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Northrop Grumman — Oct 21, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001133421-25-000052
Open on SEC.gov ↗
Showing in the filing
Intersegment Eliminations OM Rate %
“High 13%”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 13
MTM-adjusted EPS for FY2025
“$25.65 to $26.05”
Segment growth outlook for FY2026
“growth in each of our four business segments next year”
Sales for FY2025
“$41,700 — $41,900”
Segment operating income for FY2025
“$4,275 — $4,375”
Free cash flow for FY2025
“$3,050 — $3,350”
Aeronautics Systems Sales ($B) for FY2025
“High $12”
Aeronautics Systems OM Rate % for FY2025
“Low to Mid 6%”
Defense Systems Sales ($B) for FY2025
“Low $8”
Defense Systems OM Rate % for FY2025
“High 10%”
Mission Systems OM Rate % for FY2025
“Mid 14%”
Space Systems Sales ($B) for FY2025
“Mid to High $10”
Intersegment Eliminations Sales ($B) for FY2025
“~($2.25)”
Intersegment Eliminations OM Rate % for FY2025
“High 13%”
Exhibit 99.1 · the passage around this item
… earlier in the release
2025 Guidance ($ in millions, except per share amounts) As of 10/21/2025 Sales $41,700 — $41,900 Prior: $42,050 — $42,250 Segment operating income 1 $4,275 — $4,375 MTM-adjusted EPS 1 $25.65 — $26.05 Prior: $25.00 — $25.40 Free cash flow 1 $3,050 — $3,350 2025 Segment Guidance As of 10/21/2025 Sales ($B) OM Rate % Aeronautics Systems High $12 Low to Mid 6% Prior: Low $13 Defense Systems Low $8 High 10% Prior: Mid 10% Mission Systems Mid $12 Mid 14% Prior: Low to Mid $12 Space Systems Mid to High $10 High 10% Intersegment Eliminations ~($2.25) High 13% Prior: ~($2.1) 1 Non-GAAP measure - see definitions at the end of this earnings release. Northrop Grumman Corporation 2980 Fairview Park Drive • Falls Church, VA 22042-4511 news.northropgrumman.com Northrop Grumman Reports Third Quarter 2025 Financial Results 8 About Northrop Grumman Northrop Grumman will webcast its earnings conference call at 9:30 a.m. Eastern Time on October 21, 2025. A live audio broadcast of the conference call will be available on the investor relations page of the company’s website at www.northropgrumman.com . Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers’ toughest problems, our employees define possible every day. ### Forward-Looking Statements and Projections This earnings release and the information we are incorporating by reference, and statements to be made on the earnings conference call, contain or may contain statements that constitute “forward-looking statements” within the meaning of the Priv
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.