Operating

Change in Deferred Revenue

Northrop Grumman Change in Deferred Revenue decreased by 8.7% to -$389.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.7%, from -$358.00M to -$389.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026Apr 21, 2026

How to read this metric

An increase indicates strong future demand and cash inflow, while a decrease suggests revenue recognition from previously collected cash.

Detailed definition

This represents the net change in cash received from customers for goods or services that have not yet been delivered or...

Peer comparison

Common in long-term contract businesses like LNG; peers with similar business models often show significant deferred revenue balances.

Metric ID: change_in_deferred_revenue

Historical Data

10 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$146.75M$146.75M$146.75M$146.75M-$30.75M-$30.75M-$30.75M-$30.75M-$358.00M-$389.00M
QoQ Change+0.0%+0.0%+0.0%-121.0%+0.0%+0.0%+0.0%<-999%-8.7%
YoY Change-121.0%-121.0%-121.0%-121.0%<-999%-8.7%
Range-$389.00M$146.75M
CAGR+54.2%
Avg YoY Growth-259.5%
Median YoY Growth-121.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is Northrop Grumman's change in deferred revenue?
Northrop Grumman (NOC) reported change in deferred revenue of -$389.00M in Q1 2026.
How has Northrop Grumman's change in deferred revenue changed year-over-year?
Northrop Grumman's change in deferred revenue decreased by 8.7% year-over-year, from -$358.00M to -$389.00M.
What does change in deferred revenue mean?
The net change in payments received from customers for services not yet provided.