Northrop Grumman (NOC) Revenue — Quarter Ended Dec 31, 2024
Revenue increased in the reported quarter compared with the preceding quarter. The reported quarter's revenue also grew compared with the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue increased in the reported quarter compared with the preceding quarter. The reported quarter's revenue also grew compared with the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.7B
Revenue reported for this quarter.
Quarter-over-quarter
+6.9%
Change from the immediately preceding quarter.
Year-over-year
+0.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$41B
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, 2024 | $10.1B | +8.9% |
| Jun 30, 2024 | $10.2B | +6.7% |
| Sep 30, 2024 | $10B | +2.3% |
| Dec 31, 2024 | $10.7B | +0.5% |
Revenue performance
Revenue in the reported quarter was higher than in the immediately preceding quarter, marking a continued upward trend following modest gains in prior quarters. The year-over-year comparison also showed an increase, though at a slower pace than the sequential change.
Quarterly comparison
Relative to the prior quarter, revenue improved, while the increase over the same quarter last year was more modest. This contrasts with a larger sequential gain seen earlier in the fiscal year.
What to watch
The deceleration in year-over-year revenue growth compared to earlier quarters may warrant monitoring of demand trends.