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General Dynamics GD Military vehicles — Total Revenue

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Other financials

Income statement

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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

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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

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Operating cash flow$1.9B+17.6%
CapEx$234.0M+18.2%
Free cash flow$1.6B+17.6%

Valuation

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Market cap$103.92B+22.6%
Enterprise value$110.37B+17.6%
P/E23.2×+2.4×
P/S1.9×+0.2×

Profitability

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Gross margin17.9%
Operating margin10.3%0.0pp
Net margin8.2%+0.1pp
FCF margin11.8%+3.5pp

Returns & leverage

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: General Dynamics’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 11:09 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000040533-26-000032
Line itemThree Months Ended / July 5, 2026Three Months Ended / June 29, 2025Six Months Ended / July 5, 2026Six Months Ended / June 29, 2025
Surface ships8446601,6141,370
Repair and other services297292598551
Total Marine Systems4,6604,2209,0037,809
Military vehicles1,1481,2842,3032,499
Weapon systems and munitions8057261,5861,427
Engineering and other services337273684533
Total Combat Systems2,2902,2834,5734,459
Information technology (IT) services2,3502,3194,7334,683

Item 6 - [Exhibits](#i6405665e2a3b4a7a9dbeb438be86e654_148) [44](#i6405665e2a3b4a7a9dbeb438be86e654_148)

FAQ

What is General Dynamics's military vehicles — total revenue?
General Dynamics (GD) reported military vehicles — total revenue of $1.15B in Q2 2026.
What does military vehicles — total revenue mean?
This metric represents the total gross sales generated from the design, development, and production of combat vehicles and tactical wheeled systems. It reflects the segment's ability to capture defense contract awards and deliver hardware to government and international military customers. Monitoring this revenue stream provides insight into the company's market share and demand stability within the armored vehicle and ground combat sector.

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