Northrop Grumman (NOC) Revenue — Quarter Ended Sep 30, 2023
Revenue increased compared to both the prior quarter and the same quarter last year. The growth reflects higher product and service sales.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased compared to both the prior quarter and the same quarter last year. The growth reflects higher product and service sales.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.8B
Revenue reported for this quarter.
Quarter-over-quarter
+2.1%
Change from the immediately preceding quarter.
Year-over-year
+9.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$38.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $10B | +16.1% |
| Mar 31, 2023 | $9.3B | +5.7% |
| Jun 30, 2023 | $9.6B | +8.8% |
| Sep 30, 2023 | $9.8B | +9.0% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, continuing an upward trend seen over recent periods.
Quarterly comparison
Revenue was higher than the same quarter one year earlier, with both product and service segments contributing to the increase.
What to watch
The filing context does not provide specific risk or management commentary for this quarter.