Want to see NOC full AI Analyst Report?
Operating Income by Segment
Reveals profitability across different business units, highlighting which segments drive earnings and where the company might need to improve efficiency or focus investment.Aeronautics moved from a dramatic one‑off loss back to consistent profitability as B‑21 production ramps — management says the prior loss provision is gone, so recent strength looks structural but relies on heavy, company‑funded B‑21 investment and supplier scaling. Mission Systems and Defense Systems are the reliable margin drivers, buoyed by favorable adjustments, Sentinel and weapons demand. Space is the most volatile segment, hit by timing/recognition swings (NGI/GEM), so watch award conversion and program timing versus the healthy backlog for future upside.
Date | Aeronautics Systems | Defense Systems | Mission Systems | Space Systems | Intersegment Eliminations |
|---|---|---|---|---|---|
Jun 30, 2026 | $362.00M | $156.00M | $501.00M | $236.00M | -$97.00M |
Mar 31, 2026 | $305.00M | $184.00M | $433.00M | $235.00M | -$85.00M |
Dec 31, 2025 | $370.00M | $205.00M | $510.00M | $322.00M | -$94.00M |
Sep 30, 2025 | $305.00M | $234.00M | $515.00M | $298.00M | -$75.00M |
Jun 30, 2025 | $321.00M | $253.00M | $441.00M | $280.00M | -$76.00M |
Mar 31, 2025 | -$183.00M | $179.00M | $361.00M | $283.00M | -$72.00M |
Dec 31, 2024 | $309.00M | $209.00M | $469.00M | $275.00M | -$69.00M |
Sep 30, 2024 | $298.00M | $196.00M | $390.00M | $345.00M | -$83.00M |
Jun 30, 2024 | $295.00M | $204.00M | $361.00M | $324.00M | -$83.00M |
Mar 31, 2024 | $297.00M | $177.00M | $378.00M | $332.00M | -$80.00M |