Northrop Grumman (NOC) Revenue & Revenue Breakdown

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Northrop Grumman Revenue Highlights

Latest Revenue (Y)

$41.03B

Latest Revenue (Q)

$10.00B

Main Segment (Y)

Aeronautics Systems

Main Geography (Y)

Europe

Northrop Grumman Revenue by Period

Northrop Grumman Revenue by Year

Date	Revenue	Change
2024-12-31	$41.03B	4.44%
2023-12-31	$39.29B	7.34%
2022-12-31	$36.60B	2.62%
2021-12-31	$35.67B	-3.08%
2020-12-31	$36.80B	8.74%
2019-12-31	$33.84B	12.45%
2018-12-31	$30.09B	16.63%
2017-12-31	$25.80B	5.28%
2016-12-31	$24.51B	4.17%
2015-12-31	$23.53B	-1.89%
2014-12-31	$23.98B	-2.77%
2013-12-31	$24.66B	-2.21%
2012-12-31	$25.22B	-4.52%
2011-12-31	$26.41B	-6.15%
2010-12-31	$28.14B	-16.63%
2009-12-31	$33.76B	-0.39%
2008-12-31	$33.89B	5.84%
2007-12-31	$32.02B	6.20%
2006-12-31	$30.15B	-1.87%
2005-12-31	$30.72B	2.91%
2004-12-31	$29.85B	13.92%
2003-12-31	$26.21B	52.31%
2002-12-31	$17.21B	26.91%
2001-12-31	$13.56B	77.97%
2000-12-31	$7.62B	-15.31%
1999-12-31	$8.99B	1.04%
1998-12-31	$8.90B	-2.74%
1997-12-31	$9.15B	13.41%
1996-12-31	$8.07B	18.38%
1995-12-31	$6.82B	1.59%
1994-12-31	$6.71B	32.55%
1993-12-31	$5.06B	-

Northrop Grumman generated $41.03B in revenue during NA 2024, up 4.44% compared to the previous quarter, and up 121.25% compared to the same period a year ago.

Northrop Grumman Revenue by Quarter

Date	Revenue	Change
2024-09-30	$10.00B	-2.17%
2024-06-30	$10.22B	0.84%
2024-03-31	$10.13B	-4.75%
2023-12-31	$10.64B	8.83%
2023-09-30	$9.78B	2.08%
2023-06-30	$9.58B	2.96%
2023-03-31	$9.30B	-7.30%
2022-12-31	$10.03B	11.84%
2022-09-30	$8.97B	1.93%
2022-06-30	$8.80B	0.05%
2022-03-31	$8.80B	1.83%
2021-12-31	$8.64B	-0.93%
2021-09-30	$8.72B	-4.71%
2021-06-30	$9.15B	-0.07%
2021-03-31	$9.16B	-10.33%
2020-12-31	$10.21B	12.43%
2020-09-30	$9.08B	2.24%
2020-06-30	$8.88B	3.06%
2020-03-31	$8.62B	-1.16%
2019-12-31	$8.72B	2.90%
2019-09-30	$8.47B	0.22%
2019-06-30	$8.46B	3.26%
2019-03-31	$8.19B	0.40%
2018-12-31	$8.16B	0.88%
2018-09-30	$8.09B	13.57%
2018-06-30	$7.12B	5.70%
2018-03-31	$6.74B	1.52%
2017-12-31	$6.63B	1.64%
2017-09-30	$6.53B	2.38%
2017-06-30	$6.38B	1.72%
2017-03-31	$6.27B	-2.03%
2016-12-31	$6.40B	3.93%
2016-09-30	$6.16B	2.58%
2016-06-30	$6.00B	0.74%
2016-03-31	$5.96B	4.60%
2015-12-31	$5.69B	-4.77%
2015-09-30	$5.98B	1.41%
2015-06-30	$5.90B	-1.02%
2015-03-31	$5.96B	-2.47%
2014-12-31	$6.11B	2.07%
2014-09-30	$5.98B	-0.91%
2014-06-30	$6.04B	3.27%
2014-03-31	$5.85B	-5.02%
2013-12-31	$6.16B	0.84%
2013-09-30	$6.11B	-2.99%
2013-06-30	$6.29B	3.11%
2013-03-31	$6.10B	-5.74%
2012-12-31	$6.48B	3.29%
2012-09-30	$6.27B	-0.06%
2012-06-30	$6.27B	1.23%
2012-03-31	$6.20B	-4.73%
2011-12-31	$6.51B	-1.60%
2011-09-30	$6.61B	0.79%
2011-06-30	$6.56B	-2.58%
2011-03-31	$6.73B	-21.76%
2010-12-31	$8.61B	-1.23%
2010-09-30	$8.71B	-1.27%
2010-06-30	$8.83B	2.51%
2010-03-31	$8.61B	11.07%
2009-12-31	$7.75B	-11.16%
2009-09-30	$8.73B	-2.58%
2009-06-30	$8.96B	7.66%
2009-03-31	$8.32B	-9.11%
2008-12-31	$9.15B	9.22%
2008-09-30	$8.38B	-2.86%
2008-06-30	$8.63B	11.70%
2008-03-31	$7.72B	-

Northrop Grumman generated $10.00B in revenue during Q3 2024, up -2.17% compared to the previous quarter, and up 104.39% compared to the same period a year ago.

Northrop Grumman Revenue Breakdown

Northrop Grumman Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Space Systems	$11.73B	$13.95B	-	-	-
Aeronautics Systems	$12.03B	$10.79B	-	-	-
Mission Systems	$11.40B	$10.89B	-	-	-
Defense Systems	$8.56B	$5.86B	-	-	-
Service	-	$8.39B	$8.08B	$7.80B	$9.78B
Product	-	$30.90B	$28.52B	$27.87B	$27.02B

Northrop Grumman's latest annual revenue breakdown by segment (product or service), as of Dec 24: Aeronautics Systems (27.52%), Space Systems (26.83%), Mission Systems (26.07%), and Defense Systems (19.58%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Aeronautics Systems	$7.10B	$2.39B	$2.54B	$4.11B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Space Systems	$5.53B	$2.71B	$3.49B	$3.91B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mission Systems	$7.23B	$2.12B	$2.05B	$5.11B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Defense Systems	$6.05B	$1.56B	$951.00M	$3.31B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	-	-	-	$8.51B	$7.68B	$7.44B	$7.27B	$7.92B	$6.98B	$6.78B	$6.84B	$6.81B	$6.84B	$7.19B	$7.02B	$7.69B	$6.67B	$6.48B	$6.18B	$6.25B
Service	-	-	-	$2.13B	$2.10B	$2.13B	$2.03B	$2.11B	$1.99B	$2.02B	$1.96B	$1.83B	$1.88B	$1.96B	$2.13B	$2.52B	$2.42B	$2.40B	$2.44B	$2.47B

Northrop Grumman's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Mission Systems (27.90%), Aeronautics Systems (27.41%), Defense Systems (23.36%), and Space Systems (21.33%).

Northrop Grumman Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Asia Pacific	$1.55B	$1.57B	-	-	-
Europe	$2.84B	$2.46B	-	-	-
Mission Systems	-	-	$7.57B	$7.29B	$7.36B

Northrop Grumman's latest annual revenue breakdown by geography, as of Dec 24: Europe (64.64%), and Asia Pacific (35.36%).

Quarterly Revenue by Country

Country	Dec 24	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Asia Pacific	$797.00M	$378.00M	$377.00M	$419.00M	$376.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Europe	$1.49B	$685.00M	$667.00M	$667.00M	$640.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mission Systems	-	-	-	-	-	$1.90B	$1.95B	$2.16B	$1.75B	$1.84B	$1.82B	$1.75B	$1.77B	$1.92B	$1.85B	$1.97B	$1.90B	$1.79B	$1.69B	$2.32B

Northrop Grumman's latest quarterly revenue breakdown by geography, as of Dec 24: Europe (65.07%), and Asia Pacific (34.93%).

Northrop Grumman Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
RTX	RTX	$80.74B	$20.09B
LMT	Lockheed Martin	$71.04B	$17.10B
BA	Boeing	$66.52B	$17.84B
GD	General Dynamics	$47.72B	-
NOC	Northrop Grumman	$41.03B	$10.00B
LHX	L3Harris	$21.32B	$5.29B
HII	Huntington Ingalls Industries	$11.54B	$2.75B
CW	Curtiss-Wright	$3.12B	$798.92M
HXL	Hexcel	$1.90B	$456.50M

NOC Revenue FAQ

What is Northrop Grumman’s yearly revenue?

Northrop Grumman's yearly revenue for 2024 was $41.03B, representing an increase of 4.44% compared to 2023. The company's yearly revenue for 2023 was $39.29B, representing an increase of 7.34% compared to 2022. NOC's yearly revenue for 2022 was $36.6B, representing an increase of 2.62% compared to 2021.

What is Northrop Grumman’s quarterly revenue?

Northrop Grumman's quarterly revenue for Q3 2024 was $10B, a -2.17% decrease from the previous quarter (Q2 2024), and a 2.26% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $10.22B, a 0.84% increase from the previous quarter (Q1 2024), and a 6.70% increase year-over-year (Q2 2023). NOC's quarterly revenue for Q1 2024 was $10.13B, a -4.75% decrease from the previous quarter (Q4 2023), and a 8.95% increase year-over-year (Q1 2023).

What is Northrop Grumman’s revenue growth rate?

Northrop Grumman's revenue growth rate for the last 3 years (2022-2024) was 12.11%, and for the last 5 years (2020-2024) was 11.51%.

What are Northrop Grumman’s revenue streams?

Northrop Grumman's revenue streams in c 24 are Space Systems, Aeronautics Systems, Mission Systems, and Defense Systems. Space Systems generated $11.73B in revenue, accounting 26.83% of the company's total revenue, down -15.88% year-over-year. Aeronautics Systems generated $12.03B in revenue, accounting 27.52% of the company's total revenue, up 11.53% year-over-year. Mission Systems generated $11.4B in revenue, accounting 26.07% of the company's total revenue, up 4.63% year-over-year. Defense Systems generated $8.56B in revenue, accounting 19.58% of the company's total revenue, up 46.03% year-over-year.

What is Northrop Grumman’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Northrop Grumman was Aeronautics Systems. This segment made a revenue of $12.03B, representing 27.52% of the company's total revenue.