# GENERAL DYNAMICS CORPORATION (GD) FY2024 Q3 P&L / Income Statement - Company: GENERAL DYNAMICS CORPORATION (GD) - Period: 2024-07-01 to 2024-09-29 - Filing: Q3 FY2024 10-Q, filed 2024-10-23, accession number 0000040533-24-000043 - Page: https://plicit.ai/financials/gd/fy2024-q3-income-statement - Chart image: https://plicit.ai/charts/gd-fy2024-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2024-07-01 through 2024-09-29. View: Product and service. Revenue and costs use their disclosed categories. - **Total revenue**: 11,671,000,000 US dollars - **Cost of revenue (calculated)**: 9,855,000,000 US dollars - **Gross profit (calculated)**: 1,816,000,000 US dollars - **Operating expenses (calculated)**: 635,000,000 US dollars - **Operating earnings**: 1,181,000,000 US dollars - **Other income (expense), net (calculated)**: negative 67,000,000 US dollars - **Earnings before income tax**: 1,114,000,000 US dollars - **Provision for income tax, net**: 184,000,000 US dollars - **Net earnings**: 930,000,000 US dollars - **Products revenue**: 6,767,000,000 US dollars - **Services revenue**: 4,904,000,000 US dollars - **Products cost of revenue**: 5,760,000,000 US dollars - **Services cost of revenue**: 4,095,000,000 US dollars - **General and administrative (G&A)**: 635,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/gd/fy2024-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/gd-fy2024-q3-revenue-by-business-segment-sankey.png Income statement for 2024-07-01 through 2024-09-29. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 11,671,000,000 US dollars - **Cost of revenue (calculated)**: 9,855,000,000 US dollars - **Gross profit (calculated)**: 1,816,000,000 US dollars - **Operating expenses (calculated)**: 635,000,000 US dollars - **Operating earnings**: 1,181,000,000 US dollars - **Other income (expense), net (calculated)**: negative 67,000,000 US dollars - **Earnings before income tax**: 1,114,000,000 US dollars - **Provision for income tax, net**: 184,000,000 US dollars - **Net earnings**: 930,000,000 US dollars - **Aerospace**: 2,482,000,000 US dollars - **Marine Systems**: 3,599,000,000 US dollars - **Combat Systems**: 2,212,000,000 US dollars - **Technologies**: 3,378,000,000 US dollars - **Cost of sales**: 9,855,000,000 US dollars - **General and administrative (G&A)**: 635,000,000 US dollars - **Aerospace costs (calculated)**: 2,177,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Marine Systems costs (calculated)**: 3,341,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Combat Systems costs (calculated)**: 1,887,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Technologies costs (calculated)**: 3,052,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 33,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment by Basis of Pricing - Page: https://plicit.ai/financials/gd/fy2024-q3-income-statement/revenue-by-business-segment-by-basis-of-pricing - Chart image: https://plicit.ai/charts/gd-fy2024-q3-revenue-by-business-segment-by-basis-of-pricing-sankey.png Income statement for 2024-07-01 through 2024-09-29. View: Segments by Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 11,671,000,000 US dollars - **Cost of revenue (calculated)**: 9,855,000,000 US dollars - **Gross profit (calculated)**: 1,816,000,000 US dollars - **Operating expenses (calculated)**: 635,000,000 US dollars - **Operating earnings**: 1,181,000,000 US dollars - **Other income (expense), net (calculated)**: negative 67,000,000 US dollars - **Earnings before income tax**: 1,114,000,000 US dollars - **Provision for income tax, net**: 184,000,000 US dollars - **Net earnings**: 930,000,000 US dollars - **Aerospace - Cost-reimbursement**: 0 US dollars - **Aerospace - Fixed-price**: 2,250,000,000 US dollars - **Aerospace - Time-and-materials**: 232,000,000 US dollars - **Combat Systems - Cost-reimbursement**: 238,000,000 US dollars - **Combat Systems - Fixed-price**: 1,957,000,000 US dollars - **Combat Systems - Time-and-materials**: 17,000,000 US dollars - **Marine Systems - Cost-reimbursement**: 1,933,000,000 US dollars - **Marine Systems - Fixed-price**: 1,666,000,000 US dollars - **Marine Systems - Time-and-materials**: 0 US dollars - **Technologies - Cost-reimbursement**: 1,503,000,000 US dollars - **Technologies - Fixed-price**: 1,359,000,000 US dollars - **Technologies - Time-and-materials**: 516,000,000 US dollars - **Cost of sales**: 9,855,000,000 US dollars - **General and administrative (G&A)**: 635,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Customer - Page: https://plicit.ai/financials/gd/fy2024-q3-income-statement/revenue-by-customer - Chart image: https://plicit.ai/charts/gd-fy2024-q3-revenue-by-customer-sankey.png Income statement for 2024-07-01 through 2024-09-29. View: Customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 11,671,000,000 US dollars - **Cost of revenue (calculated)**: 9,855,000,000 US dollars - **Gross profit (calculated)**: 1,816,000,000 US dollars - **Operating expenses (calculated)**: 635,000,000 US dollars - **Operating earnings**: 1,181,000,000 US dollars - **Other income (expense), net (calculated)**: negative 67,000,000 US dollars - **Earnings before income tax**: 1,114,000,000 US dollars - **Provision for income tax, net**: 184,000,000 US dollars - **Net earnings**: 930,000,000 US dollars - **U.S. Government - DoD**: 6,909,000,000 US dollars - **U.S. Government - Non-DoD**: 1,239,000,000 US dollars - **U.S. Government - Foreign Military Sales (FMS)**: 255,000,000 US dollars - **U.S. commercial**: 1,695,000,000 US dollars - **Non-U.S. government**: 1,023,000,000 US dollars - **Non-U.S. commercial**: 550,000,000 US dollars - **Cost of sales**: 9,855,000,000 US dollars - **General and administrative (G&A)**: 635,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Basis of Pricing - Page: https://plicit.ai/financials/gd/fy2024-q3-income-statement/revenue-by-basis-of-pricing - Chart image: https://plicit.ai/charts/gd-fy2024-q3-revenue-by-basis-of-pricing-sankey.png Income statement for 2024-07-01 through 2024-09-29. View: Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 11,671,000,000 US dollars - **Cost of revenue (calculated)**: 9,855,000,000 US dollars - **Gross profit (calculated)**: 1,816,000,000 US dollars - **Operating expenses (calculated)**: 635,000,000 US dollars - **Operating earnings**: 1,181,000,000 US dollars - **Other income (expense), net (calculated)**: negative 67,000,000 US dollars - **Earnings before income tax**: 1,114,000,000 US dollars - **Provision for income tax, net**: 184,000,000 US dollars - **Net earnings**: 930,000,000 US dollars - **Fixed-price**: 7,232,000,000 US dollars - **Cost-reimbursement**: 3,674,000,000 US dollars - **Time-and-materials**: 765,000,000 US dollars - **Cost of sales**: 9,855,000,000 US dollars - **General and administrative (G&A)**: 635,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/gd/fy2024-q3-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/gd-fy2024-q3-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-07-01 through 2024-09-29. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 11,671,000,000 US dollars - **Cost of revenue (calculated)**: 9,855,000,000 US dollars - **Gross profit (calculated)**: 1,816,000,000 US dollars - **Operating expenses (calculated)**: 635,000,000 US dollars - **Operating earnings**: 1,181,000,000 US dollars - **Other income (expense), net (calculated)**: negative 67,000,000 US dollars - **Earnings before income tax**: 1,114,000,000 US dollars - **Provision for income tax, net**: 184,000,000 US dollars - **Net earnings**: 930,000,000 US dollars - **Aerospace - Aircraft manufacturing**: 1,686,000,000 US dollars - **Aerospace - Aircraft services**: 796,000,000 US dollars - **Combat Systems - Engineering and other services**: 259,000,000 US dollars - **Combat Systems - Military vehicles**: 1,295,000,000 US dollars - **Combat Systems - Weapons systems, armament and munitions**: 658,000,000 US dollars - **Marine Systems - Nuclear-powered submarines**: 2,630,000,000 US dollars - **Marine Systems - Repair and other services**: 311,000,000 US dollars - **Marine Systems - Surface ships**: 658,000,000 US dollars - **Technologies - C5ISR* solutions**: 1,158,000,000 US dollars - **Technologies - Information technology (IT) services**: 2,220,000,000 US dollars - **Cost of sales**: 9,855,000,000 US dollars - **General and administrative (G&A)**: 635,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.