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General Dynamics Corp (GD) financials and KPIs

General Dynamics Corp reported revenue of $52.55B for fiscal 2025, up 10.1% from fiscal 2024. Net income was $4.21B and free cash flow was $3.96B.

Annual results

Fiscal year20212022202320242025
Revenue$38.47B$39.41B$42.27B$47.72B$52.55B
Operating income$4.16B$4.21B$4.25B$4.80B$5.36B
Net income$3.26B$3.39B$3.31B$3.78B$4.21B
Cash from operations$4.27B$4.58B$4.71B$4.11B$5.12B
Free cash flow$3.38B$3.46B$3.81B$3.20B$3.96B

Quarterly results

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$11.67B$13.34B$12.22B$13.04B$12.91B$14.38B$13.48B$14.09B
Net income$930.00M$1.15B$994.00M$1.01B$1.06B$1.14B$1.12B$1.16B
Diluted EPS$3.35$4.15$3.66$3.74$3.88$4.16$4.10—

Operating KPIs

As General Dynamics Corp reports them, quarter by quarter.

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Aerospace book-to-bill ratio110.81.31.31.31.31.5
Gulfstream Aircraft Deliveries (Total)2847363839453841
Gulfstream Large-cabin aircraft deliveries2442303233413135
Gulfstream Mid-cabin aircraft deliveries45666476

Sources

Figures come from General Dynamics Corp's SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Some fourth quarters are the full year less the first nine months. Free cash flow is cash from operations less capital expenditures. Data as of 31 October 2026. This is not investment advice.

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