Northrop Grumman Corporation
Explore Northrop Grumman
Core profile pages, annual revenue records, and related research hubs for this company.
Northrop Grumman Corporation
Explore Northrop Grumman
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$41.95B
Market Cap
$67.5B
Net Income
$4.2B
Employees
95,000
Northrop Grumman Corporation reported FY2025 revenue of $41.954B and net income of $4.182B.
Revenue Trend Analysis
YoY Change
+2.2%
2-Year CAGR
+3.3%
Peak Year
2025
Trend
Consistent Growth
Northrop Grumman Corporation has reported revenue across 3 fiscal years, compounding at +3.3% annually over 2 years. The most recent year saw a 2.2% increase versus the prior year. Revenue peaked in 2025 at $42.0B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $42.0B | $4.2B | +2.2% |
| FY2024 | $41.0B | $4.2B | +4.4% |
| FY2023 | $39.3B | $2.1B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Northrop generates roughly $38 billion to $40 billion in annual revenue, operating with incredible top-line stability guaranteed by decades-long Pentagon procurement cycles.
The curse of Fixed-Price contracts. Northrop agreed to build the first batch of B-21 stealth bombers for a fixed price before the pandemic. When inflation exploded and supply chains broke down, it cost Northrop significantly more to build the planes than the Pentagon was paying them, forcing Northrop to take a massive $1.2 billion pre-tax charge in late 2023.
Brutally. The stock crashed significantly following the announcement. Investors hate 'fixed-price' contracts precisely because they expose defense contractors to massive inflation risks, completely destroying short-term profit margins.
Massively. The Sentinel program (replacing the Minuteman III nuclear missiles) is severely over budget (cost estimates jumped from $95 billion to over $130 billion). While this is bad for taxpayers, because it is a 'Cost-Plus' contract, Northrop's profit margin is protected, unlike the B-21.
Shareholder returns. Because they don't have to invest in commercial R&D like tech companies, Northrop takes its massive free cash flow and aggressively returns it to shareholders through a steadily growing dividend and massive, multi-billion dollar stock buyback programs.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Northrop Grumman Corporation Revenue & Financials." CorpDigest, https://corpdigest.com/company/northrop-grumman/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Northrop Grumman Corporation reported $42B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/northrop-grumman/financials" target="_blank" rel="noopener">CorpDigest — Northrop Grumman Corporation financials</a></div>