General Dynamics Income Statement

GD / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

General Dynamics reported $52.5B in revenue and $4.2B in net income for FY2025. Revenue has grown at a 3.5% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

High Piotroski F-Score: 8/9 (strong financial health signals)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$52.5B	$47.7B	$42.3B	$39.4B	$38.5B	$37.9B	$39.4B	$36.2B	$31.0B	$30.6B	$31.8B	$30.9B	$30.9B	$31.0B	$32.7B
Cost of Revenue	-	-	-	-	-	-	$32.3B	$29.5B	$24.7B	$24.9B	$16.0B	$15.3B	$25.5B	$28.4B	$26.8B
SG&A Expense	$2.6B	$2.6B	$2.4B	$2.4B	$2.2B	$2.2B	$2.4B	$2.3B	$2.0B	$1.9B	$1.9B	$2.0B	$2.0B	$2.2B	$2.0B
R&D Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.6B	$1.5B
Operating Income	$5.4B	$4.8B	$4.2B	$4.2B	$4.2B	$4.1B	$4.6B	$4.4B	$4.2B	$3.7B	$4.3B	$3.9B	$3.7B	$765.0M	$3.8B
Interest Expense	-	-	$399.0M	$391.0M	$431.0M	$489.0M	$472.0M	$374.0M	$117.0M	$99.0M	$98.0M	$103.0M	$103.0M	$168.0M	$155.0M
Income Tax	$893.0M	$758.0M	$669.0M	$646.0M	$616.0M	$571.0M	$718.0M	$727.0M	$1.2B	$977.0M	$1.2B	$1.1B	$1.1B	$854.0M	$1.2B
Net Income	$4.2B	$3.8B	$3.3B	$3.4B	$3.3B	$3.2B	$3.5B	$3.3B	$2.9B	$2.6B	$3.0B	$2.5B	$2.4B	-$332.0M	$2.5B
EPS (Basic)	$12.14	$12.31	$11.61	$11.04	$12.09	$11.33	$9.73	$8.44	$9.45	$7.56	$6.72	-$0.94	$6.94	$6.88	$6.21
EPS (Diluted)	$12.02	$12.19	$11.55	$11.00	$11.98	$11.18	$9.56	$8.29	$9.29	$7.42	$6.67	-$0.94	$6.87	$6.81	$6.17
Shares Outstanding	270.3M	273.6M	274.4M	277.6M	286.5M	289.6M	288.7M	296.9M	302.4M	313.0M	332.2M	353.4M	353.7M	356.4M	372.1M
Operating Margin	10.2%	10.1%	10.0%	10.7%	10.8%	10.9%	11.6%	12.1%	13.7%	12.3%	13.5%	12.6%	11.9%	2.5%	11.7%
Profit Margin	8.0%	7.9%	7.8%	8.6%	8.5%	8.3%	8.8%	9.2%	9.4%	8.4%	9.6%	8.2%	7.6%	-1.1%	7.7%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

General Dynamics Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$52.5B

$47.7B

$42.3B

$39.4B

$38.5B

$37.9B

$39.4B

$36.2B

$31.0B

$30.6B

$31.8B

$30.9B

$31.0B

$32.7B

Cost of Revenue

$32.3B

$29.5B

$24.7B

$24.9B

$16.0B

$15.3B

$25.5B

$28.4B

$26.8B

SG&A Expense

$2.6B

$2.4B

$2.2B

$2.4B

$2.3B

$2.0B

$1.9B

$2.0B

$2.2B

$2.0B

R&D Expense

$1.6B

$1.5B

Operating Income

$5.4B

$4.8B

$4.2B

$4.1B

$4.6B

$4.4B

$4.2B

$3.7B

$4.3B

$3.9B

$3.7B

$765.0M

$3.8B

Interest Expense

$399.0M

$391.0M

$431.0M

$489.0M

$472.0M

$374.0M

$117.0M

$99.0M

$98.0M

$103.0M

$168.0M

$155.0M

Income Tax

$893.0M

$758.0M

$669.0M

$646.0M

$616.0M

$571.0M

$718.0M

$727.0M

$1.2B

$977.0M

$1.2B

$1.1B

$854.0M

$1.2B

Net Income

$4.2B

$3.8B

$3.3B

$3.4B

$3.3B

$3.2B

$3.5B

$3.3B

$2.9B

$2.6B

$3.0B

$2.5B

$2.4B

-$332.0M

$2.5B

EPS (Basic)

$12.14

$12.31

$11.61

$11.04

$12.09

$11.33

$9.73

$8.44

$9.45

$7.56

$6.72

-$0.94

$6.94

$6.88

$6.21

EPS (Diluted)

$12.02

$12.19

$11.55

$11.00

$11.98

$11.18

$9.56

$8.29

$9.29

$7.42

$6.67

-$0.94

$6.87

$6.81

$6.17

Shares Outstanding

270.3M

273.6M

274.4M

277.6M

286.5M

289.6M

288.7M

296.9M

302.4M

313.0M

332.2M

353.4M

353.7M

356.4M

372.1M

Operating Margin

10.2%

10.1%

10.0%

10.7%

10.8%

10.9%

11.6%

12.1%

13.7%

12.3%

13.5%

12.6%

11.9%

2.5%

11.7%

Profit Margin

8.0%

7.9%

7.8%

8.6%

8.5%

8.3%

8.8%

9.2%

9.4%

8.4%

9.6%

8.2%

7.6%

-1.1%

7.7%