Net Income
Northrop Grumman Net Income decreased by 38.7% to $875.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 81.9%, from $481.00M to $875.00M. Over 3 years (FY 2021 to FY 2025), Net Income shows a downward trend with a -15.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...
Peer comparison
Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.
cf_net_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.04B | $1.06B | $2.71B | $955.00M | $946.00M | $915.00M | $2.08B | $842.00M | $812.00M | $937.00M | $944.00M | $940.00M | $1.03B | $1.26B | $481.00M | $1.17B | $1.10B | $1.43B | $875.00M |
| QoQ Change | — | +2.5% | +154.9% | -64.8% | -0.9% | -3.3% | +127.3% | -59.5% | -3.6% | +15.4% | +0.7% | -0.4% | +9.1% | +23.2% | -61.9% | +144.1% | -6.3% | +29.7% | -38.7% |
| YoY Change | — | — | — | — | -8.8% | -13.9% | -23.2% | -11.8% | -14.2% | +2.4% | +12.1% | +15.8% | +9.5% | — | -49.0% | +24.9% | +7.2% | +12.9% | +81.9% |
Net Income at Other Companies
Frequently Asked Questions
- What is Northrop Grumman's net income?
- Northrop Grumman (NOC) reported net income of $875.00M in Q1 2026.
- How has Northrop Grumman's net income changed year-over-year?
- Northrop Grumman's net income increased by 81.9% year-over-year, from $481.00M to $875.00M.
- What is the long-term trend for Northrop Grumman's net income?
- Over 3 years (2021 to 2025), Northrop Grumman's net income has grown at a -15.8% compound annual growth rate (CAGR), from $7.01B to $4.18B.
- What does net income mean?
- The company's total profit after all expenses and taxes have been paid.