Quarterly ResultApr 21, 2026, 06:51 AM
Northrop Grumman Q1 2026 EPS Jumps to $6.14; Sales Up 4% to $9.9B
AI Summary
Northrop Grumman reported strong first quarter 2026 financial results, with sales increasing 4 percent to $9.9 billion, up from $9.5 billion in Q1 2025. Diluted earnings per share significantly rose to $6.14, compared to $3.32 in the prior year period. The company also secured $9.8 billion in net awards, contributing to a robust backlog of $96 billion, and reaffirmed its 2026 financial guidance for sales, operating income, EPS, and free cash flow.
Key Highlights
- Q1 2026 sales increased 4% to $9.9 billion.
- Diluted EPS rose to $6.14 from $3.32 year-over-year.
- Net awards reached $9.8 billion, with a total backlog of $96 billion.
- Operating income increased to $989 million, with a 10.0% margin.
- Company reaffirms 2026 financial guidance.