Northrop Grumman (NOC) Revenue & Revenue Breakdown

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Northrop Grumman Revenue Highlights

Latest Revenue (Y)

$39.29B

Latest Revenue (Q)

$10.00B

Main Segment (Y)

Product

Main Geography (Y)

Europe

Northrop Grumman Revenue by Period

Northrop Grumman Revenue by Year

Date	Revenue	Change
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 $39.29B in revenue during NA 2023, up 7.34% compared to the previous quarter, and up 130.55% 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 23	Dec 22	Dec 21	Dec 20	Dec 19
Aeronautics Systems	$10.79B	-	-	-	-
Mission Systems	$10.89B	-	-	-	-
Space Systems	$13.95B	-	-	-	-
Service	$8.39B	$8.08B	$7.80B	$9.78B	$9.99B
Product	$30.90B	$28.52B	$27.87B	$27.02B	$23.85B
Defense Systems	$5.86B	-	-	-	-

Northrop Grumman's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (38.25%), Space Systems (17.26%), Mission Systems (13.49%), Aeronautics Systems (13.35%), Service (10.39%), and Defense Systems (7.26%).

Quarterly Revenue by Product

Product/Service	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	Sep 19
Space Systems	$2.71B	$3.49B	$3.91B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Defense Systems	$1.56B	$951.00M	$3.31B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mission Systems	$2.12B	$2.05B	$5.11B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aeronautics Systems	$2.39B	$2.54B	$4.11B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	$2.48B
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	$6.00B

Northrop Grumman's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Space Systems (30.91%), Aeronautics Systems (27.20%), Mission Systems (24.16%), and Defense Systems (17.73%).

Northrop Grumman Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Asia Pacific	$1.57B	-	-	-	-
Europe	$2.46B	-	-	-	-
Mission Systems	-	$7.57B	$7.29B	$7.36B	$9.20B

Northrop Grumman's latest annual revenue breakdown by geography, as of Dec 23: Europe (61.02%), and Asia Pacific (38.98%).

Quarterly Revenue by Country

Country	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	Sep 19
Europe	$685.00M	$667.00M	$667.00M	$640.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asia Pacific	$378.00M	$377.00M	$419.00M	$376.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	$2.29B

Northrop Grumman's latest quarterly revenue breakdown by geography, as of Sep 24: Europe (64.44%), and Asia Pacific (35.56%).

Northrop Grumman Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BA	Boeing	$77.79B	$17.84B
LMT	Lockheed Martin	$71.04B	$17.10B
RTX	RTX	$68.92B	$20.09B
GD	General Dynamics	$42.27B	-
NOC	Northrop Grumman	$39.29B	$10.00B
LHX	L3Harris	$19.42B	$5.29B
HII	Huntington Ingalls Industries	$11.45B	$2.75B
CW	Curtiss-Wright	$2.85B	$798.92M
HXL	Hexcel	$1.79B	$456.50M

NOC Revenue FAQ

What is Northrop Grumman’s yearly revenue?

Northrop Grumman's yearly revenue for 2023 was $39.29B, representing an increase of 7.34% compared to 2022. The company's yearly revenue for 2022 was $36.6B, representing an increase of 2.62% compared to 2021. NOC's yearly revenue for 2021 was $35.67B, representing a decrease of -3.08% compared to 2020.

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 (2021-2023) was 10.16%, and for the last 5 years (2019-2023) was 16.10%.

What are Northrop Grumman’s revenue streams?

Northrop Grumman's revenue streams in c 23 are Aeronautics Systems, Mission Systems, Space Systems, Service, Product, and Defense Systems. Aeronautics Systems generated $10.79B in revenue, accounting 13.35% of the company's total revenue Mission Systems generated $10.9B in revenue, accounting 13.49% of the company's total revenue Space Systems generated $13.95B in revenue, accounting 17.26% of the company's total revenue Service generated $8.39B in revenue, accounting 10.39% of the company's total revenue, up 3.87% year-over-year. Product generated $30.9B in revenue, accounting 38.25% of the company's total revenue, up 8.33% year-over-year. Defense Systems generated $5.86B in revenue, accounting 7.26% of the company's total revenue

What is Northrop Grumman’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Northrop Grumman was Product. This segment made a revenue of $30.9B, representing 38.25% of the company's total revenue.