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Northrop Grumman NOC Space Systems — Revenue

Other segment segments

Aeronautics Systems
$3.52B+13.0%
Mission Systems
$3.25B+2.9%
Defense Systems
$2.09B+5.1%

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Other financials

Income statement

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Revenue$10.9B+5.1%
Operating income$1.1B-23.1%
Net income$1.1B-6.8%
EPS (diluted)$7.68-5.8%

Balance sheet

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Cash & equivalents$2.3B+21.5%
Total debt$17.1B-2.6%
Total equity$17.9B+15.6%
Total assets$50.8B+2.7%

Cash flow

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Operating cash flow-$1.7B-5.8%
CapEx$302.0M+30.7%
Free cash flow-$1.8B-0.1%

Valuation

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Market cap$75.98B-8.0%
Enterprise value$90.73B-7.6%
P/E16.9×-4.0×
P/S1.8×-0.3×

Profitability

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Operating margin10.7%+0.3pp
Net margin10.5%+0.7pp
FCF margin7.8%+3.4pp

Returns & leverage

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Return on equity27%+0.5pp
Debt / equity-0.2×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by Northrop Grumman in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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

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Questions, answered.

What is Northrop Grumman's space systems — revenue?
Northrop Grumman (NOC) reported space systems — revenue of $2.75B in Q2 2026.
How has Northrop Grumman's space systems — revenue changed year-over-year?
Northrop Grumman's space systems — revenue increased by 4.0% year-over-year, from $2.65B to $2.75B.
What is the long-term trend for Northrop Grumman's space systems — revenue?
Over 4 years (2021 to 2025), Northrop Grumman's space systems — revenue has grown at a 0.4% compound annual growth rate (CAGR), from $10.61B to $10.77B.
What does space systems — revenue mean?
This metric represents the total gross revenue generated by the company's space-related business segment. It encompasses sales from satellite systems, launch vehicles, and space-based defense infrastructure. This figure reflects the segment's market demand and its contribution to the company's overall top-line performance.