Northrop Grumman Q3 FY26: where the revenue came from and where it went
The whole income statement of Northrop Grumman for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2026
Revenue$11.1B
+7% year over year
Gross profit$2.4B
21% margin
Operating profit$1.3B
11% margin
Net profit$1.1B
10% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 11.1 | 100% | +7% |
| Operating | 2.1 | 19% | |
| Mission fixed-price [Member] | 1.7 | 15% | |
| Aeronautics systems [Member] | 1.6 | 14% | |
| Space cost reimbursable | 1.4 | 13% | |
| Space fixed-price [Member] | 1.2 | 11% | |
| Defense cost reimbursable | 1.2 | 10% | |
| Mission cost reimbursable | 1.1 | 10% | |
| Defense fixed-price [Member] | 0.9 | 8% | |
| Cost of revenue | −8.8 | 79% | |
| Gross profit | 2.4 | 21% margin | +0pp |
| G&A | −1.1 | 10% | +0pp |
| Operating profit | 1.3 | 11% margin | −1pp |
| Tax | −0.1 | ||
| Net profit | 1.1 | 10% margin |
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