Recent Press Releases & News
NOC earnings at a glance
The options market is pricing a move of about ±3.4% after the report, a range of roughly $533.80 to $570.90 from today's $552.35. Over its last 6 reports the stock rose the next day 2 times and fell 4, moving ±5.7% on average; after the most recent report on Jul 21, 2026 it moved -2.2%. That means options currently expect less movement than NOC has typically delivered. NOC beat the consensus EPS estimate in 5 of its last 6 reported quarters. Implied volatility is currently 28%. The share price of $552.35 sits in the middle of its 52-week range.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Tue Jul 21, 2026 | Jun/2026 | $7.68 | $6.84 | +12.3% | -3.8% | -2.2% | earnings |
| Tue Apr 21, 2026 | 8K 2026-04-21 | $6.14 | $6.08 | +1.0% | — | -7.0% | earnings |
| Tue Jan 27, 2026 | 8K 2026-01-27 | $7.23 | $7.00 | +3.3% | — | +2.7% | earnings |
| Tue Oct 21, 2025 | Sep/2025 | $7.67 | $6.49 | +18.2% | — | -0.4% | earnings |
| Tue Jul 22, 2025 | Jun/2025 | $7.11 | $6.71 | +6.0% | — | +9.4% | earnings |
| Tue Apr 22, 2025 | Mar/2025 | $6.06 | $6.21 | -2.4% | — | -12.7% | earnings |
| Mon Sep 30, 2024 | Sep 2024 | $7.00 | — | — | — | — | financials |
| Sun Jun 30, 2024 | Jun 2024 | $6.36 | — | — | — | — | financials |
| Sun Mar 31, 2024 | Mar 2024 | $6.32 | — | — | — | — | financials |
| Sat Sep 30, 2023 | Sep 2023 | $6.18 | — | — | — | — | financials |
| Fri Jun 30, 2023 | Jun 2023 | $5.34 | — | — | — | — | financials |
| Fri Mar 31, 2023 | Mar 2023 | $5.50 | — | — | — | — | financials |
Financials
Income statement (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.88B | $9.88B | — | $10.42B | $10.35B | $9.47B | — | $10.00B |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $1.10B | $989M | — | $1.24B | $1.43B | $573M | — | $1.12B |
| Net income | $1.09B | $875M | — | $1.10B | $1.17B | $481M | — | $1.03B |
| EPS (diluted) | $7.68 | $6.14 | — | $7.67 | $8.15 | $3.32 | — | $7.00 |
Balance sheet (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.31B | $2.09B | $4.40B | $1.96B | $1.90B | $1.69B | $4.35B | $3.33B |
| Inventory | $1.42B | $1.45B | $1.31B | $1.61B | $1.55B | $1.58B | $1.46B | $1.65B |
| Total current assets | $15.59B | $14.77B | $15.29B | $14.11B | $14.03B | $13.27B | $14.27B | $14.33B |
| Total assets | $50.76B | $50.01B | $51.38B | $49.30B | $49.45B | $48.47B | $49.36B | $48.29B |
| Long-term debt | $14.43B | $14.41B | $15.16B | $15.16B | $15.16B | $14.17B | $14.69B | $14.69B |
| Total liabilities | $32.88B | $32.89B | $34.70B | $33.31B | $33.98B | $33.48B | $34.07B | $33.54B |
| Total equity | $17.88B | $17.11B | $16.67B | $15.99B | $15.47B | $14.98B | $15.29B | $14.75B |
Implied volatility — last 90 days
Sector peers
NOC earnings FAQ
What is NOC's expected move for earnings?
Options currently price a move of about ±3.4%, or $18.55 per share either way from $552.35.
How does NOC stock usually react to earnings?
Across the last 6 reports the average next-day move was ±5.7%, up 2 times and down 4 times.
What is NOC's implied volatility?
NOC's at-the-money implied volatility is about 28% based on the latest options snapshot.