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General Dynamics (GD) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 29, 2026

General Dynamics (GD) reported revenue of $14.1B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +5% from the quarter before. Operating margin was 10.4%, net earnings $1.2B (8.2% of revenue).

Revenue$14.1B
Year over year+8%
Quarter over quarter+5%
Operating margin10.4%
Net earnings$1.2B

General Dynamics, Q2 2026: revenue $14.1B (+8% year over year), operating margin 10.4%, net earnings $1.2B. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$14.1B+5%+8%
Operating profit$1.5B+3%+12%
Net earnings$1.2B+3%+14%

What changed

Revenue was $14.1B in Q2 2026, up 8% year over year and up 5% from the previous quarter. Marine Systems was the largest line at 33% of revenue. Aerospace added $0.46B year over year (up 15%), 44% of the total change.

Operating profit was $1.5B, a 10.4% margin (up 0.4 points year over year). Of the extra revenue versus Q2 2025, 15% reached operating profit, above the 10% margin then. Total costs grew 8% against revenue growth of 8%. The fastest-growing cost line was General & admin (+12%). Net earnings were $1.2B, up 14% year over year. The effective tax rate was 17.6%.

Questions

What was General Dynamics' revenue in the second quarter 2026?

General Dynamics (GD) reported revenue of $14.1B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +5% from the quarter before.

Was General Dynamics profitable in the second quarter 2026?

Operating profit was $1.5B (10.4% of revenue) and net earnings $1.2B.

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Source: General Dynamics 10-Q on SEC EDGAR.