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General Dynamics GD Surface ships — 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$106.07B+25.2%
Enterprise value$112.53B+19.9%
P/E23.6×+2.9×
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
Aircraft services1,0589332,0261,791
Total Aerospace3,5253,0626,8046,088
Nuclear-powered submarines3,5193,2686,7915,888
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

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

FAQ

What is General Dynamics's surface ships — total revenue?
General Dynamics (GD) reported surface ships — total revenue of $844M in Q2 2026.
What does surface ships — total revenue mean?
This metric represents the total gross income generated from the design, construction, and maintenance of surface naval vessels. It reflects the segment's market demand and operational scale within the defense shipbuilding industry. Investors use this to assess the segment's contribution to overall corporate growth and its ability to secure and execute long-term government contracts.

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