Northrop Grumman · Q3 2026 · Earnings analysis
Aeronautics supplies Northrop’s segment profit increase
Aircraft and missiles drive sales higher, while contract estimates, taxes and a B-21 asset payment complicate the read-through to profit and cash.
NOC · Q3 2026
Northrop Grumman
Tuesday, October 20 · 9:30 AM EDT
Results available
Fiscal period ended 2026-09-30.
Full analysis below.
Earnings analysis
Coming into the quarter
Second quarter 2026. Period ended 2026-06-30. Company-wide figures unless noted.
First takes
Defense Systems drives most of Northrop Grumman's backlog growth this year
Through September, Defense Systems accounts for about 62% of Northrop Grumman's backlog increase since the end of 2025.
No official call questions and answers available here for this quarter.
Follow the reporting
Schedule changes
- 2026-10-12: Tuesday, October 20 · Time not announced; scheduled.
- 2026-10-20: Tuesday, October 20 · 9:30 AM EDT; scheduled.