| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 9.9K | 4.4% |
| Total Income | 9.9K | 4.4% |
| Expenditure | 8.9K | 0.0% |
| PBT | 1.0K | 78.2% |
| Net Profit | 875.00 | 81.9% |
| OPM | 10.01% | 3.96pp |
| NPM | 8.86% | 3.78pp |
| EPS | 6.16 | 85.0% |
Northrop Grumman Reports Q1 2026 Sales Increase 4% to $9.9 Billion
21 Apr 2026 · 21 Apr, 4:14 pm
Summary
Northrop Grumman reported a 4 percent increase in sales for the first quarter of 2026, reaching $9.9 billion compared to $9.5 billion in the same period of 2025. Net earnings for the quarter totaled $875 million, or $6.14 per diluted share, a significant increase from $481 million, or $3.32 per diluted share, in the first quarter of 2025. Kathy Warden, chair, chief executive officer and president, highlighted the company's strong first quarter results, robust bookings, mid-single-digit organic sales growth, and solid operating performance. The company reaffirmed its 2026 financial guidance.
Key Highlights
- 1
Northrop Grumman reached agreements with the U.S. Air Force to increase B-21 production capacity and accelerate Sentinel initial operating capability.
- 2
The company experienced continued strong demand with net awards of $9.8 billion and a backlog of $96 billion.
- 3
First quarter sales increased 4 percent to $9.9 billion, compared to $9.5 billion in the first quarter of 2025.
- 4
Operating income increased to $989 million, resulting in an operating margin rate increase to 10.0 percent.
- 5
Diluted earnings per share (EPS) increased to $6.14 in the first quarter of 2026.
- 6
The company reaffirms its 2026 financial guidance for sales, segment operating income, MTM-adjusted EPS, and free cash flow.
Management Comments
Kathy Warden
Northrop Grumman delivered strong first quarter results, with continued robust bookings, mid-single-digit organic sales growth, and solid operating performance, underscoring our ability to deliver in today’s unprecedented global demand environment. With our diverse portfolio, robust manufacturing capacity, and proven performance, we’re delivering differentiating technology at speed and scale in support of our customers’ needs.
Informational and educational content only. Not investment advice.