General Dynamics (GD) Operating Expenses (2009 - 2026)
General Dynamics (GD) posted Operating Expenses of $12.1 billion for Q2 2026, down 6.7% sequentially from $12.9 billion in Q4 2025, and up 10.1% YoY from $11.0 billion in Q2 2025.
General Dynamics (GD) Operating Expenses (2009 - 2026) Analysis & Trends
General Dynamics (GD) has 18 years of Operating Expenses data on file, last reported at $12.1 billion in Q2 2026.
- Quarterly Operating Expenses rose 10.1% year-over-year to $12.1 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $48.3 billion (up 9.33% YoY) and the FY2025 annual result came in at $47.2 billion, up 9.96% from the prior year.
- Operating Expenses slipped to $12.1 billion in Q2 2026 per GD's latest filing, from $12.9 billion in the prior quarter.
- The five-year high for Operating Expenses was $12.9 billion in Q4 2025, with the low at $8.2 billion in Q3 2022.
- Average Operating Expenses over 5 years is $10.3 billion, with a median of $10.4 billion recorded in 2023.
- Year-over-year, Operating Expenses slipped 0.61% in 2022 and increased 17.74% in 2024.
- General Dynamics' Operating Expenses stood at $9.6 billion in 2022, then advanced by 7.86% to $10.4 billion in 2023, then advanced by 14.79% to $11.9 billion in 2024, then advanced by 8.49% to $12.9 billion in 2025, then declined by 6.7% to $12.1 billion in 2026.
- Business Quant data shows GD's Operating Expenses at $12.1 billion in Q2 2026, $12.9 billion in Q4 2025, and $11.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.10 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 19.59 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 12.06 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 120.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 273.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 8.89 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 132.46 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 1.03 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 4, 2021 | 8.26 Bn |