Current Liabilities

Deferred Revenue

General Dynamics Deferred Revenue increased by 10.4% to $10.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.0%, from $9.77B to $10.85B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 9.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase is generally positive, signaling strong future demand and cash collection, while a decrease indicates the fulfillment of obligations.

Detailed definition

This represents payments received from customers for goods or services that have not yet been delivered or performed. It...

Peer comparison

Common in subscription and long-term contract businesses; highly indicative of future revenue visibility.

Metric ID: deferred_revenue_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.96B$6.17B$6.27B$6.36B$6.53B$6.66B$7.44B$7.72B$8.63B$9.35B$9.56B$9.97B$10.09B$10.93B$9.49B$9.77B$10.68B$10.46B$9.82B$10.85B
QoQ Change+3.5%+1.6%+1.5%+2.6%+2.0%+11.6%+3.8%+11.8%+8.4%+2.3%+4.2%+1.2%+8.3%-13.1%+2.9%+9.3%-2.0%-6.1%+10.4%
YoY Change+9.7%+8.0%+18.7%+21.3%+32.1%+40.4%+28.6%+29.2%+16.9%+16.8%-0.8%-2.0%+5.8%-4.2%+3.5%+11.0%
Range$5.96B$10.93B
CAGR+13.5%
Avg YoY Growth+14.7%
Median YoY Growth+13.9%

Business Segments

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Combat Systems$3.30B$1.70B$1.20B$1.20B$1.30B
Total$6.27B$7.44B$9.56B$9.49B$9.82B

Frequently Asked Questions

What is General Dynamics's deferred revenue?
General Dynamics (GD) reported deferred revenue of $10.85B in Q1 2026.
How has General Dynamics's deferred revenue changed year-over-year?
General Dynamics's deferred revenue increased by 11.0% year-over-year, from $9.77B to $10.85B.
What is the long-term trend for General Dynamics's deferred revenue?
Over 5 years (2020 to 2025), General Dynamics's deferred revenue has grown at a 9.4% compound annual growth rate (CAGR), from $6.28B to $9.82B.
What does deferred revenue mean?
Cash received from customers for work that has not yet been completed.