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
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