Business Segments · Unbilled revenue
Combat Systems — Unbilled revenue
General Dynamics Combat Systems — Unbilled revenue increased by 3402.2% to $45.53B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.5%, from $43.17B to $45.53B. Over 5 years (FY 2020 to FY 2025), Combat Systems — Unbilled revenue shows an upward trend with a 3.3% CAGR.
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026Apr 29, 2026
Rolls up toDeferred Revenue
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
25 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $37.02B | $39.22B | $39.57B | $3.3B | $35.7B | $36.71B | $36.97B | $39.48B | $1.7B | $38.91B | $40.53B | $40.97B | $40.55B | $1.2B | $42.26B | $41.31B | $41.81B | $40.63B | $1.2B | $43.17B | $45.05B | $46.41B | $43.06B | $1.3B | $45.53B |
| QoQ Change | — | +6.0% | +0.9% | -91.7% | +981.7% | +2.8% | +0.7% | +6.8% | -95.7% | >999% | +4.1% | +1.1% | -1.0% | -97.0% | >999% | -2.3% | +1.2% | -2.8% | -97.0% | >999% | +4.4% | +3.0% | -7.2% | -97.0% | >999% |
| YoY Change | — | — | — | — | — | -0.8% | -5.7% | -0.2% | -95.7% | +9.0% | +10.4% | +10.8% | +2.7% | -97.0% | +8.6% | +1.9% | +2.1% | +0.2% | -97.0% | +2.1% | +9.0% | +11.0% | +6.0% | -96.8% | +5.5% |
Range$1.2B – $46.41B
CAGR+3.5%
Avg YoY Growth-15.7%
Median YoY Growth+2.1%
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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 $45.53B in Q1 2026.
- How has General Dynamics's combat systems — unbilled revenue changed year-over-year?
- General Dynamics's combat systems — unbilled revenue increased by 5.5% year-over-year, from $43.17B to $45.53B.
- What is the long-term trend for General Dynamics's combat systems — unbilled revenue?
- Over 5 years (2020 to 2025), General Dynamics's combat systems — unbilled revenue has grown at a 3.3% compound annual growth rate (CAGR), from $36.66B to $43.06B.
- What does combat systems — unbilled revenue mean?
- Revenue that has been earned through work performed but has not yet been billed to the customer.