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General Dynamics GD Services — 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
(Dollars in millions, except per-share amounts)Three Months Ended / July 5, 2026Three Months Ended / June 29, 2025
Revenue:
Products$8,711$8,012
Services5,3835,029
14,09413,041
Operating costs and expenses:
Products(7,337)(6,823)
Services(4,574)(4,269)
General and administrative (G&A)(723)(644)

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

FAQ

What is General Dynamics's services — total revenue?
General Dynamics (GD) reported services — total revenue of $5.38B in Q2 2026.
How has General Dynamics's services — total revenue changed year-over-year?
General Dynamics's services — total revenue increased by 7.0% year-over-year, from $5.03B to $5.38B.
What is the long-term trend for General Dynamics's services — total revenue?
Over 4 years (2021 to 2025), General Dynamics's services — total revenue has grown at a 5.0% compound annual growth rate (CAGR), from $16.04B to $19.53B.
What does services — total revenue mean?
This metric represents the total gross income generated from the provision of professional, technical, and support services within the company's services-focused business segment. It encompasses revenue streams derived from long-term contracts, maintenance, logistics, and specialized consulting engagements. This figure is a primary indicator of the scale and market demand for the company's service-based offerings.

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