What is General Dynamics's contract liabilities?

General Dynamics (GD) reported contract liabilities of $2.61B in Q2 2026.

What does contract liabilities mean?

Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

General Dynamics GD Contract Liabilities

Contract Liabilities at other companies

L3Harris TechnologiesLHX

$83M—

TextronTXT

$2.2B+15.8%

OshkoshOSK

$1.3B+11.7%

BWX TechnologiesBWXT

$305.29M+89.3%

CACI InternationalCACI

——

Leidos HoldingsLDOS

——

Other financials

Income statement

See full

Revenue$14.1B+8.1%

Operating income$1.5B+11.9%

Net income$1.2B+14.4%

EPS (diluted)$4.24+13.4%

Balance sheet

See full

Cash & equivalents$4.3B+185%

Total debt$10.8B+1.0%

Total equity$26.8B+13.8%

Total assets$60.2B+5.8%

Cash flow

See full

Operating cash flow$1.9B+17.6%

CapEx$234.0M+18.2%

Free cash flow$1.6B+17.6%

Valuation

See full

Market cap$103.41B+23.4%

Enterprise value$109.86B+18.2%

P/E23.1×+2.5×

P/S1.9×+0.2×

Profitability

See full

Gross margin17.9%—

Operating margin10.3%0.0pp

Net margin8.2%+0.1pp

FCF margin11.8%+3.5pp

Returns & leverage

See full

Return on equity17.8%-0.1pp

Debt / equity0.4×-0.1×

Current ratio1.4×+0.1×

Where this comes from

Reported directly by General Dynamics in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The official record: General Dynamics’s 10-Q, filed July 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about General Dynamics's contract liabilities.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is General Dynamics's contract liabilities?: General Dynamics (GD) reported contract liabilities of $2.61B in Q2 2026.
What does contract liabilities mean?: Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.