Core Insights - Northrop Grumman Corporation (NOC) reported fourth-quarter 2025 adjusted earnings of $7.23 per share, exceeding the Zacks Consensus Estimate by 3.3% and reflecting a 13.1% increase from the prior-year quarter [1] - The company achieved total sales of $11.71 billion in the fourth quarter, surpassing the Zacks Consensus Estimate by 0.8% and marking a 9.6% year-over-year increase [3] - NOC's total backlog reached $95.68 billion at the end of the fourth quarter, up from $91.45 billion in the previous quarter, indicating strong program demand [5][8] Financial Performance - Adjusted earnings for 2025 were reported at $26.34 per share, a 1% increase from $26.08 in 2024 [2] - GAAP earnings for the fourth quarter were $9.99 per share, a 15.4% improvement from $8.66 in the same quarter last year [1] - Total operating income for the fourth quarter was $1.27 billion, reflecting a 17% rise from $1.09 billion in the prior-year quarter [11] Sales Breakdown - Aeronautics Systems segment sales rose 17.7% year over year to $3.92 billion, driven by increased volumes in various programs [6] - Mission Systems segment sales increased 9.7% to $3.45 billion, supported by ramp-up in airborne radar programs and higher volumes on F-35 [7] - Defense Systems segment sales climbed 7.2% to $2.15 billion, attributed to higher volumes in multiple programs [8] - Space Systems segment sales rose 5.5% to $2.86 billion, driven by production ramp-up in key programs [9] Operational Metrics - Organic sales for 2025 increased by 3% to $41.8 billion compared to $40.7 billion in 2024 [4] - The company’s cash and cash equivalents totaled $4.40 billion as of December 31, 2025, slightly up from $4.35 billion a year earlier [12] - Long-term debt increased to $15.16 billion from $14.69 billion as of December 31, 2024 [12] Future Guidance - For 2026, NOC expects revenues in the range of $43.5-$44 billion, with the Zacks Consensus Estimate at $43.98 billion [13] - The company anticipates adjusted earnings between $27.40-$27.90 per share, while the Zacks Consensus Estimate stands at $28.78 per share [13] - NOC projects adjusted free cash flow in the range of $3.1-$3.5 billion [14]

Northrop Grumman (NYSE:NOC) Q4 2025 Earnings call January 27, 2026 09:30 AM ET Company ParticipantsJohn Green - CFOKathy Warden - Chair, CEO, and PresidentKen Crews - CFOKristine Liwag - Managing DirectorTodd Ernst - VP of Investor RelationsConference Call ParticipantsRonald Epstein - Senior Equity AnalystScott Deuschle - Research AnalystSheila Kahyaoglu - Aerospace, Defense, and Airlines Equity Research AnalystOperatorToday, ladies and gentlemen, and welcome to Northrop Grumman's fourth quarter 2025 confer ...

Northrop Grumman (NYSE:NOC) Q4 2025 Earnings call January 27, 2026 09:30 AM ET Company ParticipantsDouglas Harned - Managing DirectorGavin Parsons - DirectorJohn Godyn - Managing DirectorJohn Green - CFOKathy Warden - Chair, CEO, and PresidentKen Crews - CFOKen Herbert - Managing DirectorKristine Liwag - Managing DirectorMyles Walton - Managing DirectorRichard Safran - Managing DirectorRobert Stallard - PartnerSeth Seifman - Executive DirectorTodd Ernst - VP of Investor RelationsConference Call Participants ...

Northrop Grumman (NYSE:NOC) Q4 2025 Earnings call January 27, 2026 09:30 AM ET Speaker1Today, ladies and gentlemen, and welcome to Northrop Grumman's fourth quarter 2025 conference call. Today's call is being recorded. My name is Josh, and I will be your operator today. At this time, all participants are in a listen-only mode. I would now like to turn the call over to your host, Mr. Todd Ernst, Vice President, Investor Relations. Mr. Ernst, please proceed.Speaker2Thanks, Josh, and good morning, everyone, an ...