What is General Dynamics's net income?

General Dynamics (GD) reported net income of $1.13B in Q1 2026.

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

General Dynamics's net income increased by 13.2% year-over-year, from $994M to $1.13B.

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

Over 4 years (2021 to 2025), General Dynamics's net income has grown at a 6.6% compound annual growth rate (CAGR), from $3.26B to $4.21B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

General Dynamics GD Net Income

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$130.39M+16.6%

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$6.63M-12.9%

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$512M+32.6%

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$220M+6.3%

OshkoshOSK

$43.1M-61.6%

Other financials

Income statement

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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

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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

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Operating cash flow$2.2B+1,556%

CapEx$203.0M+43.0%

Free cash flow$2.0B+773%

Valuation

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Market cap$93.22B+24.6%

Enterprise value$99.45B+16.8%

P/E21.5×+2.7×

P/S1.7×+0.2×

Profitability

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Gross margin17.9%—

Operating margin10.2%0.0pp

Net margin8.1%0.0pp

FCF margin11.5%+4.7pp

Returns & leverage

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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:NetIncomeLoss.

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

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Questions, answered.

What is General Dynamics's net income?: General Dynamics (GD) reported net income of $1.13B in Q1 2026.
How has General Dynamics's net income changed year-over-year?: General Dynamics's net income increased by 13.2% year-over-year, from $994M to $1.13B.
What is the long-term trend for General Dynamics's net income?: Over 4 years (2021 to 2025), General Dynamics's net income has grown at a 6.6% compound annual growth rate (CAGR), from $3.26B to $4.21B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.