GD · XBRL financial data

General Dynamics financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (GD's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	37,925	38,469	39,407	42,272	47,716	52,550
Revenue from contracts with customers	37,925	38,469	39,407	42,272	47,716	52,550
General and administrative	2,192	2,245	2,411	2,427	2,568	2,595
Operating income (loss)	4,133	4,163	4,211	4,245	4,796	5,356
Interest expense	489	431	391	399	—	—
Other income (expense)	82	134	189	82	68	61
Income tax expense (benefit)	571	616	646	669	758	893
Net income (loss)	3,167	3,257	3,390	3,315	3,782	4,210
Earnings per share, basic USD per share	11.04	11.61	12.31	12.14	13.81	15.65
Earnings per share, diluted USD per share	11.00	11.55	12.19	12.02	13.63	15.45
Weighted average shares, basic millions of shares	287	280	275	273	274	269
Weighted average shares, diluted millions of shares	288	282	278	276	277	272

Fiscal years (GD's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	2,824	1,603	1,242	1,913	1,697	2,333
Accounts receivable	3,161	3,041	3,008	3,004	2,977	2,406
Inventory	5,745	5,340	6,322	8,578	9,724	9,232
Total current assets	21,543	19,987	21,063	23,615	24,386	24,248
Property and equipment, net	5,100	5,417	5,900	6,198	6,467	7,525
Right-of-use asset	1,328	1,257	1,263	1,280	1,295	1,284
Goodwill	20,053	20,098	20,334	20,586	20,556	21,009
Total assets	51,308	50,073	51,585	54,810	55,880	57,249
Accounts payable	2,952	3,167	3,398	3,095	3,344	2,678
Total current liabilities	15,964	13,978	15,341	16,432	17,824	16,796
Long-term debt	9,995	10,490	9,243	8,754	7,260	7,007
Lease liability, non-current	1,149	1,085	1,106	1,115	1,133	1,124
Retained earnings	33,498	35,420	37,403	39,270	41,487	44,080
Total stockholders' equity	15,661	17,641	18,568	21,299	22,063	25,622
Total liabilities and equity	51,308	50,073	51,585	54,810	55,880	57,249
Common shares outstanding (cover page) millions of shares	286	278	274	274	270	270

Fiscal years (GD's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	3,167	3,257	3,390	3,315	3,782	4,210
Stock-based compensation	128	126	165	181	183	196
Net cash from operating activities	3,858	4,271	4,579	4,710	4,112	5,120
Purchases of property and equipment	967	887	1,114	904	916	1,161
Net cash from investing activities	(974)	(882)	(1,489)	(941)	(953)	(1,284)
Share repurchases	587	1,828	1,229	434	1,501	637
Dividends paid	1,240	1,315	1,369	1,428	1,529	1,593
Repayments of long-term debt	2,000	—	1,000	1,250	500	1,500
Net cash from financing activities	(903)	(4,590)	(3,471)	(3,094)	(3,369)	(3,190)
Net change in cash	1,922	(1,221)	(361)	671	(216)	636

SIC 3730 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3730 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
General Dynamics	4,388	14,566	1,710*	270.2M	Q3 FY26 10-QOct 4, 2026
Northrop Grumman	3,744	11,122	1,745*	142.1M	Q3 FY26 10-QSep 30, 2026
TransDigm Group	2,773	2,741	724*	55.3M	Q3 FY26 10-QJun 27, 2026
L3harris Technologies	2,471	6,060	1,439*	186.2M	Q3 FY26 10-QOct 2, 2026
Lockheed Martin	5,960	20,711	3,438*	231.0M	Q3 FY26 10-QSep 27, 2026
Garmin	2,040	1,986	394*	192.7M	Q3 FY26 10-QSep 26, 2026
Honeywell International	5,694	4,994	not reported	317.4M	Q3 FY26 10-QSep 30, 2026
Boeing	9,498	24,188	1,496*	792.4M	Q3 FY26 10-QSep 30, 2026
Heico	241	1,413	345*	not reported	Q3 FY26 10-QJul 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.