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Coda Octopus vs Northrop Grumman: revenue, profit, margins and growth compared

Coda Octopus brought in $26.6M of revenue in fiscal 2025, Northrop Grumman $42B in fiscal 2025. Revenue changed by +30.7% at Coda Octopus and +2.2% at Northrop Grumman on the year before, so Coda Octopus grew faster. Coda Octopus kept 15.5% of its revenue as net profit, Northrop Grumman 10.0%. Free cash flow was $6M at Coda Octopus and $3.3B at Northrop Grumman.

Side by side, latest fiscal year

CODANOC
Fiscal year endedFY2025 (October 31, 2025)FY2025 (December 31, 2025)
Revenue$26.6M$42B
Revenue growth+30.7%+2.2%
Net income$4.1M$4.2B
Net margin15.5%10.0%
Free cash flow$6M$3.3B
Free cash flow margin22.7%7.9%
Earnings per share (diluted)$0.37$29.08
Cash$28.7M$4.4B
Debtn/a$15.7B
Price to earnings29.117.6
Market value$121.6M$72.5B
Dividend yieldn/a1.76%
Rank by revenue in sector#421 of 451 · Industrials#13 of 451 · Industrials

Over the years

Revenue
CODA FY2018: $18MCODA FY2019: $25.1MCODA FY2020: $20MCODA FY2021: $21.3MCODA FY2022: $22.2MCODA FY2023: $19.4MCODA FY2024: $20.3MCODA FY2025: $26.6MNOC FY2018: $30.1BNOC FY2019: $33.8BNOC FY2020: $36.8BNOC FY2021: $35.7BNOC FY2022: $36.6BNOC FY2023: $39.3BNOC FY2024: $41BNOC FY2025: $42BFY18FY19FY20FY21FY22FY23FY24FY25
CODA $26.6MNOC $42B
Net income
CODA FY2018: $5MCODA FY2019: $5.2MCODA FY2020: $3.3MCODA FY2021: $4.9MCODA FY2022: $4.3MCODA FY2023: $3.1MCODA FY2024: $3.6MCODA FY2025: $4.1MNOC FY2018: $3.2BNOC FY2019: $2.2BNOC FY2020: $3.2BNOC FY2021: $7BNOC FY2022: $4.9BNOC FY2023: $2.1BNOC FY2024: $4.2BNOC FY2025: $4.2BFY18FY19FY20FY21FY22FY23FY24FY25
CODA $4.1MNOC $4.2B
Net margin
CODA FY2018: 27.7%CODA FY2019: 20.9%CODA FY2020: 16.7%CODA FY2021: 23.2%CODA FY2022: 19.4%CODA FY2023: 16.1%CODA FY2024: 17.9%CODA FY2025: 15.5%NOC FY2018: 10.7%NOC FY2019: 6.6%NOC FY2020: 8.7%NOC FY2021: 19.6%NOC FY2022: 13.4%NOC FY2023: 5.2%NOC FY2024: 10.2%NOC FY2025: 10.0%FY18FY19FY20FY21FY22FY23FY24FY25
CODA 15.5%NOC 10.0%
Revenue growth
CODA FY2019: +39.1%CODA FY2020: -20.0%CODA FY2021: +6.4%CODA FY2022: +4.2%CODA FY2023: -12.9%CODA FY2024: +5.0%CODA FY2025: +30.7%NOC FY2019: +12.4%NOC FY2020: +8.7%NOC FY2021: -3.1%NOC FY2022: +2.6%NOC FY2023: +7.3%NOC FY2024: +4.4%NOC FY2025: +2.2%FY19FY20FY21FY22FY23FY24FY25
CODA +30.7%NOC +2.2%
Free cash flow
CODA FY2018: $1.9MCODA FY2019: $4.1MCODA FY2020: $3.6MCODA FY2021: $2.4MCODA FY2022: $6.3MCODA FY2023: $367.9KCODA FY2024: $1.9MCODA FY2025: $6MNOC FY2018: $2.6BNOC FY2019: $3BNOC FY2020: $2.9BNOC FY2021: $2.2BNOC FY2022: $1.5BNOC FY2023: $2.1BNOC FY2024: $2.6BNOC FY2025: $3.3BFY18FY19FY20FY21FY22FY23FY24FY25
CODA $6MNOC $3.3B

Fiscal years as each company reports them; the two may end in different months.

Questions about Coda Octopus and Northrop Grumman

Which is bigger by revenue, Coda Octopus or Northrop Grumman?

Northrop Grumman is bigger by revenue: $42B in fiscal 2025, against $26.6M for Coda Octopus in fiscal 2025.

Which keeps more of its revenue as profit, Coda Octopus or Northrop Grumman?

Coda Octopus had a net margin of 15.5% in fiscal 2025; Northrop Grumman had 10.0% in fiscal 2025.

Which grew revenue faster, Coda Octopus or Northrop Grumman?

In their latest fiscal years revenue changed by +30.7% at Coda Octopus and +2.2% at Northrop Grumman.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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