GD · Q1 FY26 · Jan 1 – Apr 5, 2026
General Dynamics Q1 FY26: where the revenue came from and where it went
General Dynamics Q1 FY26: revenue $13.5B (+10% year over year). Net profit $1.1B. Largest cohort Nuclear-powered submarines $3.5B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jan 1 – Apr 5, 2026
- Reported
- Jul 29, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$13.5B
+10% year over year
Gross profit$2.3B
17% margin
Operating profit$1.4B
11% margin
Net profit$1.1B
8% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 13.5 | 100% | +10% |
| Nuclear-powered submarines | 3.5 | 26% | +34% |
| Information technology (IT) | 2.4 | 18% | −1% |
| Combat Systems | 2.3 | 17% | +5% |
| C5ISR* solutions | 1.3 | 10% | +19% |
| Military vehicles | 1.1 | 8% | |
| Other | 1.1 | 8% | |
| Aircraft services | 1.1 | 8% | +23% |
| Surface ships | 0.8 | 6% | +19% |
| Cost of revenue | −11.2 | 83% | |
| Gross profit | 2.3 | 17% margin | +0pp |
| G&A | −0.7 | 5% | +0pp |
| Other | −0.2 | 1% | +0pp |
| Operating profit | 1.4 | 11% margin | +0pp |
| Tax | −0.2 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 1.1 | 8% | +0pp |
Older quarters
-
Q4 FY25 12/2025Revenue $14.4B Net margin 8%
-
Q3 FY25 9/2025Revenue $12.9B Net margin 8%
-
Q2 FY25 6/2025Revenue $13B Net margin 8%
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