What is General Dynamics's income tax?

General Dynamics (GD) reported income tax of $244M in Q1 2026.

How has General Dynamics's income tax changed year-over-year?

General Dynamics's income tax increased by 18.4% year-over-year, from $206M to $244M.

What is the long-term trend for General Dynamics's income tax?

Over 4 years (2021 to 2025), General Dynamics's income tax has grown at a 9.7% compound annual growth rate (CAGR), from $616M to $893M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

General Dynamics GD Income Tax

Income Tax at other companies

BoeingBA

$33M-69.2%

CACI InternationalCACI

$46.22M+17.3%

L3Harris TechnologiesLHX

$77M+5.5%

TextronTXT

$47M+38.2%

OshkoshOSK

$10.5M-71.5%

Lockheed MartinLMT

$286M-11.7%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$2.2B+1,556%

CapEx$203.0M+43.0%

Free cash flow$2.0B+773%

Valuation

See full

Market cap$93.22B+24.6%

Enterprise value$99.45B+16.8%

P/E21.5×+2.7×

P/S1.7×+0.2×

Profitability

See full

Gross margin17.9%—

Operating margin10.2%0.0pp

Net margin8.1%0.0pp

FCF margin11.5%+4.7pp

Returns & leverage

See full

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:IncomeTaxExpenseBenefit.

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

Ask your AI about General Dynamics's income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is General Dynamics's income tax?: General Dynamics (GD) reported income tax of $244M in Q1 2026.
How has General Dynamics's income tax changed year-over-year?: General Dynamics's income tax increased by 18.4% year-over-year, from $206M to $244M.
What is the long-term trend for General Dynamics's income tax?: Over 4 years (2021 to 2025), General Dynamics's income tax has grown at a 9.7% compound annual growth rate (CAGR), from $616M to $893M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.