General Dynamics (GD) Q3 2025 10-Q Quarterly Report

Filed: Oct 24, 2025Period ending Sep 28, 2025
Industrials
Ship & Boat Building & RepairingSEC EDGAR

General Dynamics (GD) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 24, 2025 for the fiscal period ending Sep 28, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

General Dynamics Q3 2025 10-Q Analysis

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

General Dynamics Q3 2025 Quarterly 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%

+19bp YoY +31bp QoQ

Net Margin

8.2%

+24bp YoY +43bp QoQ

ROE

4.3%

Total Assets

$57.6B

Operating Cash Flow

$2.1B

+48.9% YoY +32.0% QoQ

Source: XBRL data from General Dynamics Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

Other General Dynamics Quarterly Reports

Get deeper insights on General Dynamics

Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.