General Dynamics Corporation: Beat — EPS $4.49, Revenue $14.57B
Earnings BeatQ3 2026 · Pre-market
Did General Dynamics Corporation (GD) beat earnings today?
Yes, General Dynamics Corporation (GD) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+8.72% surprise
$4.49Actual
Expected: $4.13
vs. year ago +15.7%
Total Revenue+6.09% surprise
$14.57BActual
Expected: $13.73B
vs. year ago +12.9%
Released Oct 30 · 7:00 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $14.57B | $12.91B | +12.9 |
| Revenue detail — reported lines | |||
| └─Aerospace | $3.54B | $3.23B | +9.3 |
| └─Marine Systems | $4.96B | $4.10B | +21.1 |
| └─Combat Systems | $2.39B | $2.25B | +6.0 |
| └─Technologies | $3.68B | $3.33B | +10.8 |
| Net earnings | $1.23B | $1.06B | +16.1 |
| GAAP Basic EPS | $4.55 | $3.93 | +15.8 |
| GAAP Diluted EPS | $4.49 | $3.88 | +15.7 |
Business Highlights
- ➤Marine Systems received large orders for Virginia- and Columbia-class submarines.
- ➤Aerospace delivered 40 Gulfstream aircraft, including 35 large-cabin and five mid-cabin aircraft.
- ➤The company paid $429M in dividends during the quarter.
- ➤General Dynamics reduced total debt by $500M during the quarter.
- ➤The company invested $481M in capital expenditures during the quarter.
- ➤General Dynamics offers products and services across business aviation, ship construction and repair, land combat systems, and technology.
- ➤The company employs more than 120,000 people worldwide.
- ➤General Dynamics is headquartered in Reston, Virginia.
Management Commentary
Phebe Novakovic, chairman and chief executive officer
“Our business had exceptional third quarter results, with revenue growth across all four segments, robust bookings and solid operational performance. With the consistent growth in our backlog and our significant investment in our businesses over the last decade, we are poised to drive continued performance in the years to come.”