Short answer
General Dynamics (GD) filed its Q3 2025 10-Q quarterly report on Oct 24, 2025 for the quarter ended Sep 28, 2025. Quarterly revenue was $12.9B (up 10.6% year over year) with net income of $1.1B.
Q3 2025 key financials · XBRL
- Revenue
- $12.9B
- +10.6% YoY · −1.0% QoQ
- Net income
- $1.1B
- +13.9% YoY · +4.4% QoQ
- Operating margin
- 10.3%
Source: XBRL data from the General Dynamics (GD) Q3 2025 10-Q on SEC EDGAR. USD.
General Dynamics Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $12,907M in Q3 2025, up 10.6% YoY ($11,671M in Q3 2024); nine months revenue $38,171M, up 11.0% YoY
- Operating margin 10.3% in Q3 2025 vs 10.1% YoY; nine months margin 10.2% vs 9.8% YoY
- Best segment: Aerospace revenue up 30.3% Q3 to $3,234M with margin 13.3% vs 12.3% YoY; Gulfstream deliveries up 39.3% Q3
- Worst segment: Technologies revenue down 1.6% Q3 to $3,325M; slight margin increase 9.8% vs 9.7% YoY
- Cash & equivalents $2.5B end Q3 2025 vs $1.7B end 2024; operating cash flow $3.56B nine months 2025 vs $1.95B YoY; dividends increased to $1.50/share quarterly
- Management flags govt shutdown uncertainty, delays in contract awards, expects Aerospace margin ~13.3%, Marine Systems ~7.0%, Combat Systems ~14.3%, Technologies ~9.4% for 2025
Risk Factors
- No material changes in risk factors compared to 2024 10-K disclosure
- Continued dependence on U.S. government contracts may affect revenue stability
- Potential exposure to fraud and cybersecurity threats impacting operations
- Vulnerability to fluctuations in foreign currency exchange rates affecting international sales
- Long-term debt maturity profiles require careful liquidity management
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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