Current Assets
Contract Assets
Northrop Grumman Contract Assets increased by 15.5% to $7.56B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $6.86B to $7.56B. Over 5 years (FY 2020 to FY 2025), Contract Assets shows an upward trend with a 4.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
First reportedQ4 2019
Last reportedQ1 2026Apr 21, 2026
Metric ID:
contract_assetsHistorical Data
20 periods
| 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 | $5.42B | $5.67B | $5.49B | $6.12B | $6.21B | $6.43B | $5.98B | $6.22B | $5.87B | $6.27B | $5.69B | $6.45B | $6.43B | $6.52B | $5.91B | $6.86B | $7.13B | $7.03B | $6.54B | $7.56B |
| QoQ Change | — | +4.7% | -3.2% | +11.4% | +1.5% | +3.5% | -7.0% | +3.9% | -5.6% | +6.8% | -9.2% | +13.3% | -0.2% | +1.3% | -9.4% | +16.1% | +4.0% | -1.4% | -6.9% | +15.5% |
| YoY Change | — | — | — | — | +14.6% | +13.3% | +8.9% | +1.6% | -5.5% | -2.5% | -4.8% | +3.8% | +9.6% | +4.0% | +3.8% | +6.3% | +10.9% | +7.9% | +10.8% | +10.2% |
Range$5.42B – $7.56B
CAGR+7.3%
Avg YoY Growth+5.8%
Median YoY Growth+7.1%
Contract Assets at Other Companies
Frequently Asked Questions
- What is Northrop Grumman's contract assets?
- Northrop Grumman (NOC) reported contract assets of $7.56B in Q1 2026.
- How has Northrop Grumman's contract assets changed year-over-year?
- Northrop Grumman's contract assets increased by 10.2% year-over-year, from $6.86B to $7.56B.
- 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.