General Dynamics Q4 revenue rises 7.8% to $14.4 billion; full-year EPS $15.45
General Dynamics reported fourth-quarter 2025 revenue of $14.4 billion, up 7.8%, with diluted EPS of $4.17 versus $4.15 a year earlier, while net earnings of $1.1 billion were down 0.4%. For the full year, net earnings rose 11.3% to $4.2 billion and diluted EPS rose 13.4% to $15.45 on revenue of $52.6 billion, up 10.1%. The filing does not include 2026 guidance, which management presented on its earnings call.
Key points
- Q4 2025 revenue $14.4 billion, up 7.8%; net earnings $1.1 billion, down 0.4%; diluted EPS $4.17 vs. $4.15
- Full-year 2025 net earnings $4.2 billion, up 11.3%; diluted EPS $15.45, up 13.4%
- Year-end backlog $118 billion; full-year book-to-bill 1.5-to-1
- Full-year 2025 capital expenditures $1.2 billion, up 27% from 2024; cash ended year at $2.3 billion
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing 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 January 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.