General Dynamics Q1 diluted EPS rises 27.1% to $3.66 on 13.9% higher revenue
General Dynamics reported first-quarter 2025 revenue of $12.2 billion, up 13.9% from the year-ago quarter, and diluted earnings per share of $3.66, up 27.1%. Operating earnings rose 22.4% to $1.3 billion, and all four segments increased revenue and operating earnings, led by Aerospace. Cash used by operating activities was $148 million, and free cash flow was negative $290 million for the quarter.
Key points
- Revenue $12.2 billion, up 13.9%; operating earnings $1.3 billion, up 22.4%; operating margin 10.4%, up 70 basis points
- Diluted EPS $3.66 versus $2.88 a year earlier; Aerospace revenue up 45.2% and operating earnings up 69.4%
- Net cash used by operating activities $148 million; $600 million spent on share repurchases and $383 million on dividends
- Backlog $88.7 billion at quarter end; total estimated contract value $141.3 billion
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.