Quarterly ResultJul 29, 2026, 11:16 AM
GENERAL DYNAMICS Q2 Revenue $14.09B, EPS $4.24
AI Summary
General Dynamics reported strong second-quarter 2026 results with revenue increasing 8.08% to $14.09 billion and diluted EPS rising 13.37% to $4.24. Net earnings for the quarter grew 14.40% to $1.16 billion. The company also saw a significant increase in net cash provided by operating activities for the six months, reaching $4.035 billion, and successfully repaid $500 million in fixed-rate notes. A class action lawsuit against the company was dismissed.
Key Highlights
- Q2 2026 revenue increased 8.08% to $14.09 billion from $13.04 billion.
- Q2 2026 diluted EPS rose 13.37% to $4.24 from $3.74 year-over-year.
- Q2 2026 net earnings grew 14.40% to $1.16 billion from $1.01 billion.
- Net cash from operating activities for six months surged to $4.035 billion.
- Total backlog stood at $136.5 billion as of July 5, 2026.
- Repaid $500 million in fixed-rate notes in June 2026.
- Aerospace segment revenue was $3.525 billion in Q2 2026.
- Marine Systems segment revenue was $4.660 billion in Q2 2026.
Price Impact
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