Current Assets
Other current assets
Northrop Grumman Other current assets increased by 12.8% to $1.87B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.2%, from $1.34B to $1.87B. Over 5 years (FY 2020 to FY 2025), Other current assets shows an upward trend with a 3.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 2026
How to read this metric
Significant fluctuations may indicate changes in prepaid expenses or short-term financial adjustments.
Detailed definition
This category aggregates miscellaneous current assets that do not fit into standard classifications like cash or receiva...
Peer comparison
Generally a small portion of total current assets across the aerospace and defense industry.
Metric ID:
current_assets_other_assets_currentHistorical 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 | $630M | $737M | $1.13B | $713M | $961M | $1.28B | $1.44B | $924M | $1.23B | $1.68B | $2.34B | $2.08B | $1.36B | $1.23B | $1.29B | $1.34B | $1.25B | $1.52B | $1.66B | $1.87B |
| QoQ Change | — | +17.0% | +52.8% | -36.7% | +34.8% | +32.9% | +12.7% | -35.8% | +33.3% | +36.3% | +39.4% | -11.0% | -34.6% | -9.5% | +4.3% | +4.4% | -7.2% | +22.1% | +8.9% | +12.8% |
| YoY Change | — | — | — | — | +52.5% | +73.3% | +27.8% | +29.6% | +28.2% | +31.5% | +62.7% | +125.4% | +10.6% | -26.6% | -45.1% | -35.6% | -8.7% | +23.3% | +28.8% | +39.2% |
Range$630M – $2.34B
CAGR+25.7%
Avg YoY Growth+26.1%
Median YoY Growth+28.5%
Current Streak3 quarters growth
Other current assets at Other Companies
Frequently Asked Questions
- What is Northrop Grumman's other current assets?
- Northrop Grumman (NOC) reported other current assets of $1.87B in Q1 2026.
- How has Northrop Grumman's other current assets changed year-over-year?
- Northrop Grumman's other current assets increased by 39.2% year-over-year, from $1.34B to $1.87B.
- What is the long-term trend for Northrop Grumman's other current assets?
- Over 5 years (2020 to 2025), Northrop Grumman's other current assets has grown at a 3.4% compound annual growth rate (CAGR), from $1.4B to $1.66B.
- What does other current assets mean?
- Miscellaneous short-term assets that are expected to be converted into cash within one year.