What is General Dynamics's operating income?

General Dynamics (GD) reported operating income of $1.42B in Q1 2026.

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

General Dynamics's operating income increased by 12.0% year-over-year, from $1.27B to $1.42B.

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

Over 4 years (2021 to 2025), General Dynamics's operating income has grown at a 6.5% compound annual growth rate (CAGR), from $4.16B to $5.36B.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

General Dynamics GD Operating Income

Operating Income at other companies

BoeingBA

$448M-2.8%

CACI InternationalCACI

$228.88M+16.6%

L3Harris TechnologiesLHX

$652M+24.2%

OshkoshOSK

$82M-53.2%

Lockheed MartinLMT

$2.06B-13.0%

MaximusMMS

$148.49M-2.9%

Segments

By segment

See full

Aerospace$493M+14.1%

Technologies$339M+3.4%

Marine Systems$316M+26.4%

Combat Systems$310M+6.5%

Other financials

Income statement

See full

Revenue$13.5B+10.3%

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:OperatingIncomeLoss.

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 operating income.

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

Connect your AI

Claude

Questions, answered.

What is General Dynamics's operating income?: General Dynamics (GD) reported operating income of $1.42B in Q1 2026.
How has General Dynamics's operating income changed year-over-year?: General Dynamics's operating income increased by 12.0% year-over-year, from $1.27B to $1.42B.
What is the long-term trend for General Dynamics's operating income?: Over 4 years (2021 to 2025), General Dynamics's operating income has grown at a 6.5% compound annual growth rate (CAGR), from $4.16B to $5.36B.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.