General Dynamics Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of General Dynamics Corporation (GD). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | Q1 2025 | Q2 2025 | Q2 2026 | Q3 2026 |
|---|---|---|---|---|
| Marine Systems | $3.59B 29.4% | $4.22B 32.4% | $4.34B 32.2% | $4.66B 33.1% |
| Technologies | $3.43B 28.1% | $3.48B 26.7% | $3.58B 26.5% | $3.62B 25.7% |
| Aerospace | $3.03B 24.8% | $3.06B 23.5% | $3.28B 24.3% | $3.53B 25.0% |
| Combat Systems | $2.18B 17.8% | $2.28B 17.5% | $2.28B 16.9% | $2.29B 16.2% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | Q1 2025 | Q2 2025 | Q2 2026 | Q3 2026 |
|---|---|---|---|---|
| Products | $7.33B 60.0% | $8.01B 61.4% | $8.29B 61.5% | $8.71B 61.8% |
| Services | $4.89B 40.0% | $5.03B 38.6% | $5.20B 38.5% | $5.38B 38.2% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Remaining performance obligations
Remaining performance obligations are the part of the business already sold but not yet delivered and therefore not yet booked as revenue. In subscription and project businesses it points the way earlier than revenue does.
| As of | Remaining performance obligations |
|---|---|
| Q4 2025 | $118.00B |
| Q4 2024 | $90.60B |
| Q4 2023 | $93.60B |
| Q3 2018 | $69.50B |
| Q3 2018 | $66.30B |
| Q2 2018 | $62.10B |
| Q4 2017 | $63.20B |
| Q4 2017 | $63.90B |
Operating metrics
Operating metrics are the figures a company uses to measure its own business — customer counts, stores, deliveries or the churn rate. None of them appear in the financial statements, and they often explain earlier than revenue does why revenue is moving.
| Metric | Q2 2025 | Q3 2025 | Q2 2026 | Q3 2026 |
|---|---|---|---|---|
| Total estimated contract value | $161.20B | $167.70B | $188.40B | $186.90B +15.9% |
| Total backlog | $103.70B | $109.90B | $130.80B | $136.50B +31.6% |
| Defense segments total backlog | $83.80B | $89.30B | $108.60B | $112.50B +34.2% |
| Defense segments estimated potential contract value | $56.30B | $56.70B | $56.60B | $49.20B -12.6% |
| Aerospace segment backlog | $19.90B | $20.60B | $22.30B | $24.00B +20.6% |
| Aerospace estimated potential contract value | $1.20B | $1.10B | $1.00B | $1.20B +0.0% |
| Gulfstream aircraft deliveries | 38 | 39 | 38 | 41 +7.9% |
These metrics are not part of the financial statements; they sit in the narrative text of the filings. We read them out of the SEC filings using artificial intelligence and check every single figure against the original passage in the report; anything that is not found there verbatim is discarded. Source: SEC EDGAR (annual and quarterly reports, 10-K/10-Q).
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: September 24, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.