The earnings call highlighted significant achievements such as record backlog, successful program milestones, and international sales growth. However, challenges such as the substantial B-21 pretax loss, decreased sales, and delayed contract awards were also prominent. The sentiment is balanced with notable positives and negatives.

Company Guidance -

Q1 2025

During Northrop Grumman Corporation's first quarter 2025 conference call, the company provided updated financial guidance while reaffirming its sales and free cash flow outlook for the year. The company reported a record backlog of $92.8 billion, despite delays in certain awards affecting the first quarter sales ramp. Sales in Q1 were $9.5 billion, down 7% year-over-year, primarily due to contracting delays and material receipt timing. The company adjusted for a $477 million pretax loss related to the B-21 program, citing increased manufacturing and material costs. Despite this, Northrop Grumman remains confident in achieving its full-year sales guidance of $42 billion to $42.5 billion, representing 3% to 4% organic growth. The company also highlighted strong international sales, which represented approximately 14% of total sales, with a first-quarter international book-to-bill ratio of 1.45 times and international sales up 11% in the quarter. The company reaffirmed its 2025 free cash flow guidance range of $2.85 billion to $3.25 billion, anticipating the largest cash generation in Q4.

Record Backlog

Northrop Grumman Corporation reported another record backlog in the first quarter of $92.8 billion, inclusive of strong international bookings.

Successful Sentinel Test

The US Air Force and Northrop Grumman Corporation completed a successful static fire test of the stage one solid rocket motor for the Sentinel missile, marking a critical milestone.

International Sales Growth

International sales represented approximately 14% of total sales, with international sales up 11% in the quarter and a first-quarter international book-to-bill of 1.45 times.

IBCS Contract Award

The company received a nearly $500 million contract from the US Army to expand software development for IBCS, including AI and model-based systems engineering capabilities.

New Facility in Alabama

Northrop Grumman Corporation opened a new production and integration facility in Alabama, doubling the size of the previous facility to support air and missile defense systems.

Northrop Grumman (NOC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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NOC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 22, 2025	2025 (Q2)	6.66 / -	6.36	―	―	―
Apr 22, 2025	2025 (Q1)	6.24 / 3.32	6.32	-47.47% (-3.00)
Jan 30, 2025	2024 (Q4)	6.35 / 6.39	6.27	1.91% (+0.12)
Oct 24, 2024	2024 (Q3)	6.08 / 7.00	6.18	13.27% (+0.82)
Jul 25, 2024	2024 (Q2)	5.93 / 6.36	5.34	19.10% (+1.02)
Apr 25, 2024	2024 (Q1)	5.78 / 6.32	5.5	14.91% (+0.82)
Jan 25, 2024	2023 (Q4)	5.80 / 6.27	7.5	-16.40% (-1.23)
Oct 26, 2023	2023 (Q3)	5.81 / 6.18	5.89	4.92% (+0.29)
Jul 27, 2023	2023 (Q2)	5.33 / 5.34	6.06	-11.88% (-0.72)
Apr 27, 2023	2023 (Q1)	5.09 / 5.50	6.1	-9.84% (-0.60)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NOC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 22, 2025	$461.87	$470.40	+1.85%
Jan 30, 2025	$477.11	$478.92	+0.38%
Oct 24, 2024	$509.49	$516.68	+1.41%
Jul 25, 2024	$434.49	$462.45	+6.44%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Northrop Grumman Corp. (NOC) report earnings?

Northrop Grumman Corp. (NOC) is schdueled to report earning on Jul 22, 2025, Before Open (Confirmed).

What is Northrop Grumman Corp. (NOC) earnings time?

Northrop Grumman Corp. (NOC) earnings time is at Jul 22, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NOC EPS forecast?

NOC EPS forecast for the fiscal quarter 2025 (Q2) is 6.66.

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