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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |