Business Segments · Operating Earnings

Combat Systems — Operating Earnings

General Dynamics Combat Systems — Operating Earnings decreased by 18.6% to $310.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $291.00M to $310.00M. Over 4 years (FY 2021 to FY 2025), Combat Systems — Operating Earnings shows an upward trend with a 5.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

An increase indicates improved margins or higher volume, while a decrease suggests rising costs or pricing pressure.

Detailed definition

This measures the profitability of the Combat Systems segment after deducting operating expenses from total revenue. It...

Peer comparison

Key performance indicator for all defense segments, comparable across the aerospace and defense industry.

Metric ID: gd_segment_combat_systems_operating_earnings

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$266.00M$276.00M$281.00M$227.00M$245.00M$271.00M$332.00M$245.00M$251.00M$300.00M$351.00M$282.00M$313.00M$325.00M$356.00M$291.00M$324.00M$335.00M$381.00M$310.00M
QoQ Change+3.8%+1.8%-19.2%+7.9%+10.6%+22.5%-26.2%+2.4%+19.5%+17.0%-19.7%+11.0%+3.8%+9.5%-18.3%+11.3%+3.4%+13.7%-18.6%
YoY Change-7.9%-1.8%+18.1%+7.9%+2.4%+10.7%+5.7%+15.1%+24.7%+8.3%+1.4%+3.2%+3.5%+3.1%+7.0%+6.5%
Range$227.00M$381.00M
CAGR+3.3%
Avg YoY Growth+6.8%
Median YoY Growth+6.1%

Frequently Asked Questions

What is General Dynamics's combat systems — operating earnings?
General Dynamics (GD) reported combat systems — operating earnings of $310.00M in Q1 2026.
How has General Dynamics's combat systems — operating earnings changed year-over-year?
General Dynamics's combat systems — operating earnings increased by 6.5% year-over-year, from $291.00M to $310.00M.
What is the long-term trend for General Dynamics's combat systems — operating earnings?
Over 4 years (2021 to 2025), General Dynamics's combat systems — operating earnings has grown at a 5.7% compound annual growth rate (CAGR), from $1.07B to $1.33B.
What does combat systems — operating earnings mean?
The profit generated by the Combat Systems segment before interest and taxes.