General Dynamics first-quarter revenue rises 10.3% to $13.5 billion; EPS $4.10
General Dynamics reported first-quarter 2026 results for the quarter ended April 5, 2026, with revenue of $13.5 billion, up 10.3%, and diluted EPS of $4.10, up 12% from the year-ago quarter. Operating cash flow of $2.2 billion and orders of $26.6 billion, with a 2-to-1 book-to-bill ratio, point to strong demand and cash generation for shareholders.
Key points
- Revenue of $13.5 billion rose 10.3%, with growth in all four segments; operating earnings of $1.4 billion rose 12.0%.
- Diluted EPS was $4.10 versus $3.66 a year earlier; net earnings were $1.125 billion.
- Net cash from operating activities was $2.2 billion, or 192% of net earnings; free cash flow was $1.95 billion.
- Orders totaled $26.6 billion; backlog was $130.8 billion, and total estimated contract value was $188.4 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 April 29, 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.