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Business Segments · Operating Earnings

Marine Systems — Operating Earnings

General Dynamics Marine Systems — Operating Earnings decreased by 8.4% to $316M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.4%, from $250M to $316M. Over 4 years (FY 2021 to FY 2025), Marine Systems — Operating Earnings shows an upward trend with a 7.7% 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 2026Apr 29, 2026
Rolls up toOperating Income

How to read this metric

An increase indicates improved margins or cost control, while a decrease suggests operational inefficiencies or rising input costs.

Detailed definition

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

Peer comparison

Directly comparable to segment operating income for other defense and aerospace manufacturers.

Metric ID: gd_segment_marine_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$210M$229M$235M$211M$211M$238M$237M$211M$235M$211M$217M$232M$245M$258M$200M$250M$291M$291M$345M$316M
QoQ Change+9.0%+2.6%-10.2%+0.0%+12.8%-0.4%-11.0%+11.4%-10.2%+2.8%+6.9%+5.6%+5.3%-22.5%+25.0%+16.4%+0.0%+18.6%-8.4%
YoY Change+0.5%+3.9%+0.9%+0.0%+11.4%-11.3%-8.4%+10.0%+4.3%+22.3%-7.8%+7.8%+18.8%+12.8%+72.5%+26.4%
Range$200M$345M
CAGR+9.0%
Avg YoY Growth+10.2%
Median YoY Growth+6.0%

Frequently Asked Questions

What is General Dynamics's marine systems — operating earnings?
General Dynamics (GD) reported marine systems — operating earnings of $316M in Q1 2026.
How has General Dynamics's marine systems — operating earnings changed year-over-year?
General Dynamics's marine systems — operating earnings increased by 26.4% year-over-year, from $250M to $316M.
What is the long-term trend for General Dynamics's marine systems — operating earnings?
Over 4 years (2021 to 2025), General Dynamics's marine systems — operating earnings has grown at a 7.7% compound annual growth rate (CAGR), from $874M to $1.18B.
What does marine systems — operating earnings mean?
The profit generated by the Marine Systems segment from its core operations.