Screener
Northrop Grumman NOC Contract Assets
Contract Assets at other companies
Other financials
Where this comes from
Reported directly by Northrop Grumman in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.
The source filing: Northrop Grumman’s 10-Q, filed July 21, 2026.
- Filed
- Jul 21, 2026, 4:02 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001133421-26-000034
| $ in millions, except par value | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $2,307 | $4,403 |
| Accounts receivable, net | 2,311 | 1,375 |
| Unbilled receivables, net | 7,953 | 6,544 |
| Inventoried costs, net | 1,415 | 1,309 |
| Prepaid expenses and other current assets | 1,604 | 1,656 |
| Total current assets | 15,590 | 15,287 |
| Property, plant and equipment, net of accumulated depreciation of $10,061 for 2026 and $9,648 for 2025 | 10,297 | 10,972 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Northrop Grumman's contract assets?
- Northrop Grumman (NOC) reported contract assets of $7.95B in Q2 2026.
- How has Northrop Grumman's contract assets changed year-over-year?
- Northrop Grumman's contract assets increased by 11.5% year-over-year, from $7.13B to $7.95B.
- What is the long-term trend for Northrop Grumman's contract assets?
- Over 5 years (2020 to 2025), Northrop Grumman's contract assets has grown at a 4.9% compound annual growth rate (CAGR), from $5.14B to $6.54B.
- What does contract assets mean?
- Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.
Ask your AI about Northrop Grumman's contract assets.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude