Northrop Grumman Corporation (NOC) Financial Statements
Northrop Grumman financial statements at a glance
Northrop Grumman reported revenue of $41.95 billion for fiscal year 2025 (ended December 31, 2025), up 2.2% from fiscal year 2024. Net income was $4.18 billion, a net margin of 10.0%.
At the end of fiscal year 2025 it had total assets of $51.38 billion, total liabilities of $34.70 billion and shareholders' equity of $16.67 billion, with total debt of $15.70 billion.
Its operations brought in $4.76 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Northrop Grumman Corporation
Income Statement
Annual • USD
Northrop Grumman key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $42.0B | $41.0B | $39.3B | $36.6B | $35.7B |
| Gross profit | $8.3B | $8.4B | $6.6B | $7.5B | $7.3B |
| Operating income | $4.5B | $4.4B | $2.5B | $3.6B | $3.7B |
| Net income | $4.2B | $4.2B | $2.1B | $4.9B | $7.0B |
| Diluted EPS | – | – | – | – | $43.54 |
| Total assets | $51.4B | $49.4B | $46.5B | $43.8B | $42.6B |
| Total liabilities | $34.7B | $34.1B | $31.7B | $28.4B | $29.7B |
| Shareholders' equity | $16.7B | $15.3B | $14.8B | $15.3B | $12.9B |
| Cash | – | – | – | – | $3.5B |
| Total debt | $15.7B | $16.3B | $13.9B | $12.9B | $14.4B |
| Operating cash flow | $4.8B | $4.4B | $3.9B | $2.9B | $3.6B |
| Capital spending | – | – | – | – | $1.4B |
| Free cash flow | – | – | – | – | $2.2B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Northrop Grumman's revenue in fiscal year 2025?
$41.95 billion, up 2.2% from $41.03 billion in fiscal year 2024.
How much profit does Northrop Grumman make?
Northrop Grumman reported net income of $4.18 billion for fiscal year 2025 (10.0% of revenue); operating income was $4.51 billion.
How much cash and debt does Northrop Grumman have?
At the end of fiscal year 2025: total debt of $15.70 billion.
