Tax
Income Tax
Northrop Grumman Income Tax decreased by 50.5% to $155.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 59.8%, from $97.00M to $155.00M. Over 3 years (FY 2021 to FY 2025), Income Tax shows a downward trend with a -22.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
Metric ID:
is_income_tax_expenseHistorical Data
19 periods
| 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 | $265.00M | $212.00M | $635.00M | $189.00M | $204.00M | $175.00M | $372.00M | $156.00M | $175.00M | $181.00M | $187.00M | $206.00M | $162.00M | $287.00M | $97.00M | $253.00M | $223.00M | $313.00M | $155.00M |
| QoQ Change | — | -20.0% | +199.5% | -70.2% | +7.9% | -14.2% | +112.6% | -58.1% | +12.2% | +3.4% | +3.3% | +10.2% | -21.4% | +77.2% | -66.2% | +160.8% | -11.9% | +40.4% | -50.5% |
| YoY Change | — | — | — | — | -23.0% | -17.5% | -41.4% | -17.5% | -14.2% | +3.4% | +19.9% | +17.7% | -10.5% | — | -48.1% | +22.8% | +37.7% | +9.1% | +59.8% |
Range$97.00M – $635.00M
CAGR-11.2%
Avg YoY Growth-0.1%
Median YoY Growth-3.5%
Income Tax at Other Companies
Frequently Asked Questions
- What is Northrop Grumman's income tax?
- Northrop Grumman (NOC) reported income tax of $155.00M in Q1 2026.
- How has Northrop Grumman's income tax changed year-over-year?
- Northrop Grumman's income tax increased by 59.8% year-over-year, from $97.00M to $155.00M.
- What is the long-term trend for Northrop Grumman's income tax?
- Over 3 years (2021 to 2025), Northrop Grumman's income tax has grown at a -22.9% compound annual growth rate (CAGR), from $1.93B to $886.00M.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.