General Dynamics GD
NYSE GD
$384.37 -1.70 (-0.44%)
As of: Aug 21, 2026 · 11:09 AM EDT

General Dynamics (GD) Operating Expenses (2009 - 2026)

General Dynamics (GD) posted Operating Expenses of $12.6 billion for Q3 2026, up 4.75% sequentially from $12.1 billion in Q2 2026, and up 7.65% YoY from $11.7 billion in Q3 2025.

General Dynamics (GD) Operating Expenses (2009 - 2026) Analysis & Trends

General Dynamics has reported Operating Expenses for 18 years, with the latest figure at $12.6 billion in Q3 2026.

  • Quarterly Operating Expenses rose 7.65% year-over-year to $12.6 billion in Q3 2026, while the trailing twelve-month figure through Jul 2026 was $49.2 billion (up 9.1% YoY) and the FY2025 annual result came in at $47.2 billion, up 9.96% from the prior year.
  • Operating Expenses climbed to $12.6 billion in Q3 2026 per GD's latest filing, from $12.1 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $12.9 billion in Q4 2025 and troughed at $8.2 billion in Q3 2022.
  • A 5-year average of $10.4 billion and a median of $10.4 billion in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses retreated 0.61% in 2022, then climbed 17.74% in 2024.
  • Over 5 years, Operating Expenses stood at $9.6 billion in 2022, then gained by 7.86% to $10.4 billion in 2023, then gained by 14.79% to $11.9 billion in 2024, then gained by 8.49% to $12.9 billion in 2025, then fell by 2.27% to $12.6 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $12.6 billion, $12.1 billion, and $12.9 billion for Q3 2026, Q2 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 360.77 Bn 351.43 Bn 6.95 Bn 10.86 Bn
2 Rtx 285.16 Bn 276.85 Bn 9.91 Bn 21.96 Bn
3 Boeing 168.74 Bn 148.72 Bn 2.41 Bn 2.35 Bn
4 Lockheed Martin 130.80 Bn 127.01 Bn 2.45 Bn -
5 Howmet Aerospace 108.59 Bn 108.02 Bn 951.00 Mn 156.00 Mn
6 General Dynamics 103.93 Bn 99.60 Bn 6.76 Bn 12.63 Bn
7 Northrop Grumman 78.93 Bn 76.62 Bn 3.72 Bn 9.78 Bn
8 TransDigm 68.78 Bn 66.00 Bn 1.63 Bn 332.00 Mn
9 Axon Enterprise 50.91 Bn 50.24 Bn 546.45 Mn 499.67 Mn
10 L3Harris Technologies 50.28 Bn 48.76 Bn 1.50 Bn 848.00 Mn

Historic Data

Download Data
DateValue
Jul 5, 2026 12.63 Bn
Apr 5, 2026 12.06 Bn
Dec 31, 2025 12.93 Bn
Sep 28, 2025 11.58 Bn
Jun 29, 2025 11.74 Bn
Mar 30, 2025 10.96 Bn
Dec 31, 2024 11.92 Bn
Sep 29, 2024 10.49 Bn
Jun 30, 2024 10.82 Bn
Mar 31, 2024 9.70 Bn
Dec 31, 2023 10.38 Bn
Oct 1, 2023 9.51 Bn
Jul 2, 2023 9.19 Bn
Apr 2, 2023 8.94 Bn
Dec 31, 2022 9.62 Bn
Oct 2, 2022 8.88 Bn
Jul 3, 2022 8.21 Bn
Apr 3, 2022 8.48 Bn
Dec 31, 2021 9.11 Bn
Oct 3, 2021 8.49 Bn