NORTHROP GRUMMAN CORP /DE/
For the period ended Jun 30, 2025. Filed Jul 22, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 22, 2025
NOC$548.61+1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Earnings and Comprehensive Income
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (Unaudited)
| Three Months Ended June 30 | Six Months Ended June 30 | |||
|---|---|---|---|---|
| $ in millions, except per share amounts | 2025 | 2024 | 2025 | 2024 |
| Sales | ||||
| Product | $8,258 | $8,076 | $15,779 | $16,178 |
| Service | 2,093 | 2,142 | 4,040 | 4,173 |
| Total sales | 10,351 | 10,218 | 19,819 | 20,351 |
| Operating costs and expenses | ||||
| Product | 6,526 | 6,388 | 12,892 | 12,799 |
| Service | 1,615 | 1,639 | 3,137 | 3,228 |
| General and administrative expenses | 1,016 | 1,101 | 2,023 | 2,163 |
| Total operating costs and expenses | 9,157 | 9,128 | 18,052 | 18,190 |
| Gain on sale of business | 231 | — | 231 | — |
| Operating income | 1,425 | 1,090 | 1,998 | 2,161 |
| Other (expense) income | ||||
| Interest expense | (173) | (154) | (329) | (300) |
| Non-operating FAS pension benefit | 137 | 167 | 267 | 335 |
| Other, net | 38 | 43 | 69 | 81 |
| Earnings before income taxes | 1,427 | 1,146 | 2,005 | 2,277 |
| Federal and foreign income tax expense | 253 | 206 | 350 | 393 |
| Net earnings | $1,174 | $940 | $1,655 | $1,884 |
| Basic earnings per share | $8.17 | $6.37 | $11.48 | $12.72 |
| Weighted-average common shares outstanding, in millions | 143.7 | 147.5 | 144.2 | 148.1 |
| Diluted earnings per share | $8.15 | $6.36 | $11.45 | $12.69 |
| Weighted-average diluted shares outstanding, in millions | 144.0 | 147.7 | 144.5 | 148.5 |
| Net earnings (from above) | $1,174 | $940 | $1,655 | $1,884 |
| Other comprehensive income (loss), net of tax | ||||
| Change in cumulative translation adjustment | 7 | (1) | 9 | — |
| Change in other, net | 11 | (2) | 19 | (18) |
| Other comprehensive income (loss), net of tax | 18 | (3) | 28 | (18) |
| Comprehensive income | $1,192 | $937 | $1,683 | $1,866 |
-1-
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.