Current Assets
Work in process
General Dynamics Work in process decreased by 1.9% to $5.82B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.6%, from $6.24B to $5.82B. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 8.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026Apr 29, 2026
Parent metricInventories
How to read this metric
An increase may signal higher production volume or potential bottlenecks in the manufacturing cycle.
Detailed definition
This represents the value of goods that are currently in the production process but are not yet completed. It includes r...
Peer comparison
Standard inventory metric for all manufacturing and industrial companies.
Metric ID:
inv_work_in_progressHistorical 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 | $3.99B | $3.92B | $3.65B | $3.87B | $4.29B | $4.26B | $4.18B | $4.73B | $5.23B | $5.71B | $5.66B | $6.45B | $6.32B | $6.77B | $6.28B | $6.24B | $6.19B | $6.3B | $5.94B | $5.82B |
| QoQ Change | — | -1.8% | -6.7% | +5.8% | +10.9% | -0.7% | -1.8% | +13.2% | +10.4% | +9.4% | -1.0% | +14.1% | -2.1% | +7.1% | -7.2% | -0.7% | -0.7% | +1.8% | -5.8% | -1.9% |
| YoY Change | — | — | — | — | +7.6% | +8.7% | +14.4% | +22.5% | +21.9% | +34.2% | +35.2% | +36.3% | +20.9% | +18.4% | +11.0% | -3.4% | -2.0% | -6.9% | -5.4% | -6.6% |
| % of Inventories | 68.7% | 69.3% | 68.4% | 69.7% | 69.6% | 68.0% | 66.1% | 67.6% | 68.4% | 69.0% | 65.9% | 67.3% | 65.2% | 66.7% | 64.6% | 63.5% | 62.6% | 64.2% | 64.3% | 63.5% |
| Share Change | — | +0.6pp | -0.9pp | +1.2pp | -0.0pp | -1.6pp | -1.9pp | +1.4pp | +0.8pp | +0.6pp | -3.1pp | +1.4pp | -2.1pp | +1.5pp | -2.2pp | -1.1pp | -0.9pp | +1.6pp | +0.1pp | -0.9pp |
Range$3.65B – $6.77B
CAGR+8.3%
Avg YoY Growth+12.9%
Median YoY Growth+12.7%
Current Streak2 quarters decline
Work in process at Other Companies
Frequently Asked Questions
- What is General Dynamics's work in process?
- General Dynamics (GD) reported work in process of $5.82B in Q1 2026.
- How has General Dynamics's work in process changed year-over-year?
- General Dynamics's work in process decreased by 6.6% year-over-year, from $6.24B to $5.82B.
- What is the long-term trend for General Dynamics's work in process?
- Over 5 years (2020 to 2025), General Dynamics's work in process has grown at a 8.3% compound annual growth rate (CAGR), from $3.99B to $5.94B.
- What does work in process mean?
- The value of products currently being manufactured but not yet finished.