Filing Flows › Northrop Grumman (NOC) › Guidance & outlook

Northrop Grumman (NOC) guidance and outlook

Northrop Grumman (NOC) raised its guidance on Oct 20, 2026: Revenue $43.8B–$44.2B for FY2026; EPS $1.00 for FY2026; Free cash flow $1.0M for FY2026; Revenue +9% for FY2026. Northrop Grumman's 10-Q filed Oct 20, 2026 makes 8 forward-looking statements, 0 of them new and 0 no longer said since the filing before.

Guidance and outlook

Latest guidance

From the earnings release filed Oct 20, 2026 (8-K on EDGAR).

Forward-looking statements, 10-Q filed Oct 20, 2026

• We continue to monitor developments in these regions, but have not experienced, and do not anticipate experiencing, significant adverse financial impacts directly from these conflicts.
• The full impact of these governmental actions on macroeconomic conditions and on our business is uncertain, difficult to predict and depends on a number of factors, including the extent and duration of tariffs, the availability of exemptions, changes in the amount and scope of tariffs, any reversal or temporary suspension of announced tariffs, the availability of refunds for tariffs paid under IEEPA, the…
• We are continuing to monitor the impact on our business, suppliers and customers, but do not believe that the tariffs, including the IEEPA tariffs, have had or will have a material adverse effect on our business.
• Current and future requirements related to the conflicts in Ukraine and Iran and threats in the Middle East, the Western Pacific and Latin America and other security priorities, as well as the macroeconomic environment, the national debt, and other domestic priorities, among other things, in the U.S. and globally, will continue to impact our customers’ budgets, spending and priorities, and our industry.
• We anticipate that issues related to budgetary priorities, defense spending levels and the debt ceiling will continue to be subjects of considerable debate, with a potentially significant impact on our programs and the company.
• In light of the ongoing conflicts and heightened global instability as well as political tensions and related legal challenges, we expect continued uncertainty in the global security, U.S. political, budget and regulatory environment.
• We continue to expect to invest approximately $2.5 billion over a multi-year period to expand production capacity; in return, we have the opportunity to earn improved returns on the LRIP and NTE phases of the program.
• We expect cash and cash equivalents and cash generated from operating activities, supplemented by borrowings under credit facilities, commercial paper and/or in the capital markets, if needed, to be sufficient to provide liquidity to the company in the short-term and long-

Northrop Grumman's latest quarter

Questions

Did Northrop Grumman raise or lower its guidance?

Northrop Grumman (NOC) raised its guidance on Oct 20, 2026: Revenue $43.8B–$44.2B for FY2026; EPS $1.00 for FY2026; Free cash flow $1.0M for FY2026; Revenue +9% for FY2026.

What does Northrop Grumman expect?

We continue to monitor developments in these regions, but have not experienced, and do not anticipate experiencing, significant adverse financial impacts directly from these conflicts. The full impact of these governmental actions on macroeconomic conditions and on our business is uncertain, difficult to predict and depends on a number of factors, including the extent and duration of tariffs, the availability of exemptions, changes in the amount and scope of tariffs, any reversal or temporary suspension of announced tariffs, the availability of refunds for tariffs paid under IEEPA, the… We are

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.