General Dynamics financials
$334.16−0.76%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jul 5 | Q1 '26 Apr 5 | Q4 '25 Dec 31 | Q3 '25 Sep 28 | Q2 '25 Jun 29 | Q1 '25 Mar 30 | Q4 '24 Dec 31 | Q3 '24 Sep 29 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Oct 1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.09B | $13.48B | $14.38B | $12.91B | $13.04B | $12.22B | $13.34B | $11.67B | $11.98B | $10.73B | $11.67B | $10.57B |
| Gross profit | $2.18B | $2.14B | $2.14B | $1.97B | $1.95B | $1.89B | $2.08B | $1.82B | $1.80B | $1.66B | $1.92B | $1.66B |
| Gross margin | 15.5% | 15.9% | 14.9% | 15.2% | 14.9% | 15.5% | 15.6% | 15.6% | 15.0% | 15.5% | 16.5% | 15.7% |
| Operating income | $1.46B | $1.42B | $1.45B | $1.33B | $1.30B | $1.27B | $1.42B | $1.18B | $1.16B | $1.04B | $1.29B | $1.06B |
| Net income | $1.16B | $1.13B | $1.14B | $1.06B | $1.01B | $994.0M | $1.15B | $930.0M | $905.0M | $799.0M | $1.00B | $836.0M |
| Net margin | 8.2% | 8.3% | 7.9% | 8.2% | 7.8% | 8.1% | 8.6% | 8.0% | 7.6% | 7.4% | 8.6% | 7.9% |
| Diluted EPS | $4.24 | $4.10 | $4.17 | $3.88 | $3.74 | $3.66 | $4.14 | $3.35 | $3.26 | $2.88 | $3.64 | $3.04 |
| EBITDA | $1.69B | $1.65B | $1.46B | $1.56B | $1.53B | $1.49B | $1.42B | $1.40B | $1.37B | $1.25B | $1.29B | $1.26B |
| Operating cash flow | $1.88B | $2.15B | $1.56B | $2.11B | $1.59B | -$150.0M | $2.16B | $1.42B | $814.0M | -$278.0M | $1.20B | $1.32B |
| Free cash flow | $1.64B | $1.95B | $952.0M | $1.90B | $1.40B | -$292.0M | $1.80B | $1.22B | $613.0M | -$437.0M | $892.0M | $1.09B |
| Diluted shares | 273.5M | 274.1M | 274.4M | 272.6M | 270.9M | 271.7M | 277.3M | 277.9M | 277.7M | 277.0M | 276.4M | 274.7M |
Balance sheet
| Period end | Jul 5 | Apr 5 | Dec 31 | Sep 28 | Jun 29 | Mar 30 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $4.33B | $3.65B | $2.33B | $2.52B | $1.52B | $1.24B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $7.52B | $8.01B | $8.01B | $8.01B | $8.71B | $9.61B |
| Total assets | $60.16B | $59.03B | $57.25B | $57.60B | $56.89B | $56.58B |
| Total liabilities | $33.34B | $32.95B | $31.63B | $33.16B | $33.31B | $34.35B |
| Shareholders' equity | $26.83B | $26.08B | $25.62B | $24.43B | $23.58B | $22.23B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology