StockWatch
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Marine Transportation
Quarterly ResultApr 29, 2026, 11:29 AM

GD Q1 Revenue +10.3% to $13.48B; Diluted EPS $4.10

AI Summary

GENERAL DYNAMICS CORP reported strong first-quarter results for 2026, with revenue increasing by 10.3% to $13.48 billion and diluted EPS rising by 12.0% to $4.10. Net earnings grew 13.2% to $1.13 billion. The company also generated significant operating cash flow and maintained a robust backlog of $130.8 billion.

Key Highlights

  • Q1 2026 Revenue increased 10.3% to $13.48 billion from $12.22 billion YoY.
  • Q1 2026 Diluted EPS rose 12.0% to $4.10 from $3.66 YoY.
  • Q1 2026 Net Earnings grew 13.2% to $1.13 billion from $994 million YoY.
  • Net cash provided by operating activities was $2.16 billion, up from $(148) million YoY.
  • Total backlog stood at $130.8 billion as of April 5, 2026.
  • Marine Systems revenue increased 21.0% to $4.34 billion YoY.
  • Aerospace revenue increased 8.4% to $3.28 billion YoY.
  • Dividends declared were $1.59 per share, up from $1.50 YoY.