GD · Q2 FY25 · Mar 31 – Jun 29, 2025
General Dynamics Q2 FY25: where the revenue came from and where it went
General Dynamics Q2 FY25: revenue $13B (+9% year over year). Net profit $1B. Largest cohort Marine Systems $4.2B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Mar 31 – Jun 29, 2025
- Reported
- Jul 23, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$13B
+9% year over year
Gross profit$6.2B
48% margin
Operating profit$1.3B
10% margin
Net profit$1B
8% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 13 | 100% | +9% |
| Marine Systems | 4.2 | 32% | +22% |
| Technologies | 3.5 | 27% | +5% |
| Aerospace | 3.1 | 24% | +4% |
| Combat Systems | 2.3 | 18% | +0% |
| Cost of revenue | −6.8 | 52% | |
| Gross profit | 6.2 | 48% margin | −1pp |
| G&A | −0.6 | 5% | +0pp |
| Other | −4.3 | 33% | +0pp |
| Operating profit | 1.3 | 10% margin | +0pp |
| Tax | −0.2 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 1 | 8% | +0pp |
Older quarters
-
Q1 FY26 4/2026Revenue $13.5B Net margin 8%
-
Q4 FY25 12/2025Revenue $14.4B Net margin 8%
-
Q3 FY25 9/2025Revenue $12.9B Net margin 8%
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