earnings
confidence high
sentiment positive
materiality 0.75
Northrop Grumman Q1 EPS $6.14 (+85% YoY); sales $9.9B (+4%); backlog $96B; reaffirms FY outlook
NORTHROP GRUMMAN CORP /DE/
2026-Q1 EPS reported
$6.14
revenue$9,881,000,000
- EPS $6.14, net earnings $875M (+82%); sales $9.9B (+4% YoY, +5% organic).
- Aeronautics Systems sales +17% to $3.3B on B-21 expansion; Defense Systems +5%; Mission Systems +2%.
- Space Systems -3% (NGI wind-down); $71M unfavorable charge on GEM 63XL launch anomaly.
- Net awards $9.8B; backlog $95.6B; reaffirms FY2026 guidance for sales, segment op income, and free cash flow.
- Segment operating income $1.07B (+89%); segment margin 10.8% vs 6.0% a year ago.