General Dynamics (GD) Operating Income (2009 - 2026)
General Dynamics' Operating Income was $1.46 billion in Q2 2026, up 11.9% from $1.31 billion a year earlier and up 2.8% from the prior quarter.
General Dynamics (GD) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, General Dynamics' Operating Income was $5.66 billion through Jul 5, 2026, up 9.4% year-over-year; for FY2025, it came in at $5.36 billion, up 11.7% from FY2024.
- Operating Income has now increased for five consecutive years, with a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- In earlier years, Operating Income was $4.8 billion in FY2024 (+13.0%), $4.25 billion in FY2023 (+0.8%), $4.21 billion in FY2022 (+1.2%) and $4.16 billion in FY2021 (+0.7%).
- The Q2 2026 figure marks the highest quarterly Operating Income in data going back to Q1 2009.
- Compared with a year earlier, Operating Income has increased for 11 straight quarters, with growth averaging 12.0% over the last eight quarters.
- The best year-over-year quarter for Operating Income over five years was Q1 2025 (growth of 22.4%); the worst was Q4 2021 (a decline of 8.3%).
- Per Business Quant data, GD's Operating Income in the three quarters before Q2 2026 was $1.42 billion (Q1 2026), $1.45 billion (Q4 2025) and $1.33 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | -6.18 Bn |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 2.81 Bn |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 156.00 Mn |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 2.48 Bn |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 711.00 Mn |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 1.46 Bn |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 809.00 Mn |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 1.10 Bn |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 1.79 Bn |
| 10 | TransDigm | 61.31 Bn | 49.40 Bn | 1.63 Bn | 1.23 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 1.46 Bn |
| Apr 5, 2026 | 1.42 Bn |
| Dec 31, 2025 | 1.45 Bn |
| Sep 28, 2025 | 1.33 Bn |
| Jun 29, 2025 | 1.31 Bn |
| Mar 30, 2025 | 1.27 Bn |
| Dec 31, 2024 | 1.42 Bn |
| Sep 29, 2024 | 1.18 Bn |
| Jun 30, 2024 | 1.16 Bn |
| Mar 31, 2024 | 1.04 Bn |
| Dec 31, 2023 | 1.29 Bn |
| Oct 1, 2023 | 1.06 Bn |
| Jul 2, 2023 | 962.00 Mn |
| Apr 2, 2023 | 938.00 Mn |
| Dec 31, 2022 | 1.23 Bn |
| Oct 2, 2022 | 1.10 Bn |
| Jul 3, 2022 | 978.00 Mn |
| Apr 3, 2022 | 908.00 Mn |
| Dec 31, 2021 | 1.19 Bn |
| Oct 3, 2021 | 1.08 Bn |
General Dynamics Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=GD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "GD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=GD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();