AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

NOC · NYSE · Aerospace & Defense

Northrop Grumman (NOC)

Defense prime for stealth aircraft, strategic missiles, mission electronics, and space systems.

$507.92

vs last close−18.74 (−3.56%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	9,775	10,638	10,133	10,218	9,996	10,686	9,468	10,351	10,423	11,712	9,881	10,876
Cost of revenue	7,734	10,153	8,000	8,027	7,890	8,754	7,888	8,141	8,196	9,416	7,921	8,755
Gross profit	2,041	485	2,133	2,191	2,106	1,932	1,580	2,210	2,227	2,296	1,960	2,121
	1,025	878	1,062	1,101	986	843	1,007	785	985	1,256	971	1,025
Research & development	0	1,200	0	0	0	1,100	0	0	0	0	0	0
	893	1,167	894	934	818	247	877	879	849	1,025	805	1,025
Selling & marketing	−132	289	−168	−167	−168	−596	−130	−137	−136	0	−166	0
General & administrative	1,025	878	1,062	1,101	986	843	1,007	1,016	985	1,025	971	1,025
Other expenses	132	−1,489	168	167	168	−504	130	−94	136	231	166	0
Operating income	1,016	−393	1,071	1,090	1,120	1,089	573	1,425	1,242	1,040	989	1,096
	102	−364	60	56	68	462	5	2	81	700	41	72
Interest expense	141	128	146	154	161	160	156	173	161	175	162	161
Other non-operating income	−243	236	−168	−167	−229	−622	−161	−175	−242	−875	−203	−233
Income before tax	1,118	−757	1,131	1,146	1,188	1,551	578	1,427	1,323	1,740	1,030	1,168
Income tax expense	181	−222	187	206	162	287	97	253	223	313	155	74
Net income from continuing operations	937	−535	944	940	1,026	1,264	481	1,174	1,100	1,427	875	1,094
Net income	937	−535	944	940	1,026	1,264	481	1,174	1,100	1,427	875	1,094
EPS, basic	$6.20	−$3.54	$6.34	$6.37	$7.02	$8.66	$3.33	$8.17	$7.69	$9.99	$6.16	$7.70
EPS, diluted	$6.18	−$3.54	$6.32	$6.36	$7.00	$8.66	$3.32	$8.15	$7.67	$9.99	$6.14	$7.68
Weighted average shares, basic	151	151	149	148	146	147	145	144	143	143	142	142
Weighted average shares, diluted	152	151	149	148	147	147	145	144	144	143	143	142
EBITDA	1,576	−229	1,538	1,583	1,680	2,125	1,071	1,950	1,863	2,321	1,564	1,696
Depreciation & amortization	317	400	299	326	331	414	337	350	379	406	372	367
EBIT	1,259	−629	1,239	1,257	1,349	1,711	734	1,600	1,484	1,915	1,192	1,329