Northrop Grumman Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Northrop Grumman Corporation (NOC). It shows which part of the business is growing — and which one is holding it back.
Revenue by region
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| United States | $8.18B 86.4% | $8.95B 86.5% | $8.60B 87.0% | $9.33B 85.8% |
| Europe | $704.0M 7.4% | $752.0M 7.3% | $686.0M 6.9% | $828.0M 7.6% |
| Asia/Pacific | $417.0M 4.4% | $452.0M 4.4% | $442.0M 4.5% | $536.0M 4.9% |
| All other | $165.0M 1.7% | $197.0M 1.9% | $153.0M 1.5% | $179.0M 1.6% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| Product | $7.52B 79.4% | $8.26B 79.8% | $7.96B 80.5% | $8.81B 81.0% |
| Service | $1.95B 20.6% | $2.09B 20.2% | $1.92B 19.5% | $2.07B 19.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Remaining performance obligations
Remaining performance obligations are the part of the business already sold but not yet delivered and therefore not yet booked as revenue. In subscription and project businesses it points the way earlier than revenue does.
| As of | Remaining performance obligations |
|---|---|
| Q2 2026 | $104.70B |
| Q1 2026 | $95.60B |
| Q4 2025 | $95.70B |
| Q3 2025 | $91.40B |
| Q2 2025 | $89.70B |
| Q1 2025 | $92.80B |
| Q4 2024 | $91.50B |
| Q3 2024 | $84.80B |
Operating metrics
Operating metrics are the figures a company uses to measure its own business — customer counts, stores, deliveries or the churn rate. None of them appear in the financial statements, and they often explain earlier than revenue does why revenue is moving.
| Metric | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| Total backlog | $89.74B | $91.45B | $95.61B | $104.70B +16.7% |
| Defense Systems backlog | $27.03B | $27.10B | $27.73B | $34.68B +28.3% |
| Space Systems backlog | $21.62B | $23.70B | $25.81B | $26.98B +24.8% |
| Aeronautics Systems backlog | $23.54B | $22.45B | $24.27B | $24.57B +4.3% |
| Quarterly net awards | $7.40B | $12.20B | $9.80B | $20.00B +170.3% |
| Mission Systems backlog | $17.54B | $18.20B | $17.80B | $18.47B +5.2% |
These metrics are not part of the financial statements; they sit in the narrative text of the filings. We read them out of the SEC filings using artificial intelligence and check every single figure against the original passage in the report; anything that is not found there verbatim is discarded. Source: SEC EDGAR (annual and quarterly reports, 10-K/10-Q).
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.