General Dynamics Corporation
GD Industrials Aerospace & Defense
General Dynamics Corporation’s revenue for fiscal 2025 (year ended December 2025) was $52.6 billion, up 10.1% from fiscal 2024. In the quarter to June 2026, revenue grew 8.07%, EPS grew 13.5%, free cash flow grew 17.6% and total debt fell 13.7%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for five.
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General Dynamics Corporation (GD) Net income
General Dynamics Corporation's net income for fiscal 2025 was $4.2B, up 11.3% from $3.8B in fiscal 2024. Over the twelve months to 30 June 2026 it was $4.5B. Over the past ten years it has ranged from $2.6B (fiscal 2016) to $4.2B (fiscal 2025) — the current reading is the highest in ten years. General Dynamics Corporation ranks 5th of 82 Aerospace & Defense companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $4.2B | 11.32% |
| FY2024 | $3.8B | 14.09% |
| FY2023 | $3.3B | (2.21%) |
| FY2022 | $3.4B | 4.08% |
| FY2021 | $3.3B | 2.84% |
| FY2020 | $3.2B | (9.10%) |
| FY2019 | $3.5B | 4.16% |
| FY2018 | $3.3B | 14.87% |
| FY2017 | $2.9B | 13.22% |
| FY2016 | $2.6B | (15.28%) |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Jun 2026 | $1.2B | 3.11% |
| Mar 2026 | $1.1B | (1.57%) |
| Dec 2025 | $1.1B | 7.93% |
| Sep 2025 | $1.1B | 4.44% |
| 42 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| LMT Lockheed Martin Corporation compare | $6.3B |
| NOC Northrop Grumman Corporation compare | $4.5B |
| GD General Dynamics Corporation | $4.5B |
| BA The Boeing Company compare | $2.4B |
| TDG Transdigm Group Incorporated compare | $2.1B |
| LHX L3Harris Technologies Inc compare | $1.9B |
| HWM Howmet Aerospace Inc. compare | $1.9B |
| HEI Heico Corporation compare | $912.4M |
| HEI.A Heico Corporation compare | $912.4M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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- Revenue
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement