Filing Flows › Northrop Grumman (NOC) › Guidance history
Northrop Grumman (NOC) guidance history: what it guided and what it reported
Northrop Grumman gave guidance in 12 earnings releases on file since Jan 25, 2024. Of 3 guided periods since reported, it met or beat its own guidance 3 times (100%). Revenue: 2 of 2, on average 0.0% against the guided midpoint. Its releases raised guidance 8 times and lowered it twice.
Revenue
Met or beat 2 of 2 periods (1 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $43.5B–$44.0B (Jan 27, 2026) → reaffirmed $43.5B–$44.0B (Apr 21, 2026) → raised $43.8B–$44.2B (Jul 21, 2026) → reaffirmed $43.8B–$44.2B (Oct 20, 2026) | — | to be reported | — |
| FY2025 | $42.0B–$42.5B (Jan 30, 2025) → reaffirmed $42.0B–$42.5B (Apr 22, 2025) → lowered $42.0B–$42.2B (Jul 22, 2025) → lowered $41.7B–$41.9B (Oct 21, 2025) | $42.0B | above the range | +0.4% |
| FY2024 | $40.8B–$41.2B (Jan 25, 2024) → reaffirmed $40.8B–$41.2B (Apr 25, 2024) → reaffirmed $40.8B–$41.2B (Jul 25, 2024) → raised $41.0B–$41.4B (Oct 24, 2024) | $41.0B | within the range | -0.4% |
Adjusted revenue
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $43.8B–$44.2B (Jul 21, 2026) | — | to be reported | — |
| FY2024 | $41.0B–$41.4B (Jul 25, 2024) | — | — | — |
Operating margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 8.6% (Jul 21, 2026) | — | to be reported | — |
| FY2025 | 12.7% (Jul 22, 2025) | — | — | — |
Operating income
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $4.2B–$4.3B (Jan 25, 2024) → reaffirmed $4.2B–$4.3B (Apr 25, 2024) → reaffirmed $4.2B–$4.3B (Jul 25, 2024) | — | — | — |
Tax rate
Met or beat 1 of 1 periods (0 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | 17.0% (Jan 25, 2024) → reaffirmed 17.0% (Apr 25, 2024) → reaffirmed 17.0% (Jul 25, 2024) | 16.8% | within the range | -0.2 pts |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $660M (Jan 25, 2024) → reaffirmed $660M (Apr 25, 2024) → reaffirmed $660M (Jul 25, 2024) | — | — | — |
The latest quarter
Northrop Grumman, Q3 2026: revenue $11.1B (+7% year over year), operating margin 11.4%, net earnings $1.1B, operating cash flow $1.7B. The chart follows the revenue to costs, profit and cash.
Questions
Does Northrop Grumman beat its guidance?
Northrop Grumman gave guidance in 12 earnings releases on file since Jan 25, 2024. Of 3 guided periods since reported, it met or beat its own guidance 3 times (100%). Revenue: 2 of 2, on average 0.0% against the guided midpoint.
How often does Northrop Grumman raise guidance?
Its earnings releases raised guidance 8 times and lowered it twice since Jan 25, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.