Product — Cost of Sales
Northrop Grumman Product — Cost of Sales decreased by 17.1% to $6.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $6.37B to $6.43B. Over 4 years (FY 2021 to FY 2025), Product — Cost of Sales shows an upward trend with a 5.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests margin compression due to rising material or labor costs, while a decrease suggests improved manufacturing efficiency.
Detailed definition
This metric captures the direct costs associated with manufacturing and delivering defense products, including raw mater...
Peer comparison
Comparable to Cost of Goods Sold (COGS) for hardware segments in the industrial and defense manufacturing sectors.
noc_segment_product_cost_of_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.62B | $5.35B | $5.65B | $5.38B | $5.28B | $5.59B | $6.51B | $5.73B | $5.88B | $6.14B | $8.49B | $6.41B | $6.39B | $6.28B | $7.11B | $6.37B | $6.53B | $6.63B | $7.76B | $6.43B |
| QoQ Change | — | -4.8% | +5.5% | -4.7% | -1.8% | +5.8% | +16.5% | -12.0% | +2.6% | +4.4% | +38.4% | -24.5% | -0.4% | -1.7% | +13.2% | -10.5% | +2.5% | +1.6% | +17.0% | -17.1% |
| YoY Change | — | — | — | — | -6.0% | +4.4% | +15.3% | +6.4% | +11.3% | +9.8% | +30.4% | +11.9% | +8.7% | +2.4% | -16.2% | -0.7% | +2.2% | +5.6% | +9.1% | +1.1% |
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Frequently Asked Questions
- What is Northrop Grumman's product — cost of sales?
- Northrop Grumman (NOC) reported product — cost of sales of $6.43B in Q1 2026.
- How has Northrop Grumman's product — cost of sales changed year-over-year?
- Northrop Grumman's product — cost of sales increased by 1.1% year-over-year, from $6.37B to $6.43B.
- What is the long-term trend for Northrop Grumman's product — cost of sales?
- Over 4 years (2021 to 2025), Northrop Grumman's product — cost of sales has grown at a 5.2% compound annual growth rate (CAGR), from $22.31B to $27.28B.
- What does product — cost of sales mean?
- The direct costs incurred to manufacture and deliver physical defense products.