General Dynamics GD
NYSE GD
$354.27 +1.60 (+0.45%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

General Dynamics' (GD) quarterly Operating Expenses came in at $12.6 billion in Q3 2026, up 7.65% year-over-year from $11.7 billion in Q3 2025, and up 4.75% quarter-over-quarter from $12.1 billion in Q2 2026.

Analysis

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

General Dynamics has disclosed Operating Expenses across 18 years of filings, most recently posting $12.6 billion for Q3 2026.

  • In Q3 2026, Operating Expenses rose 7.65% year-over-year to $12.6 billion; the TTM figure through Jul 2026 stood at $49.2 billion (up 9.1% YoY), while the FY2025 annual figure was $47.2 billion, up 9.96% from the prior year.
  • Operating Expenses came in at $12.6 billion for Q3 2026 at General Dynamics, up from $12.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $12.9 billion in Q4 2025 to a low of $8.2 billion in Q3 2022.
  • Average Operating Expenses over 5 years is $10.4 billion, with a median of $10.4 billion recorded in 2023.
  • Year-over-year, Operating Expenses fell 0.61% in 2022 and advanced 17.74% in 2024.
  • Over 5 years, Operating Expenses stood at $9.6 billion in 2022, then increased by 7.86% to $10.4 billion in 2023, then increased by 14.79% to $11.9 billion in 2024, then increased by 8.49% to $12.9 billion in 2025, then dropped by 2.27% to $12.6 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $12.6 billion in Q3 2026, $12.1 billion in Q2 2026, and $12.9 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Lockheed Martin 122.01 Bn 118.22 Bn 2.45 Bn -
2 General Dynamics 95.71 Bn 91.37 Bn 6.76 Bn 12.63 Bn
3 Motorola Solutions 76.80 Bn 76.09 Bn 1.68 Bn 756.00 Mn
4 Northrop Grumman 73.72 Bn 71.41 Bn 3.72 Bn 9.78 Bn
5 L3Harris Technologies 46.24 Bn 44.72 Bn 1.50 Bn 848.00 Mn
6 Elbit Systems 33.11 Bn 32.15 Bn 579.01 Mn 360.21 Mn
7 Teledyne Technologies 27.62 Bn 27.28 Bn 738.10 Mn 1.33 Bn
8 Curtiss Wright 20.67 Bn 20.19 Bn 364.09 Mn 139.39 Mn
9 Leidos Holdings 16.32 Bn 15.57 Bn 817.00 Mn 310.00 Mn
10 Caci International 13.78 Bn 13.59 Bn 913.55 Mn 2.44 Bn
Historic Data

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