What is General Dynamics's deferred tax assets?

General Dynamics (GD) reported deferred tax assets of $18M in Q1 2026.

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

General Dynamics's deferred tax assets increased by 5.9% year-over-year, from $17M to $18M.

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

Over 5 years (2020 to 2025), General Dynamics's deferred tax assets has grown at a -12.5% compound annual growth rate (CAGR), from $37M to $19M.

What does deferred tax assets mean?

The value of future tax savings expected to be realized from current accounting differences.

Non-Current Assets

Deferred Tax Assets

General Dynamics Deferred Tax Assets decreased by 5.3% to $18M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $17M to $18M. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets shows a downward trend with a -12.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryLiquidity

SignalHigher is better

VolatilityModerate

First reportedQ4 2019

Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase suggests the company has accumulated tax-deductible items that can reduce future tax payments.

Detailed definition

This represents the net value of deferred tax assets that are expected to be realized in periods beyond one year. These...

Peer comparison

Common across all industries; size depends on profitability history and tax planning.

Metric ID: non_current_assets_deferred_income_tax_assets_net

Historical 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	$35M	$39M	$41M	$41M	$42M	$31M	$39M	$37M	$36M	$45M	$28M	$35M	$29M	$28M	$19M	$17M	$16M	$19M	$19M	$18M
QoQ Change	—	+11.4%	+5.1%	+0.0%	+2.4%	-26.2%	+25.8%	-5.1%	-2.7%	+25.0%	-37.8%	+25.0%	-17.1%	-3.4%	-32.1%	-10.5%	-5.9%	+18.8%	+0.0%	-5.3%
YoY Change	—	—	—	—	+20.0%	-20.5%	-4.9%	-9.8%	-14.3%	+45.2%	-28.2%	-5.4%	-19.4%	-37.8%	-32.1%	-51.4%	-44.8%	-32.1%	+0.0%	+5.9%

Range$16M – $45M

CAGR-13.1%

Avg YoY Growth-14.4%

Median YoY Growth-16.9%

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Frequently Asked Questions

What is General Dynamics's deferred tax assets?: General Dynamics (GD) reported deferred tax assets of $18M in Q1 2026.
How has General Dynamics's deferred tax assets changed year-over-year?: General Dynamics's deferred tax assets increased by 5.9% year-over-year, from $17M to $18M.
What is the long-term trend for General Dynamics's deferred tax assets?: Over 5 years (2020 to 2025), General Dynamics's deferred tax assets has grown at a -12.5% compound annual growth rate (CAGR), from $37M to $19M.
What does deferred tax assets mean?: The value of future tax savings expected to be realized from current accounting differences.