General Dynamics (GD) Gross Margin (2009 - 2026)
General Dynamics' (GD) quarterly Gross Margin came in at 47.94% in Q3 2026, up 26.0% year-over-year from 38.05% in Q3 2025, and down 1.15% quarter-over-quarter from 48.5% in Q2 2026.
Analysis
General Dynamics (GD) Gross Margin (2009 - 2026) Analysis & Trends
General Dynamics has disclosed Gross Margin across 18 years of filings, most recently posting 47.94% for Q3 2026.
- In Q3 2026, Gross Margin rose 26.0% year-over-year to 47.94%; the TTM figure through Jul 2026 stood at 46.63% (down 169.0% YoY), while the FY2025 annual figure was 46.78%, down 222.0% from the prior year.
- Gross Margin came in at 47.94% for Q3 2026 at General Dynamics, down from 48.5% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 54.63% in Q3 2022 to a low of 42.88% in Q4 2025.
- Average Gross Margin over 5 years is 49.69%, with a median of 49.65% recorded in 2023.
- Year-over-year, Gross Margin jumped 136 bps in 2022 and slumped 396 bps in 2024.
- Over 5 years, Gross Margin stood at 48.44% in 2022, then rose by 2 bps to 49.55% in 2023, then dropped by 8 bps to 45.58% in 2024, then declined by 6 bps to 42.88% in 2025, then advanced by 12 bps to 47.94% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 47.94% in Q3 2026, 48.5% in Q2 2026, and 42.88% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.20 Bn | 117.41 Bn | 2.45 Bn | 12.19% |
| 2 | General Dynamics | 97.24 Bn | 92.90 Bn | 6.76 Bn | 47.94% |
| 3 | Motorola Solutions | 77.45 Bn | 76.75 Bn | 1.68 Bn | 53.56% |
| 4 | Northrop Grumman | 73.15 Bn | 70.84 Bn | 3.72 Bn | 34.21% |
| 5 | L3Harris Technologies | 47.76 Bn | 47.20 Bn | 1.50 Bn | 25.54% |
| 6 | Elbit Systems | 32.88 Bn | 31.92 Bn | 579.01 Mn | 25.32% |
| 7 | Teledyne Technologies | 28.32 Bn | 27.98 Bn | 738.10 Mn | 44.40% |
| 8 | Curtiss Wright | 20.93 Bn | 20.46 Bn | 364.09 Mn | 39.40% |
| 9 | Leidos Holdings | 16.70 Bn | 16.01 Bn | 817.00 Mn | 17.92% |
| 10 | Caci International | 13.78 Bn | 13.58 Bn | 913.55 Mn | 33.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 47.94% |
| Apr 5, 2026 | 48.50% |
| Dec 31, 2025 | 42.88% |
| Sep 28, 2025 | 47.41% |
| Jun 29, 2025 | 47.68% |
| Mar 30, 2025 | 49.76% |
| Dec 31, 2024 | 45.58% |
| Sep 29, 2024 | 50.65% |
| Jun 30, 2024 | 48.84% |
| Mar 31, 2024 | 51.64% |
| Dec 31, 2023 | 49.55% |
| Oct 1, 2023 | 51.30% |
| Jul 2, 2023 | 51.59% |
| Apr 2, 2023 | 53.03% |
| Dec 31, 2022 | 48.44% |
| Oct 2, 2022 | 50.83% |
| Jul 3, 2022 | 54.63% |
| Apr 3, 2022 | 54.09% |
| Dec 31, 2021 | 48.75% |
| Oct 3, 2021 | 52.42% |