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

General Dynamics (GD) reported Operating Expenses of $12.1 billion for Q2 2026, up 10.1% on a YoY basis from $11.0 billion in Q2 2025, and down 6.7% sequentially from $12.9 billion in Q4 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.

  • For the quarter ending Q2 2026, Operating Expenses rose 10.1% year-over-year to $12.1 billion; the trailing twelve-month figure through Apr 2026 stood at $48.3 billion (up 9.33% YoY), and the FY2025 full-year result was $47.2 billion, up 9.96% from the prior year.
  • Operating Expenses slipped to $12.1 billion in Q2 2026, 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.
  • A 5-year average of $10.3 billion and a median of $10.4 billion in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses declined 0.61% in 2022 and gained 17.74% in 2024, its largest moves.
  • Tracing GD's Operating Expenses over 5 years: stood at $9.6 billion in 2022, then grew by 7.86% to $10.4 billion in 2023, then grew by 14.79% to $11.9 billion in 2024, then grew by 8.49% to $12.9 billion in 2025, then retreated 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 General Electric 370.01 Bn 360.67 Bn -3.10 Bn 10.86 Bn
2 Rtx 289.51 Bn 281.20 Bn 9.91 Bn 21.96 Bn
3 Boeing 175.23 Bn 155.21 Bn 2.41 Bn 2.35 Bn
4 Lockheed Martin 131.81 Bn 128.02 Bn 2.45 Bn -
5 Howmet Aerospace 111.46 Bn 109.03 Bn 854.00 Mn 27.00 Mn
6 General Dynamics 103.47 Bn 99.14 Bn 6.76 Bn 12.63 Bn
7 Northrop Grumman 75.90 Bn 73.59 Bn 3.72 Bn 9.78 Bn
8 TransDigm 72.86 Bn 68.97 Bn 1.51 Bn 273.00 Mn
9 L3Harris Technologies 50.70 Bn 50.11 Bn 1.40 Bn 750.00 Mn
10 Embraer 49.85 Bn 47.89 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