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Northrop Grumman NOC Service — Total operating costs and expenses

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Other financials

Income statement

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Revenue$9.9B+4.4%
Operating income$989.0M+72.6%
Net income$875.0M+81.9%
EPS (diluted)$6.14+84.9%

Balance sheet

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Cash & equivalents$2.1B+24.0%
Total debt$17.1B+2.7%
Total equity$17.1B+14.2%
Total assets$50.0B+3.2%

Cash flow

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Operating cash flow-$1.7B-5.8%
CapEx$167.0M-34.8%
Free cash flow-$1.8B-0.1%

Valuation

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Market cap$78.14B+30.6%
Enterprise value$93.12B+25.5%
P/E17.1×+1.0×
P/S1.8×+0.4×

Profitability

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Operating margin11.6%+2.0pp
Net margin10.8%+1.6pp

Returns & leverage

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Return on equity28.5%+3.1pp
Debt / equity-0.1×
Current ratio1.2×+0.2×

Where this comes from

Reported directly by Northrop Grumman in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: Northrop Grumman’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northrop Grumman's service — total operating costs and expenses?
Northrop Grumman (NOC) reported service — total operating costs and expenses of $1.65B in Q1 2026.
How has Northrop Grumman's service — total operating costs and expenses changed year-over-year?
Northrop Grumman's service — total operating costs and expenses decreased by 4.3% year-over-year, from $1.72B to $1.65B.
What is the long-term trend for Northrop Grumman's service — total operating costs and expenses?
Over 3 years (2022 to 2025), Northrop Grumman's service — total operating costs and expenses has grown at a 0.2% compound annual growth rate (CAGR), from $7.07B to $7.12B.
What does service — total operating costs and expenses mean?
The total sum of all direct and indirect expenses required to operate the service business segment.
How do you interpret service — total operating costs and expenses?
A rising trend relative to revenue may indicate margin compression or increased investment in service infrastructure and personnel.
How does service — total operating costs and expenses compare across companies?
Equivalent to 'Segment Operating Expenses' reported by diversified industrial and defense companies.