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Northrop Grumman (NOC) operating margin by quarter

Northrop Grumman's operating margin was 11.4% in Q3 2026 (third quarter 2026), +1.3 pts from Q2 2026. Over the last 7 quarters it ranged from 6.1% (Q1 2025) to 13.8% (Q2 2025).

Northrop Grumman operating margin by quarterNorthrop Grumman operating margin by quarter6.1%Q1 202513.8%Q2 202511.9%Q3 202510.9%Q4 202510.0%Q1 202610.1%Q2 202611.4%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202611.4%+1.3 pts-0.5 pts
Q2 202610.1%+0.1 pts-3.7 pts
Q1 202610.0%-0.8 pts+4.0 pts
Q4 202510.9%-1.1 pts—
Q3 202511.9%-1.9 pts—
Q2 202513.8%+7.7 pts—
Q1 20256.1%——

Q3 2026 at a glance

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

What is Northrop Grumman's operating margin?

Northrop Grumman's operating margin was 11.4% in Q3 2026 (third quarter 2026), +1.3 pts from Q2 2026.

How has Northrop Grumman's operating margin changed?

Over the last 7 quarters it ranged from 6.1% (Q1 2025) to 13.8% (Q2 2025).

Q3 2026 results → · How Northrop Grumman makes money →