Northrop Grumman (NOC) Revenue & Revenue Breakdown
Northrop Grumman Revenue Highlights
Latest Revenue (Y)
$39.29B
Latest Revenue (Q)
$10.22B
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 |
|---|---|---|
| 2024-06-30 | $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 $10.22B in revenue during Q2 2024, up 0.84% compared to the previous quarter, and up 109.86% 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 |
|---|---|---|---|---|---|
| Product | $30.90B | $28.52B | $27.87B | $27.02B | $23.85B |
| Service | $8.39B | $8.08B | $7.80B | $9.78B | $9.99B |
Northrop Grumman's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (78.64%), and Service (21.36%).
Quarterly Revenue by Product
| Product/Service | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Defense Systems | $951.00M | $3.31B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Space Systems | $3.49B | $3.91B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Mission Systems | $2.05B | $5.11B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Aeronautics Systems | $2.54B | $4.11B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $5.88B |
| 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 | $2.58B |
Northrop Grumman's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Space Systems (38.66%), Aeronautics Systems (28.13%), Mission Systems (22.68%), and Defense Systems (10.53%).
Northrop Grumman Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Europe | $2.46B | - | - | - | - |
| Asia Pacific | $1.57B | - | - | - | - |
| 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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe | $667.00M | $667.00M | $640.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asia Pacific | $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 | $2.39B |
Northrop Grumman's latest quarterly revenue breakdown by geography, as of Jun 24: Europe (63.89%), and Asia Pacific (36.11%).
Northrop Grumman Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BA | Boeing Company | $77.79B | $16.87B |
| RTX | RTX | $68.92B | $19.72B |
| LMT | Lockheed Martin | $67.57B | $18.12B |
| GD | General Dynamics | $42.27B | - |
| NOC | Northrop Grumman | $39.29B | $10.22B |
| LHX | L3Harris | $19.42B | $5.30B |
| HII | Huntington Ingalls Industries | $11.45B | $2.98B |
| CW | Curtiss-Wright | $2.85B | $784.79M |
| HXL | Hexcel | $1.79B | $499.90M |
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 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). The company'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). NOC's quarterly revenue for Q4 2023 was $10.64B, a 8.83% increase from the previous quarter (Q3 2023), and a 6.03% increase year-over-year (Q4 2022).
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 Product, and Service. Product generated $30.9B in revenue, accounting 78.64% of the company's total revenue, up 8.33% year-over-year. Service generated $8.39B in revenue, accounting 21.36% of the company's total revenue, up 3.87% year-over-year.
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 78.64% of the company's total revenue.