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General Dynamics GD Total costs & expenses

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Other financials

Income statement

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Revenue$14.1B+8.1%
Operating income$1.5B+11.9%
Net income$1.2B+14.4%
EPS (diluted)$4.24+13.4%

Balance sheet

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Cash & equivalents$4.3B+185%
Total debt$10.8B+1.0%
Total equity$26.8B+13.8%
Total assets$60.2B+5.8%

Cash flow

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Operating cash flow$1.9B+17.6%
CapEx$234.0M+18.2%
Free cash flow$1.6B+17.6%

Valuation

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Market cap$103.74B+23.3%
Enterprise value$110.2B+18.1%
P/E23.1×+2.5×
P/S1.9×+0.2×

Profitability

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Gross margin17.9%
Operating margin10.3%0.0pp
Net margin8.2%+0.1pp
FCF margin11.8%+3.5pp

Returns & leverage

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Return on equity17.8%-0.1pp
Debt / equity0.4×-0.1×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by General Dynamics in its filing.

Tagged under the XBRL concept us-gaap:CostsAndExpenses.

The source filing: General Dynamics’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 11:09 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000040533-26-000032
(Dollars in millions, except per-share amounts)Three Months Ended / July 5, 2026Three Months Ended / June 29, 2025
Products(7,337)(6,823)
Services(4,574)(4,269)
General and administrative (G&A)(723)(644)
(12,634)(11,736)
Operating earnings1,4601,305
Other, net(4)15
Interest, net(49)(88)
Earnings before income tax1,4071,232

Item 6 - [Exhibits](#i6405665e2a3b4a7a9dbeb438be86e654_148) [44](#i6405665e2a3b4a7a9dbeb438be86e654_148)

FAQ

What is General Dynamics's total costs & expenses?
General Dynamics (GD) reported total costs & expenses of $12.63B in Q2 2026.
How has General Dynamics's total costs & expenses changed year-over-year?
General Dynamics's total costs & expenses increased by 7.7% year-over-year, from $11.74B to $12.63B.
What is the long-term trend for General Dynamics's total costs & expenses?
Over 4 years (2021 to 2025), General Dynamics's total costs & expenses has grown at a 8.3% compound annual growth rate (CAGR), from $34.31B to $47.19B.
What does total costs & expenses mean?
This metric represents the aggregate sum of all operating and non-operating costs incurred by the company to generate revenue during a specific reporting period. It encompasses the cost of goods sold, research and development, selling, general and administrative expenses, and other operational outlays. Monitoring this figure is essential for evaluating the company's overall cost structure and its ability to maintain operating margins amidst fluctuating production or service delivery demands.

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