NORTHROP GRUMMAN CORP /DE/ (NOC) Form 10-Q — Jul 21, 2026
Northrop Grumman reported solid financial results for the six months ended June 30, 2026, with sales increasing 5% to $20.8 billion and net earnings rising 19% to $2.0 billion. The earnings growth was primarily driven by a significantly lower effective tax rate of 10.4%, down from 17.5% in the prior year, due to the remeasurement of uncertain tax positions and benefits from the One Big Beautiful Bill Act. Additionally, the company's backlog reached a record $104.7 billion, bolstered by a $7.6 billion increase associated with the Sentinel program restructuring efforts. On the B-21 program, the company finalized a production capacity expansion agreement with the U.S.
Key figures
- Eps
- 13.83
- Revenue
- 20757
- Net Income
- 1969
- Cash Position
- 2307
- Revenue Growth
- 5
- Shares Outstanding
- 142063026
- Backlog
- 104.7
- B21 loss accrual
- 1000
- Dividend per share
- 2.47
- Remaining repurchase authorization
- 2500
Price after filing
Close on the filing date to close N calendar days later (from $518.65). Historical, not a forecast.
AI analysis
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