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General Dynamics GD Service — Cost of Goods Sold

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Other financials

Income statement

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Revenue$13.5B+10.3%
Operating income$1.4B+12.0%
Net income$1.1B+13.2%
EPS (diluted)$4.10+12.0%

Balance sheet

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Cash & equivalents$3.7B+194%
Total debt$9.9B-14.6%
Total equity$26.1B+17.3%
Total assets$59.0B+3.1%

Cash flow

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Operating cash flow$2.2B+1,556%
CapEx$203.0M+43.0%
Free cash flow$2.0B+773%

Valuation

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Market cap$94.65B+27.1%
Enterprise value$100.89B+18.8%
P/E21.8×+3.1×
P/S1.8×+0.2×

Profitability

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Gross margin17.9%
Operating margin10.2%0.0pp
Net margin8.1%0.0pp

Returns & leverage

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Return on equity18%-0.3pp
Debt / equity0.4×-0.1×
Current ratio1.4×0.0×

Where this comes from

Reported directly by General Dynamics in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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

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Questions, answered.

What is General Dynamics's service — cost of goods sold?
General Dynamics (GD) reported service — cost of goods sold of $4.4B 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 $4.4B.
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.
How do you interpret service — cost of goods sold?
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.
How does service — cost of goods sold compare across companies?
Comparable to 'Cost of Services' or 'Direct Service Costs' reported by peers in the government services and defense contracting industries.