Northrop Grumman (NOC) Revenue — Quarter Ended Dec 31, 2023
Revenue increased relative to the prior quarter and the same quarter a year ago. The company posted higher revenue on both a sequential and year-over-year basis.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased relative to the prior quarter and the same quarter a year ago. The company posted higher revenue on both a sequential and year-over-year basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.6B
Revenue reported for this quarter.
Quarter-over-quarter
+8.8%
Change from the immediately preceding quarter.
Year-over-year
+6.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$39.3B
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 |
|---|---|---|
| Mar 31, 2023 | $9.3B | +5.7% |
| Jun 30, 2023 | $9.6B | +8.8% |
| Sep 30, 2023 | $9.8B | +9.0% |
| Dec 31, 2023 | $10.6B | +6.0% |
Revenue performance
The revenue direction was positive, with growth from the preceding quarter and from the comparable prior-year period.
Quarterly comparison
Sequentially, revenue was up from the immediately preceding quarter. Year over year, revenue exceeded the level reported in the same quarter one year earlier.
What to watch
Revenue has risen in each successive quarter over the trailing twelve months.