Business Segments · Unbilled revenue
Combat Systems — Unbilled revenue
General Dynamics Combat Systems — Unbilled revenue increased by 8.3% to $1.30B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.3%, from $1.20B to $1.30B.
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2025
Rolls up toUnbilled balances
How to read this metric
An increase may signal strong project execution ahead of billing milestones, while a sustained rise could indicate potential collection delays or contract billing issues.
Detailed definition
This metric represents the value of goods or services delivered to customers for which the segment has recognized revenu...
Peer comparison
Commonly reported as 'Contract Assets' or 'Unbilled Receivables' by aerospace and defense peers under ASC 606 revenue recognition standards.
Metric ID:
gd_segment_combat_systems_unbilled_revenueHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $3.30B | $2.70B | $1.20B | $1.20B | $1.30B |
| QoQ Change | — | -18.2% | -55.6% | +0.0% | +8.3% |
| YoY Change | — | -18.2% | -55.6% | +0.0% | +8.3% |
Range$1.20B – $3.30B
CAGR-60.6%
Avg YoY Growth-16.4%
Median YoY Growth-9.1%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is General Dynamics's combat systems — unbilled revenue?
- General Dynamics (GD) reported combat systems — unbilled revenue of $1.30B in Q4 2025.
- How has General Dynamics's combat systems — unbilled revenue changed year-over-year?
- General Dynamics's combat systems — unbilled revenue increased by 8.3% year-over-year, from $1.20B to $1.30B.
- What does combat systems — unbilled revenue mean?
- Revenue that has been earned through work performed but has not yet been billed to the customer.