Revenue $14.09B, up 8.1% on a year earlier. Aerospace revenue $3.52B, up 15.1%. Combat Systems revenue $2.29B, up 0.3%. Diluted EPS $4.24 against $3.74.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $14.09B | $13.48B | $13.04B | +8.1% |
| Operating income | $1.46B | $1.42B | $1.30B | +11.9% |
| Net income | $1.16B | $1.12B | $1.01B | +14.4% |
| Diluted EPS | $4.24 | $4.10 | $3.74 | |
| Operating cash flow | $1.88B | $2.15B | $1.60B | +17.6% |
| Capital expenditures | -$234.00M | -$203.00M | -$198.00M | |
| Free cash flow | $1.65B | $1.95B | $1.40B | +17.6% |
| Dividend per share | $1.59 | $1.59 | $1.50 |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Aerospace revenue | $3.52B | $3.06B | +15.1% |
| Combat Systems revenue | $2.29B | $2.28B | +0.3% |
| Gulfstream Large-cabin aircraft deliveries | 35 | 32 | +9.4% |
| Gulfstream Mid-cabin aircraft deliveries | 6 | 6 | +0.0% |
| Information Systems and Technology revenue | $3.62B | $3.48B | +4.1% |
| Marine Systems revenue | $4.66B | $4.22B | +10.4% |
| Gulfstream Aircraft Deliveries (Total) | 41 | 38 | +7.9% |
| Return on sales | 10.4% | 7.8% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “General Dynamics (GD) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/GD/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
