The financials
General Dynamics by the numbers
General Dynamics (GD) reported revenue of $13.5B in Q1 2026 (quarter ended April 5, 2026), up 10% from the same quarter a year earlier. That came with net income of $1.13B (8.3% of revenue). For the full year FY2025, revenue was $52.5B (+10% year on year) and net income $4.21B. Its largest product in 2026-Q1 was Nuclear Powered Submarines at $3.27B, 24% of the disclosed total, just ahead of Information Technology Services at 18%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $13.5B | $12.2B | +10% |
| Operating income | $1.42B | $1.27B | +12% |
| Net income | $1.13B | $994M | +13% |
| Diluted EPS | $4.10 | $3.66 | +12% |
| Product | Revenue | Share |
|---|---|---|
| Nuclear Powered Submarines | $3.27B | 24% |
| Information Technology Services | $2.38B | 18% |
| Aircraft Manufacturing | $2.31B | 17% |
| C5 ISR Solutions | $1.19B | 8.8% |
| Militaryvehicles | $1.16B | 8.6% |
| Aircraft Services | $968M | 7.2% |
| Weapons Systemsand Munitions | $781M | 5.8% |
| Surfaceships | $770M | 5.7% |
| Engineeringand Other Services | $347M | 2.6% |
| Repairand Other Services | $301M | 2.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $13.48B (+4.4%)
Engineering and Other Services grew +33% year on yearMilitaryvehicles -4.9% year on year
Segment Latestquarter on quarteryear on year
- Nuclear Powered Submarines$3.27B$3.27BQoQ +3.3%year on year +25%+3.3%+25%
- Information Technology Services$2.38B$2.38BQoQ +6.9%year on year +0.80%+6.9%+0.80%
- Aircraft Manufacturing$2.31B$2.31BQoQ +0.78%year on year +6.6%+0.78%+6.6%
- C5 ISR Solutions$1.19B$1.19BQoQ +8.9%year on year +12%+8.9%+12%
- Militaryvehicles$1.16B$1.16BQoQ -6.2%year on year -4.9%-6.2%-4.9%
- Aircraft Services$968.0M$968.0MQoQ +2.9%year on year +13%+2.9%+13%
- Weapons Systems and Munitions$781.0M$781.0MQoQ +5.3%year on year +11%+5.3%+11%
- Surfaceships$770.0M$770.0MQoQ +20%year on year +8.5%+20%+8.5%
- Engineering and Other Services$347.0M$347.0MQoQ +24%year on year +33%+24%+33%
- Repair and Other Services$301.0M$301.0MQoQ +4.5%year on year +16%+4.5%+16%
Aerospace & Defense
Ranks #3 of 48 by Smart Score