Products & Services · Cost of Goods Sold

Service — Cost of Goods Sold

General Dynamics Service — Cost of Goods Sold increased by 9.2% to $4.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $4.19B to $4.40B. Over 4 years (FY 2021 to FY 2025), Service — Cost of Goods Sold shows an upward trend with a 5.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026

How to read this metric

An increase relative to revenue may signal rising labor costs or operational inefficiencies, while a decrease suggests improved cost management or economies of scale in service delivery.

Detailed definition

This metric captures the direct costs associated with delivering the services provided by the business segment, includin...

Peer comparison

Comparable to 'Cost of Services' or 'Direct Service Costs' reported by peers in the government services and defense contracting industries.

Metric ID: gd_segment_services_cost_of_goods_and_services_sold

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$3.45B$3.39B$3.25B$3.55B$3.43B$3.41B$3.43B$3.72B$3.67B$3.77B$3.86B$3.88B$4.05B$4.10B$4.00B$4.19B$4.27B$4.15B$4.03B$4.40B
QoQ Change-1.7%-4.0%+9.1%-3.3%-0.7%+0.6%+8.5%-1.2%+2.6%+2.5%+0.5%+4.4%+1.1%-2.4%+4.8%+1.9%-2.8%-3.0%+9.2%
YoY Change-0.5%+0.6%+5.4%+4.8%+7.1%+10.6%+12.6%+4.4%+10.3%+8.8%+3.6%+8.0%+5.4%+1.4%+0.7%+4.9%
Range$3.25B$4.40B
CAGR+5.3%
Avg YoY Growth+5.5%
Median YoY Growth+5.1%

Frequently Asked Questions

What is General Dynamics's service — cost of goods sold?
General Dynamics (GD) reported service — cost of goods sold of $4.40B in Q1 2026.
How has General Dynamics's service — cost of goods sold changed year-over-year?
General Dynamics's service — cost of goods sold increased by 4.9% year-over-year, from $4.19B to $4.40B.
What is the long-term trend for General Dynamics's service — cost of goods sold?
Over 4 years (2021 to 2025), General Dynamics's service — cost of goods sold has grown at a 5.3% compound annual growth rate (CAGR), from $13.54B to $16.63B.
What does service — cost of goods sold mean?
The direct expenses incurred to deliver the services sold to customers.