10-Q quarterly report · filed Apr 21, 2026

Northrop Grumman (NOC) Q1 2026 10-Q Quarterly Report

Short answer

Northrop Grumman (NOC) filed its Q1 2026 10-Q quarterly report on Apr 21, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $9.9B (up 4.4% year over year) with net income of $875M.

Q1 2026 key financials · XBRL

Revenue
$9.9B
+4.4% YoY
Net income
$875M
+81.9% YoY
Operating margin
10.0%
EPS (diluted)
$6.14
+84.9% YoY

Source: XBRL data from the Northrop Grumman (NOC) Q1 2026 10-Q on SEC EDGAR. USD.

Northrop Grumman Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $9,881M, up 4% YoY from $9,468M; organic sales up 5% to $9,881M
  • Operating margin 10.0% vs 6.1%; net earnings $875M vs $481M
  • Best segment: Aeronautics Systems sales $3,283M, up 17%; margin 9.3% vs (6.5%)
  • Worst segment: Space Systems sales $2,480M, down 3%; margin 9.5% vs 11.0%
  • B-21 capacity investment approximately $2.5B; tariffs and partial shutdown cited as uncertainties

Risk Factors

  • No material changes to risk factors; filing refers readers to the 2025 Form 10-K
  • Carried-forward risks unavailable because the referenced 10-K risk-factor text was not provided
  • Share-repurchase execution risk: $2.472 billion remaining under the authorized program
  • Regulatory and market-condition risk: repurchases subject to market and regulatory conditions
  • Liquidity and capital-allocation risk: $98,782 shares repurchased for $63.7 million during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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