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

General Dynamics' (GD) quarterly Operating Expenses came in at $12.1 billion in Q2 2026, up 10.1% year-on-year from $11.0 billion in Q2 2025, and down 6.7% quarter-over-quarter from $12.9 billion in Q4 2025.

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

General Dynamics has disclosed Operating Expenses across 18 years of filings, most recently posting $12.1 billion for Q2 2026.

  • Operating Expenses for Q2 2026 came in at $12.1 billion, up 10.1% year-over-year; the trailing twelve-month figure through Apr 2026 was $48.3 billion (up 9.33% YoY), and the FY2025 annual result was $47.2 billion, up 9.96% from the prior year.
  • Operating Expenses came in at $12.1 billion for Q2 2026 at General Dynamics, down from $12.9 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.
  • The 5-year median for Operating Expenses is $10.4 billion (2023), against an average of $10.3 billion.
  • Across the five-year window, Operating Expenses declined 0.61% in 2022 and gained 17.74% in 2024, its largest moves.
  • General Dynamics' 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 decreased by 6.7% to $12.1 billion in 2026.
  • The last three Operating Expenses figures came in at $12.1 billion (Q2 2026), $12.9 billion (Q4 2025), and $11.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 1.85 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 10.18 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 19.59 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 2.10 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 120.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 12.06 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 8.89 Bn
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn 273.00 Mn

Historic Data

Download Data
DateValue
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