General Dynamics Q3 FY25: where the revenue came from and where it went
The whole income statement of General Dynamics for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jun 30 – Sep 28, 2025
- Reported
- Oct 24, 2025
Revenue$12.9B
+11% year over year
Gross profit$2.0B
15% margin
Operating profit$1.3B
10% margin
Net profit$1.1B
8% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 12.9 | 100% | +11% |
| Marine systems | 4.1 | 32% | +14% |
| Technologies | 3.3 | 26% | −2% |
| Aerospace | 3.2 | 25% | +30% |
| Combat systems | 2.3 | 17% | +2% |
| Cost of revenue | −10.9 | 85% | |
| Gross profit | 2.0 | 15% margin | +0pp |
| G&A | −0.6 | 5% | −1pp |
| Operating profit | 1.3 | 10% margin | +0pp |
| Interest & other costs | −0.1 | ||
| Tax | −0.2 | ||
| Net profit | 1.1 | 8% margin | +0pp |
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