Products & Services · Revenue

Product — Revenue

Northrop Grumman Product — Revenue decreased by 17.0% to $7.96B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $7.52B to $7.96B. Over 4 years (FY 2021 to FY 2025), Product — Revenue shows an upward trend with a 4.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher production volume or successful delivery milestones on defense contracts, while a decrease may signal project delays or reduced demand for hardware.

Detailed definition

This metric represents the total revenue generated from the sale of physical defense hardware, including aircraft, missi...

Peer comparison

Comparable to product revenue segments at other large-scale aerospace and defense contractors like Lockheed Martin or Boeing.

Metric ID: noc_segment_product_revenues

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.19B$6.85B$6.81B$6.84B$6.78B$6.98B$7.92B$7.27B$7.44B$7.68B$8.51B$8.10B$8.08B$7.94B$8.61B$7.52B$8.26B$8.37B$9.59B$7.96B
QoQ Change-4.8%-0.5%+0.5%-0.9%+3.0%+13.5%-8.2%+2.3%+3.2%+10.8%-4.8%-0.3%-1.7%+8.4%-12.6%+9.8%+1.3%+14.6%-17.0%
YoY Change-5.8%+2.0%+16.4%+6.3%+9.8%+10.0%+7.4%+11.4%+8.5%+3.4%+1.2%-7.2%+2.3%+5.4%+11.4%+5.8%
Range$6.78B$9.59B
CAGR+2.2%
Avg YoY Growth+5.5%
Median YoY Growth+6.0%

Frequently Asked Questions

What is Northrop Grumman's product — revenue?
Northrop Grumman (NOC) reported product — revenue of $7.96B in Q1 2026.
How has Northrop Grumman's product — revenue changed year-over-year?
Northrop Grumman's product — revenue increased by 5.8% year-over-year, from $7.52B to $7.96B.
What is the long-term trend for Northrop Grumman's product — revenue?
Over 4 years (2021 to 2025), Northrop Grumman's product — revenue has grown at a 4.9% compound annual growth rate (CAGR), from $27.87B to $33.74B.
What does product — revenue mean?
Total revenue earned from selling physical defense products and hardware.