Northrop Grumman — Jan 27, 2026 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001133421-26-000002
Showing in the filing
MTM-adjusted EPS
“$27.40 — $27.90”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 14
Sales for FY2026
“$43,500 — $44,000”
Segment operating income for FY2026
“$4,850 — $5,000”
MTM-adjusted EPS for FY2026
“$27.40 — $27.90”
Free cash flow for FY2026
“$3,100 — $3,500”
Aeronautics Systems Sales ($B) for FY2026
“Mid $13”
Aeronautics Systems OM Rate % for FY2026
“Low to Mid 9%”
Defense Systems Sales ($B) for FY2026
“Mid to High $8”
Defense Systems OM Rate % for FY2026
“~10%”
Mission Systems Sales ($B) for FY2026
“High $12”
Mission Systems OM Rate % for FY2026
“High 14%”
Space Systems Sales ($B) for FY2026
“~$11”
Space Systems OM Rate % for FY2026
“~11%”
Intersegment Eliminations Sales ($B) for FY2026
“~($2.4)”
Intersegment Eliminations OM Rate % for FY2026
“High 13%”
Exhibit 99.1 · the passage around this item
… earlier in the release
For additional factors that may impact the company’s ability to achieve guidance or meet expectations, please see the “Forward-Looking Statements” section in this release and our Form 10-K. 2026 Guidance ($ in millions, except per share amounts) As of 1/27/2026 Sales $43,500 — $44,000 Segment operating income 1 $4,850 — $5,000 MTM-adjusted EPS 1 $27.40 — $27.90 Free cash flow 1 $3,100 — $3,500 2026 Segment Guidance As of 1/27/2026 Sales ($B) OM Rate % Aeronautics Systems Mid $13 Low to Mid 9% Defense Systems Mid to High $8 ~10% Mission Systems High $12 High 14% Space Systems ~$11 ~11% Intersegment Eliminations ~($2.4) High 13% 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 Fourth Quarter and Full-Year 2025 Financial Results 10 About Northrop Grumman Northrop Grumman will webcast its earnings conference call at 9:30 a.m. Eastern Time on January 27, 2026. 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
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.