Goodwill
Northrop Grumman Goodwill increased by 0.0% to $17.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.0%, from $17.43B to $17.44B. Over 5 years (FY 2020 to FY 2025), Goodwill shows relatively stable performance with a -0.1% CAGR.
Analysis
How to read this metric
High goodwill indicates a history of acquisitions; significant write-downs may signal that past acquisitions failed to meet performance expectations.
Detailed definition
This represents the premium paid over the fair value of net identifiable assets during business acquisitions. It reflect...
Peer comparison
Common in the defense industry due to frequent M&A activity aimed at acquiring specialized technologies.
goodwillHistorical Data
| 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 | $17.52B | $17.52B | $17.52B | $17.52B | $17.52B | $17.52B | $17.52B | $17.52B | $17.52B | $17.51B | $17.52B | $17.52B | $17.52B | $17.52B | $17.51B | $17.43B | $17.44B | $17.44B | $17.44B | $17.44B |
| QoQ Change | — | -0.0% | -0.0% | +0.0% | -0.0% | -0.0% | +0.0% | +0.0% | +0.0% | -0.0% | +0.0% | -0.0% | +0.0% | +0.0% | -0.0% | -0.4% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | +0.0% | -0.0% | -0.0% | -0.0% | +0.0% | -0.0% | -0.0% | +0.0% | -0.0% | -0.5% | -0.5% | -0.5% | -0.4% | +0.0% |
Business Segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Mission Systems | $5.88B | $5.88B | $5.88B | $5.88B | $5.88B |
| Aeronautics Systems | $3.47B | $3.47B | $3.97B | $3.97B | $3.97B |
| Space Systems | $4.76B | $3.94B | $3.94B | $3.94B | $3.94B |
| Defense Systems | $3.41B | $4.23B | $3.72B | $3.72B | $3.64B |
| Total | $17.52B | $17.52B | $17.52B | $17.51B | $17.44B |
Mission Systems was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is Northrop Grumman's goodwill?
- Northrop Grumman (NOC) reported goodwill of $17.44B in Q1 2026.
- How has Northrop Grumman's goodwill changed year-over-year?
- Northrop Grumman's goodwill increased by 0.0% year-over-year, from $17.43B to $17.44B.
- What is the long-term trend for Northrop Grumman's goodwill?
- Over 5 years (2020 to 2025), Northrop Grumman's goodwill has grown at a -0.1% compound annual growth rate (CAGR), from $17.52B to $17.44B.
- What does goodwill mean?
- The value of intangible assets acquired during business mergers that exceeds the fair market value of the assets.