10-Q quarterly report · filed Jul 21, 2026

Northrop Grumman (NOC) Q2 2026 10-Q Quarterly Report

Short answer

Northrop Grumman (NOC) filed its Q2 2026 10-Q quarterly report on Jul 21, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $10.9B (up 5.1% year over year) with net income of $1.1B.

Q2 2026 key financials · XBRL

Revenue
$10.9B
+5.1% YoY · +10.1% QoQ
Net income
$1.1B
−6.8% YoY · +25.0% QoQ
Operating margin
10.1%
EPS (diluted)
$7.69
−5.4% YoY · +25.2% QoQ

Source: XBRL data from the Northrop Grumman (NOC) Q2 2026 10-Q on SEC EDGAR. USD.

Northrop Grumman Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $10.876B, up 5% YoY from $10.351B, driven by higher sales across all four sectors
  • Operating margin 10.1% vs 13.8% YoY; net earnings $1.094B vs $1.174B
  • Best segment Aeronautics Systems: sales $3.519B, up 13%; operating income $362M, up 13%
  • Worst segment Defense Systems: operating income down $97M; net EAC adjustment $(40)M vs $83M
  • Outlook: heightened geopolitical demand, with uncertainty from defense budgets, tariffs, regulatory changes, and B-21 execution costs

Risk Factors

  • No material risk-factor changes disclosed; 2025 Form 10-K risks carried forward
  • Share-repurchase authorization exposure: $2.5 billion remaining as of June 30, 2026
  • Trading-plan compliance: General Counsel’s Rule 10b5-1 arrangement adopted April 27, 2026
  • Performance-linked share-sale uncertainty: aggregate shares depend partly on future company performance

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

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