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General Dynamics (GD) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended June 2026, General Dynamics (GD - Free Report) reported revenue of $14.09 billion, up 8.1% over the same period last year. EPS came in at $4.24, compared to $3.74 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $13.49 billion, representing a surprise of +4.48%. The company delivered an EPS surprise of +7.34%, with the consensus EPS estimate being $3.95.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how General Dynamics performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Technologies: $3.62 billion versus the four-analyst average estimate of $3.48 billion. The reported number represents a year-over-year change of +4.1%.
  • Revenue- Marine Systems: $4.66 billion versus the four-analyst average estimate of $4.36 billion. The reported number represents a year-over-year change of +10.4%.
  • Revenue- Combat Systems: $2.29 billion versus the four-analyst average estimate of $2.34 billion. The reported number represents a year-over-year change of +0.3%.
  • Revenue- Aerospace: $3.53 billion versus $3.27 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +15.1% change.
  • Operating earnings- Aerospace: $510 million versus $460.18 million estimated by three analysts on average.
  • Operating earnings- Combat Systems: $318 million versus $328.47 million estimated by three analysts on average.
  • Operating earnings- Technologies: $339 million versus the three-analyst average estimate of $319.84 million.
  • Operating earnings- Marine Systems: $342 million compared to the $313.84 million average estimate based on three analysts.
  • Operating earnings- Corporate: $-49 million compared to the $-42.88 million average estimate based on two analysts.

View all Key Company Metrics for General Dynamics here>>>

Shares of General Dynamics have returned +11% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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