Northrop Grumman Corporation

NOC · NYSE

Northrop Grumman reported FY2025 revenue of $42.0 billion and Q1 2026 revenue of $9.9 billion. The thesis depends on backlog conversion, program execution, margin quality and operating cash flow.

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Latest ReportMay 20, 2026NOC: Northrop needs defense demand to convert into program cash flowView report ->Total Reports1Published reportView all ->Active Discussions0No visible comments yetView discussions ->Member WorkspaceLockedFinancials, timeline, comparisons, scorecard, and discussion require a paid login.View access ->

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NOC: Northrop needs defense demand to convert into program cash flow

Northrop Grumman reported FY2025 revenue of $42.0 billion and Q1 2026 revenue of $9.9 billion. The thesis depends on backlog conversion, program execution, margin quality and operating cash flow.

May 20, 2026Research reportSlides available

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Northrop Grumman CorporationNorthrop needs defense demand to convert into program cash flowMay 20, 2026

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