Non-Current Assets
Goodwill
General Dynamics Goodwill decreased by 0.3% to $20.96B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.6%, from $20.62B to $20.96B. Over 5 years (FY 2020 to FY 2025), Goodwill shows relatively stable performance with a 0.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Large increases indicate recent M&A activity; significant write-downs signal that past acquisitions have failed to meet performance expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
High for companies with aggressive acquisition strategies; low for companies that grow primarily organically.
Metric ID:
goodwillHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $20.02B | $20.09B | $20.1B | $20.11B | $20B | $20.16B | $20.33B | $20.39B | $20.44B | $20.39B | $20.59B | $20.46B | $20.45B | $20.76B | $20.56B | $20.62B | $20.88B | $20.87B | $21.01B | $20.96B |
| QoQ Change | — | +0.4% | +0.0% | +0.1% | -0.6% | +0.8% | +0.9% | +0.3% | +0.3% | -0.3% | +1.0% | -0.6% | -0.0% | +1.5% | -1.0% | +0.3% | +1.2% | -0.0% | +0.7% | -0.3% |
| YoY Change | — | — | — | — | -0.1% | +0.3% | +1.2% | +1.4% | +2.2% | +1.1% | +1.2% | +0.4% | +0.0% | +1.8% | -0.1% | +0.8% | +2.1% | +0.5% | +2.2% | +1.6% |
Range$20B – $21.01B
CAGR+1.0%
Avg YoY Growth+1.0%
Median YoY Growth+1.2%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Technologies | $14.27B | $14.43B | $14.42B | $14.43B | $14.44B | $14.43B | $14.52B | $14.52B |
| Aerospace | $3.08B | $3.2B | $3.09B | $3.12B | $3.31B | $3.33B | $3.36B | $3.34B |
| Combat Systems | $2.81B | $2.83B | $2.76B | $2.77B | $2.82B | $2.81B | $2.83B | $2.81B |
| Marine Systems | $297M | $297M | $297M | $297M | $297M | $297M | $297M | $297M |
| Total | $20.45B | $20.76B | $20.56B | $20.62B | $20.88B | $20.87B | $21.01B | $20.96B |
Goodwill at Other Companies
Frequently Asked Questions
- What is General Dynamics's goodwill?
- General Dynamics (GD) reported goodwill of $20.96B in Q1 2026.
- How has General Dynamics's goodwill changed year-over-year?
- General Dynamics's goodwill increased by 1.6% year-over-year, from $20.62B to $20.96B.
- What is the long-term trend for General Dynamics's goodwill?
- Over 5 years (2020 to 2025), General Dynamics's goodwill has grown at a 0.9% compound annual growth rate (CAGR), from $20.05B to $21.01B.
- What does goodwill mean?
- The excess price paid for an acquired company over the value of its individual assets.