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NOC earnings date & Q2 2026 results · Northrop Grumman
US GAAP · $M · vs Q2 2025 · quarter ended 06/30/2026
Northrop Grumman Corporation is an American aerospace and defense company that designs and manufactures systems for aeronautics, defense, missions, and space. · Wikipedia
More about the company
Headquartered in West Falls Church, Virginia, the company is the fifth-largest contractor of the U.S. federal government; it receives over 2% of all federal government spending at contractors.
Key growth driver: Revenue growth of +5% y/y — the report gives no segment split, so the driver is the whole business. · by the Q2 2026 report
When is NOC’s next earnings date?
Tuesday, October 20, 2026confirmed · before market open
Northrop Grumman (NOC) is scheduled to report results for the quarter ending Sep 2026 on Oct 20, 2026. Consensus EPS forecast: $7.26 (6 analysts), vs $7.67 in the same quarter last year.
What time does NOC report? Usually before market open: the last 4 results releases reached the SEC at 6:45 am, 6:44 am, 6:44 am, 6:29 am ET.
Last report: Jul 21, 2026 (Q2 2026) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Revenue
$10,876
+5.1%
Operating income
$1,096
-23.1%
10.1% margin · прошлый год с разовым +$231
Net income
$1,094
-6.8%
$7.68/sh · 10.1% margin
Verdict: the headline drop is an illusion of comparison — last year's quarter carried a $231M gain on a business sale, without which operating income is roughly flat on 5% higher sales; the real story is product costs growing 9.6% against 5% revenue growth, offset by a 6.3% tax rate and a growing pension tailwind.
Diluted EPS $7.68 (−5.8%). Share count down 1.1% y/y to 142.4M diluted. Non-operating pension benefit $166M, up 21%.
Source and notation
* marks non-cash / ≈ estimated. Source: Northrop Grumman 10-Q (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
Heads-up
- net income fell 7% y/y in Q2 2026
Most likely because the pension plan keeps paying: a $166M non-operating FAS benefit (+21% y/y) flows straight into pre-tax earnings; cost discipline is the worry: product costs rose 9.6% to $7,155M against 5.1% sales growth. Based on the Q2 2026 report.
Company filings on SEC EDGAR ↗NOC earnings history: past report dates
| Jul 21, 2026 Tue | 6:45 ambefore market open | Jun 30, 2026 | $10.9B+5% y/y | $7.68−6% y/y |
| Apr 21, 2026 Tue | 6:44 ambefore market open | Mar 31, 2026 | $9.9B+4% y/y | $6.14+85% y/y |
| Jan 27, 2026 Tue | 6:44 ambefore market open | Dec 31, 2025 | ≈$11.7B+10% y/y | ≈$9.94+15% y/y |
| Oct 21, 2025 Tue | 6:29 ambefore market open | Sep 30, 2025 | $10.4B+4% y/y | $7.67+10% y/y |
| Jul 22, 2025 Tue | 6:45 ambefore market open | Jun 30, 2025 | $10.4B+1% y/y | $8.15+28% y/y |
| Apr 22, 2025 Tue | 6:45 ambefore market open | Mar 31, 2025 | $9.5B−7% y/y | $3.32−47% y/y |
| Jan 30, 2025 Thu | 6:45 ambefore market open | Dec 31, 2024 | ≈$10.7B+0% y/y | ≈$8.66 |
| Oct 24, 2024 Thu | 6:45 ambefore market open | Sep 30, 2024 | $10.0B+2% y/y | $7.00+13% y/y |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Northrop Grumman: 5-year financials
| 2025 | 41,954 | 4,511 | 4,182 | 3,307 | 1,293 |
| 2024 | 41,033 | 4,370 | 4,174 | 2,621 | 1,186 |
| 2023 | 39,290 | 2,537 | 2,056 | 2,100 | 1,116 |
| 2022 | 36,602 | 3,601 | 4,896 | 1,466 | 1,052 |
| 2021 | 35,667 | 5,651 | 7,005 | 2,152 | 983 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP).
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
2/2good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- Jan 202610-K 2025: a single class registered — NOC common stock; the legal section covers environmental cases and a DOJ inquiry into government-contract cost accounting, no shareholder suits. sec.gov ↗
- Dec 2025Diluted shares fell 14.2% over 2020–2025; $1.6B of buybacks in 2025 (XBRL). data.sec.gov ↗
- Dec 2025Dividend per share rose from $5.67 (2020) to $8.99 (2025). data.sec.gov ↗
Scoring: 2.0, no deductions: single share class, shares −14% over 5 years, dividend raised every year, no shareholder suits or SEC disclosure cases
- Share classes
- Single class of common stock (10-K 2025 cover).
- Dilution
- Diluted shares 2020→2025 −14.2% on buybacks; SBC 0.3% of revenue.
- Disclosure
- Full reporting, filed on time.
- Dividends
- Dividend raised every year: $5.67 (2020) → $8.99 (2025).
- Lawsuits & regulators
- No shareholder suits or SEC cases; the 2022–2023 DOJ subpoena and inquiry concern cost accounting on government contracts (an industry issue, not investor fraud) — no deduction; the Bethpage environmental suits are not shareholder suits.
- Related parties
- No material related-party transactions disclosed.
How the score works · checked as of Sep 2026
Northrop Grumman (NOC) earnings: FAQ
When is NOC's next earnings date?
Northrop Grumman (NOC) is scheduled to report on Oct 20, 2026, before market open.
What time does NOC report earnings?
Northrop Grumman is scheduled to report before market open on Oct 20, 2026. Its last results releases were filed before market open, most recently at 6:45 am ET on Jul 21, 2026.
When did NOC last report earnings?
Northrop Grumman reported Q2 2026 results on Jul 21, 2026.
What is the EPS estimate for NOC's next earnings?
The consensus EPS forecast is $7.26 (6 analysts), vs $7.67 in the same quarter last year.
Where can I find Northrop Grumman's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to NOC's filings; this page breaks the latest report down in a Sankey chart.
What was NOC's net income in Q2 2026?
Northrop Grumman reported net income of $1,094M for Q2 2026 (-6.8% year over year), under US GAAP.
Does Northrop Grumman pay dividends?
Yes. In 2025, Northrop Grumman paid $1,293M in dividends on its common stock, per its 10-K. Earlier years are in the five-year table above.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing on 08/26/2026. How we make the breakdowns · Report an error
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