologies | 28.32 Bn | 27.98 Bn | 738.10 Mn | 69.60 Mn |
| 8 | Curtiss Wright | 20.93 Bn | 20.46 Bn | 364.09 Mn | 43.13 Mn |
| 9 | Leidos Holdings | 16.70 Bn | 16.01 Bn | 817.00 Mn | 95.00 Mn |
| 10 | Caci International | 13.78 Bn | 13.58 Bn | 913.55 Mn | 43.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.00 Mn |
| Mar 31, 2026 | 155.00 Mn |
| Dec 31, 2025 | 313.00 Mn |
| Sep 30, 2025 | 223.00 Mn |
| Jun 30, 2025 | 253.00 Mn |
| Mar 31, 2025 | 97.00 Mn |
| Dec 31, 2024 | 287.00 Mn |
| Sep 30, 2024 | 162.00 Mn |
| Jun 30, 2024 | 206.00 Mn |
| Mar 31, 2024 | 187.00 Mn |
| Dec 31, 2023 | -222.00 Mn |
| Sep 30, 2023 | 181.00 Mn |
| Jun 30, 2023 | 175.00 Mn |
| Mar 31, 2023 | 156.00 Mn |
| Dec 31, 2022 | 372.00 Mn |
| Sep 30, 2022 | 175.00 Mn |
| Jun 30, 2022 | 204.00 Mn |
| Mar 31, 2022 | 189.00 Mn |
| Dec 31, 2021 | 635.00 Mn |
| Sep 30, 2021 | 212.00 Mn |