---
schema_version: "secwatch.filing_event.v1"
accession: "0001133421-22-000041"
form_type: "8-K"
ticker: "NOC"
cik: "0001133421"
company_name: "NORTHROP GRUMMAN CORP /DE/"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:35:56.149067+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Northrop Grumman Q3 EPS $5.89, sales up 3%; FY22 guidance near low end

## Summary
- Diluted EPS $5.89 (down 11% YoY), includes $0.18 hit from marketable securities; net earnings $915M.
- Sales $9.0B (+3% YoY) led by Space Systems (+18%); Aeronautics down 7%, Defense Systems down 5%.
- Segment operating margin rate 11.2% (down 70bps) due to lower net EAC adjustments from inflationary pressure.
- Operating cash flow $1.335B (+15% YoY); adjusted free cash flow $1.139B (+21%).
- FY2022 guidance: sales & EPS near low end ($36.2-36.6B; $24.50-25.10); FCF $1.5-1.8B unchanged.

## SEC filing metadata
- accession: 0001133421-22-000041
- form_type: 8-K
- ticker: NOC
- cik: 0001133421
- company_name: NORTHROP GRUMMAN CORP /DE/
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1133421/000113342122000041/0001133421-22-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1133421/000113342122000041/noc-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001133421-22-000041
- JSON: https://secwatch.observer/filing/0001133421-22-000041.json
- Plain text: https://secwatch.observer/filing/0001133421-22-000041.txt

## Key facts
- Earnings Releases
  NORTHROP GRUMMAN CORP /DE/ reported FY 2022 results: revenue approximately $36.2 — $36.6 billion, EPS $24.50 — $25.10. Guidance reaffirmed.
  - Period: FY 2022
  - Revenue: approximately $36.2 — $36.6 billion
  - EPS: $24.50 — $25.10
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The company expects 2022 sales and diluted earnings per share near the low end of our guidance ranges of approximately $36.2 — $36.6 billion and $24.50 — $25.10, respectively. We continue to expect transaction-adjusted free cash flow 1 of $1.5 — $1.8 billion based on current tax law, which requires the amortization of current year research and development expenditures over five years.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342122000041/0001133421-22-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.