GD
GENERAL DYNAMICS CORP
NYSE · Industrials · Aerospace & Defense · US
$366.21
−2.21%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 56.5B | 52.5B | 47.7B | 42.3B | 39.4B |
| Cost of Revenue | 47.8B | 44.6B | 40.4B | 35.6B | 32.8B |
| Gross Profit | 8.7B | 8.0B | 7.4B | 6.7B | 6.6B |
| Operating Expenses | |||||
| R&D Expense | 486.0M | 486.0M | 565.0M | 510.0M | 480.0M |
| SG&A Expense | 2.9B | 2.5B | 2.6B | 2.4B | 2.4B |
| General & Admin Expense | 2.9B | 2.6B | 2.6B | 2.4B | 2.4B |
| Selling & Marketing Expense | (6.0M) | (64.0M) | — | — | — |
| Other Expenses | (480.0M) | (422.0M) | (565.0M) | (510.0M) | (480.0M) |
| Total Operating Expenses | 2.9B | 2.6B | 2.6B | 2.4B | 2.4B |
| Cost and Expenses | 50.7B | 47.2B | 42.9B | 38.0B | 35.2B |
| Operating Income (EBIT) | 5.9B | 5.4B | 4.8B | 4.2B | 4.2B |
| Non-Operating | |||||
| Interest Income | — | — | 69.0M | 56.0M | 27.0M |
| Interest Expense | 226.0M | 314.0M | 393.0M | 399.0M | 391.0M |
| Net Interest Income | (226.0M) | (314.0M) | (324.0M) | (343.0M) | (364.0M) |
| Other Non-Op Income/Expense | (198.0M) | (253.0M) | (256.0M) | (261.0M) | (175.0M) |
| Non-Operating Income (excl Interest) | (79.0M) | (61.0M) | (137.0M) | (138.0M) | (216.0M) |
| EBT (Pre-Tax Income) | 5.7B | 5.1B | 4.5B | 4.0B | 4.0B |
| Income Tax Expense | 1.0B | 893.0M | 758.0M | 669.0M | 646.0M |
| Bottom Line | |||||
| Net Income | 4.7B | 4.2B | 3.8B | 3.3B | 3.4B |
| Earnings from Cont. Ops | 4.7B | 4.2B | 3.8B | 3.3B | 3.4B |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 4.7B | 4.2B | 3.8B | 3.3B | 3.4B |
| Per Share | |||||
| Basic EPS | $17.24 | $15.64 | $13.81 | $12.14 | $12.31 |
| Diluted EPS | $17.01 | $15.46 | $13.63 | $12.02 | $12.19 |
| Revenue Per Share | $209.16 | $194.70 | $171.96 | $154.76 | $143.14 |
| Shares | |||||
| Basic Shares Outstanding | 270.2M | 269.9M | 277.5M | 273.1M | 275.3M |
| Diluted Shares Outstanding | 273.8M | 273.9M | 277.5M | 275.7M | 278.2M |
| Profitability Metrics | |||||
| EBITDA | 6.9B | 6.3B | 5.8B | 5.2B | 5.3B |
| D&A | 950.0M | 924.0M | 886.0M | 863.0M | 884.0M |
| EBIT | 5.9B | 5.4B | 4.9B | 4.4B | 4.4B |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Oct 1, 2026