Northrop Grumman Corp
Close on Nov 2, 2026Market cap $78.89BP/E 17.6Yield 1.62%
Northrop Grumman Unbilled Receivables / Contract Assets (Net) by Year
Unbilled Receivables / Contract Assets (Net) ($M)
Northrop Grumman Unbilled Receivables / Contract Assets (Net): $6,544M in FY2025, up 10.8% from a year earlier. That is the highest of the 9 years on record here.
Where the FY2025 figure comes from
Source: NOC Form 10-Q Quarterly Report (filed 2026-10-20) ↗
Reported in Form 10-Q / 10-K Balance Sheet & Contract Note (XBRL).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Unbilled Receivables / Contract Assets (Net) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 6,544 | +10.8% | NOC Form 10-Q Quarterly Report (filed 2026-10-20) ↗ |
| FY2024 | Dec 31, 2024 | 5,908 | +293.9% | NOC Form 10-Q Quarterly Report (filed 2025-10-21) ↗ |
| FY2023 | Dec 31, 2023 | 1,500 | -36.8% | NOC Form 10-K Annual Report (filed 2025-01-30) ↗ |
| FY2022 | Dec 31, 2022 | 2,374 | -3.7% | NOC Form 10-K Annual Report (filed 2024-01-25) ↗ |
| FY2021 | Dec 31, 2021 | 2,466 | -6.0% | NOC Form 10-K Annual Report (filed 2023-01-26) ↗ |
| FY2020 | Dec 31, 2020 | 2,623 | -15.3% | NOC Form 10-K Annual Report (filed 2022-01-27) ↗ |
| FY2019 | Dec 31, 2019 | 3,097 | -0.4% | NOC Form 10-K Annual Report (filed 2021-01-28) ↗ |
| FY2018 | Dec 31, 2018 | 3,109 | +82.5% | NOC Form 10-K Annual Report (filed 2020-01-30) ↗ |
| FY2017 | Dec 31, 2017 | 1,704 | – | NOC Form 10-K Annual Report (filed 2019-01-31) ↗ |
Breakdown
What makes up unbilled Receivables / Contract Assets (Net)
- Unbilled Receivables / Contract Assets (Gross, Year-End)6,553 · FY2025
- Unbilled Receivables Valuation Allowance (Year-End)9 · FY2025
- Advance Payments & Billings in Excess of Costs (Current Contract Liabilities)4,086 · FY2025
- Net Contract Assets (Year-End)2,458 · FY2025
- Revenue Recognized from Beginning-of-Year Contract Liability Balance3,300 · FY2025
Cite this data
StockData. (2026). Northrop Grumman Unbilled Receivables / Contract Assets (Net) ($M), annual FY2017–FY2025 [Data set]. Compiled from Northrop Grumman SEC filings and investor materials. https://stockdatahq.com/stocks/noc/kpis/contract-asset-net
See every metric in the Northrop Grumman KPI table. Data updated Nov 1, 2026.