Northrop Grumman Space Systems — Operating Income decreased by 27.0% to $235.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.0%, from $283.00M to $235.00M. Over 4 years (FY 2021 to FY 2025), Space Systems — Operating Income shows relatively stable performance with a 1.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher operating income suggests strong margin control and efficient project execution, whereas declining income may point to cost overruns or pricing pressure on government contracts.
This metric measures the profitability of the space systems segment after deducting operating expenses from its total re...
Similar to segment-level operating profit reported by peers in the defense and space industry.
noc_segment_space_systems_operating_income| 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 | $301.00M | $288.00M | $256.00M | $261.00M | $310.00M | $290.00M | $297.00M | $313.00M | $283.00M | $312.00M | $304.00M | $332.00M | $324.00M | $345.00M | $253.00M | $283.00M | $280.00M | $298.00M | $322.00M | $235.00M |
| QoQ Change | — | -4.3% | -11.1% | +2.0% | +18.8% | -6.5% | +2.4% | +5.4% | -9.6% | +10.2% | -2.6% | +9.2% | -2.4% | +6.5% | -26.7% | +11.9% | -1.1% | +6.4% | +8.1% | -27.0% |
| YoY Change | — | — | — | — | +3.0% | +0.7% | +16.0% | +19.9% | -8.7% | +7.6% | +2.4% | +6.1% | +14.5% | +10.6% | -16.8% | -14.8% | -13.6% | -13.6% | +27.3% | -17.0% |