Operating Expenses

Total Operating Expenses

General Dynamics Total Operating Expenses decreased by 6.7% to $12.06B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.1%, from $10.96B to $12.06B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 8.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.

Detailed definition

The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...

Peer comparison

Investors compare this to revenue to assess the 'operating leverage' of a business model.

Metric ID: is_total_operating_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.26B$8.49B$9.11B$8.48B$8.21B$8.88B$9.62B$8.94B$9.19B$9.51B$10.38B$9.70B$10.82B$10.49B$11.92B$10.96B$11.74B$11.58B$12.93B$12.06B
QoQ Change+2.7%+7.3%-6.8%-3.2%+8.1%+8.4%-7.1%+2.8%+3.5%+9.1%-6.6%+11.6%-3.0%+13.6%-8.1%+7.1%-1.4%+11.7%-6.7%
YoY Change-0.6%+4.6%+5.7%+5.4%+11.9%+7.2%+7.9%+8.4%+17.7%+10.3%+14.8%+13.0%+8.5%+10.4%+8.5%+10.1%
Range$8.21B$12.93B
CAGR+8.3%
Avg YoY Growth+9.0%
Median YoY Growth+8.5%

Frequently Asked Questions

What is General Dynamics's total operating expenses?
General Dynamics (GD) reported total operating expenses of $12.06B in Q1 2026.
How has General Dynamics's total operating expenses changed year-over-year?
General Dynamics's total operating expenses increased by 10.1% year-over-year, from $10.96B to $12.06B.
What is the long-term trend for General Dynamics's total operating expenses?
Over 4 years (2021 to 2025), General Dynamics's total operating expenses has grown at a 8.3% compound annual growth rate (CAGR), from $34.31B to $47.19B.
What does total operating expenses mean?
The total cost of running the day-to-day business, excluding the direct cost of making products.