NOC's Growth Comparisons in II. Quarter 2026
Northrop Grumman's Revenue slowed to the 5.07% year on year, improvement in the second quarter 2026 to 10.88 billions, underperforming the 9.54% growth in the Aerospace & Defense industry and 9.66% Revenue growth in the Capital Goods sector. Slow second quarter sales, in the Aerospace & Defense industry and Capital Goods sector, were portrayed in Northrop Grumman Corp results which underperformed overall market.
Top-line improved by 10.07% from the first quarter. Looking into annual sales rise of 2.66%, and S & P 500's average yearly sales growth is 10.59% over the five years, including only Businesses with the second quarter 2026 Results. Northrop Grumman grew less than the market.
| Segment Name |
Y / Y |
Sequential |
| Product |
|
5.81 % |
- |
| Service |
|
-1.23 % |
- |
| Aeronautics Systems |
|
16.67 % |
- |
| Defense Systems |
|
5.21 % |
- |
| Mission Systems |
|
1.92 % |
- |
| Space Systems |
|
-3.43 % |
- |
| US Government |
|
5.5 % |
- |
| International 2 |
|
-0.39 % |
- |
| Other Customers |
|
-14.47 % |
- |
| Aeronautics Systems US Government |
|
17.64 % |
- |
| Aeronautics Systems International 2 |
|
12.97 % |
- |
| Aeronautics Systems Other Customers |
|
200 % |
- |
| Aeronautics Systems InterSales |
|
-17.07 % |
- |
| Defense Systems US Government |
|
9.65 % |
- |
| Defense Systems International 2 |
|
-18.69 % |
- |
| Defense Systems Other Customers |
|
5 % |
- |
| Defense Systems InterSales |
|
15.56 % |
- |
| Mission Systems US Government |
|
0.3 % |
- |
| Mission Systems International 2 |
|
-2.32 % |
- |
| Mission Systems Other Customers |
|
37.5 % |
- |
| Mission Systems InterSales |
|
14.93 % |
- |
| Space Systems US Government |
|
-4.72 % |
- |
| Space Systems International 2 |
|
-4.55 % |
- |
| Space Systems Other Customers |
|
-39.09 % |
- |
| Space Systems InterSales |
|
62.86 % |
- |
| Cost Reimbursable |
|
-1.42 % |
- |
| Fixed-price |
|
10.85 % |
- |
| Aeronautics Systems Cost Reimbursable |
|
1.49 % |
- |
| Aeronautics Systems Fixed-price |
|
31.8 % |
- |
| Defense Systems Cost Reimbursable |
|
10.47 % |
- |
| Defense Systems Fixed-price |
|
-1.76 % |
- |
| Mission Systems Cost Reimbursable |
|
1.55 % |
- |
| Mission Systems Fixed-price |
|
-1.07 % |
- |
| Space Systems Cost Reimbursable |
|
-13.64 % |
- |
| Space Systems Fixed-price |
|
6.07 % |
- |
| United States |
|
5.11 % |
- |
| Asia Pacific |
|
6 % |
- |
| Europe |
|
-2.56 % |
- |
| All other |
|
-7.27 % |
- |
| Aeronautics Systems United States |
|
18.04 % |
- |
| Aeronautics Systems Asia Pacific |
|
14.5 % |
- |
| Aeronautics Systems Europe |
|
7.43 % |
- |
| Aeronautics Systems All other |
|
144.44 % |
- |
| Defense Systems United States |
|
9.59 % |
- |
| Defense Systems Asia Pacific |
|
0 % |
- |
| Defense Systems Europe |
|
-26.47 % |
- |
| Defense Systems All other |
|
-23.68 % |
- |
| Mission Systems United States |
|
0.75 % |
- |
| Mission Systems Asia Pacific |
|
-10.94 % |
- |
| Mission Systems Europe |
|
5.44 % |
- |
| Mission Systems All other |
|
-9.26 % |
- |
| Space Systems United States |
|
-6.28 % |
- |
| Space Systems Asia Pacific |
|
125 % |
- |
| Space Systems Europe |
|
-23.08 % |
- |
| Space Systems All other |
|
-60 % |
- |
| Total |
|
4.36 % |
- |
Facing -5.77% year on year income per share decrease in the second quarter, to $ 7.68, Northrop Grumman reported smaller declines than the Aerospace & Defense industry with -7.84% but underperformed the 4.36% EPS growth in the Capital Goods sector. Slow second quarter 2026 income per share, in Aerospace & Defense industry and within the Capital Goods sector, were portrayed in Northrop Grumman Corp results which underperformed overall market.
The company's sequential bottom-line increase was 25.08% from the first quarter. Average annual income per share rise for Northrop Grumman is 8.85%, while S & P 500's average yearly income per share growth is 22.96% over the five years, including only Businesses with the second quarter 2026 earnings results.