Discontinued — last reported Q2 '24

Other

Unbilled Receivables

General Dynamics Unbilled Receivables increased by 8.0% to $9.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $9.14B to $9.05B. Over 5 years (FY 2020 to FY 2025), Unbilled Receivables shows relatively stable performance with a 0.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ2 2024

How to read this metric

An increase often reflects progress on long-term contracts, while a sudden decrease may indicate successful billing or project completion.

Detailed definition

This represents revenue recognized for work performed but not yet invoiced to the customer under the terms of a contract...

Peer comparison

Common in government contracting, construction, and professional services firms with long-term project accounting.

Metric ID: other_unbilled_receivables_current

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$7.92B$8.33B$8.50B$7.89B$7.82B$8.11B$8.80B$8.15B$8.29B$8.45B$8.00B$8.52B$8.57B$8.85B$8.25B$9.14B$8.41B$8.64B$8.38B$9.05B
QoQ Change+5.2%+2.0%-7.2%-0.9%+3.7%+8.4%-7.4%+1.8%+2.0%-5.4%+6.6%+0.5%+3.3%-6.8%+10.8%-8.0%+2.7%-3.0%+8.0%
YoY Change-1.3%-2.7%+3.5%+3.3%+6.0%+4.2%-9.1%+4.6%+3.3%+4.7%+3.1%+7.2%-1.8%-2.4%+1.6%-1.0%
Range$7.82B$9.14B
CAGR+2.8%
Avg YoY Growth+1.5%
Median YoY Growth+3.2%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Combat Systems$1.30B$1.40B$1.20B$1.30B$1.40B$1.30B$1.30B$1.30B
Total$8.57B$8.85B$8.25B$9.14B$8.41B$8.64B$8.38B$9.05B

Frequently Asked Questions

What is General Dynamics's unbilled receivables?
General Dynamics (GD) reported unbilled receivables of $9.05B in Q1 2026.
How has General Dynamics's unbilled receivables changed year-over-year?
General Dynamics's unbilled receivables decreased by 1.0% year-over-year, from $9.14B to $9.05B.
What is the long-term trend for General Dynamics's unbilled receivables?
Over 5 years (2020 to 2025), General Dynamics's unbilled receivables has grown at a 0.9% compound annual growth rate (CAGR), from $8.02B to $8.38B.
What does unbilled receivables mean?
Revenue earned but not yet billed to the customer.