Northrop Grumman Quarterly Cash Flow Statement
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Northrop Grumman free cash flow
In the quarter ended Jun 30, 2026, Northrop Grumman generated $1.28 billion of operating cash flow and spent $302.0 million on capital expenditures. That left free cash flow of $978.0 million, a free-cash-flow margin of 9.0% of revenue. Free cash flow was up 53.5% from the prior year's $637.0 million.
Northrop Grumman returned $351.0 million to shareholders through dividends, equal to 36% of free cash flow. Free cash flow covered dividend payments 2.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Northrop Grumman cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.09B | 875.00M | 1.43B | 1.10B | 1.17B | 481.00M | 1.26B | 1.03B | 940.00M | 944.00M | -535.00M | 937.00M |
| Net Income growth (YoY) | -6.81% | +81.91% | +12.90% | +7.21% | +24.89% | -49.05% | — | +9.50% | +15.76% | +12.11% | -125.72% | +2.40% |
| Depreciation & Amortization | 367.00M | 372.00M | 406.00M | 379.00M | 350.00M | 337.00M | 414.00M | 331.00M | 326.00M | 299.00M | 400.00M | 317.00M |
| Stock-Based Compensation | 29.00M | 20.00M | 54.00M | 25.00M | 20.00M | 20.00M | 29.00M | 26.00M | 26.00M | 20.00M | 23.00M | 17.00M |
| Change in Working Capital | 39.00M | -1.56B | 921.00M | -64.00M | 78.00M | -1.16B | 973.00M | -116.00M | -339.00M | -1.17B | 1.49B | 677.00M |
| Operating Cash Flow | 1.28B | -1.66B | 3.90B | 1.56B | 868.00M | -1.56B | 2.58B | 1.09B | 1.43B | -706.00M | 2.43B | 1.23B |
| Capital Expenditures | -302.00M | -167.00M | -662.00M | -301.00M | -231.00M | -256.00M | -816.00M | -361.00M | -320.00M | -270.00M | -803.00M | -359.00M |
| Investing Cash Flow | -196.00M | -168.00M | -664.00M | -300.00M | 61.00M | -252.00M | -798.00M | -361.00M | -321.00M | -269.00M | -770.00M | -200.00M |
| Dividends Paid | -351.00M | -333.00M | -329.00M | -330.00M | -332.00M | -302.00M | -299.00M | -301.00M | -303.00M | -283.00M | -282.00M | -280.00M |
| Share Repurchases | 0 | -68.00M | -456.00M | -277.00M | -411.00M | -480.00M | -441.00M | -321.00M | -562.00M | -1.19B | -346.00M | -223.00M |
| Debt Issued | — | — | 0 | 0 | 998.00M | 0 | 0 | 0 | 0 | 2.50B | 0 | 0 |
| Debt Repaid | 0 | -527.00M | 0 | 0 | 0 | -1.50B | 0 | 0 | 0 | 0 | 0 | — |
| Financing Cash Flow | -867.00M | -489.00M | -787.00M | -1.20B | -715.00M | -851.00M | -753.00M | -676.00M | -893.00M | 927.00M | -633.00M | -2.33B |
| Net Change in Cash | — | — | 2.45B | 58.00M | 214.00M | -2.67B | 1.03B | 54.00M | 211.00M | -48.00M | 1.03B | -1.30B |
| Free Cash Flow | 978.00M | -1.82B | 3.23B | 1.26B | 637.00M | -1.82B | 1.76B | 730.00M | 1.10B | -976.00M | 1.63B | 869.00M |
This table shows 12 quarterly periods of Northrop Grumman's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow NOC's reporting calendar. What is a cash flow statement?