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| 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 |