# GENERAL DYNAMICS CORPORATION (GD) FY2024 YTD Q3 P&L / Income Statement - Company: GENERAL DYNAMICS CORPORATION (GD) - Period: 2024-01-01 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-ytd-q3-income-statement - Chart image: https://plicit.ai/charts/gd-fy2024-ytd-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2024-01-01 through 2024-09-29. View: Product and service. Revenue and costs use their disclosed categories. - **Total revenue**: 34,378,000,000 US dollars - **Cost of revenue (calculated)**: 29,099,000,000 US dollars - **Gross profit (calculated)**: 5,279,000,000 US dollars - **Operating expenses (calculated)**: 1,906,000,000 US dollars - **Operating earnings**: 3,373,000,000 US dollars - **Other income (expense), net (calculated)**: negative 201,000,000 US dollars - **Earnings before income tax**: 3,172,000,000 US dollars - **Provision for income tax, net**: 538,000,000 US dollars - **Net earnings**: 2,634,000,000 US dollars - **Products revenue**: 20,061,000,000 US dollars - **Services revenue**: 14,317,000,000 US dollars - **Products cost of revenue**: 17,074,000,000 US dollars - **Services cost of revenue**: 12,025,000,000 US dollars - **General and administrative (G&A)**: 1,906,000,000 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-ytd-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/gd-fy2024-ytd-q3-revenue-by-business-segment-sankey.png Income statement for 2024-01-01 through 2024-09-29. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 34,378,000,000 US dollars - **Cost of revenue (calculated)**: 29,099,000,000 US dollars - **Gross profit (calculated)**: 5,279,000,000 US dollars - **Operating expenses (calculated)**: 1,906,000,000 US dollars - **Operating earnings**: 3,373,000,000 US dollars - **Other income (expense), net (calculated)**: negative 201,000,000 US dollars - **Earnings before income tax**: 3,172,000,000 US dollars - **Provision for income tax, net**: 538,000,000 US dollars - **Net earnings**: 2,634,000,000 US dollars - **Aerospace**: 7,506,000,000 US dollars - **Marine Systems**: 10,383,000,000 US dollars - **Combat Systems**: 6,602,000,000 US dollars - **Technologies**: 9,887,000,000 US dollars - **Cost of sales**: 29,099,000,000 US dollars - **General and administrative (G&A)**: 1,906,000,000 US dollars - **Aerospace costs (calculated)**: 6,627,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Marine Systems costs (calculated)**: 9,648,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Combat Systems costs (calculated)**: 5,682,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Technologies costs (calculated)**: 8,946,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 102,000,000 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-ytd-q3-income-statement/revenue-by-business-segment-by-basis-of-pricing - Chart image: https://plicit.ai/charts/gd-fy2024-ytd-q3-revenue-by-business-segment-by-basis-of-pricing-sankey.png Income statement for 2024-01-01 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**: 34,378,000,000 US dollars - **Cost of revenue (calculated)**: 29,099,000,000 US dollars - **Gross profit (calculated)**: 5,279,000,000 US dollars - **Operating expenses (calculated)**: 1,906,000,000 US dollars - **Operating earnings**: 3,373,000,000 US dollars - **Other income (expense), net (calculated)**: negative 201,000,000 US dollars - **Earnings before income tax**: 3,172,000,000 US dollars - **Provision for income tax, net**: 538,000,000 US dollars - **Net earnings**: 2,634,000,000 US dollars - **Aerospace - Cost-reimbursement**: 0 US dollars - **Aerospace - Fixed-price**: 6,772,000,000 US dollars - **Aerospace - Time-and-materials**: 734,000,000 US dollars - **Combat Systems - Cost-reimbursement**: 706,000,000 US dollars - **Combat Systems - Fixed-price**: 5,844,000,000 US dollars - **Combat Systems - Time-and-materials**: 52,000,000 US dollars - **Marine Systems - Cost-reimbursement**: 5,489,000,000 US dollars - **Marine Systems - Fixed-price**: 4,893,000,000 US dollars - **Marine Systems - Time-and-materials**: 1,000,000 US dollars - **Technologies - Cost-reimbursement**: 4,350,000,000 US dollars - **Technologies - Fixed-price**: 4,033,000,000 US dollars - **Technologies - Time-and-materials**: 1,504,000,000 US dollars - **Cost of sales**: 29,099,000,000 US dollars - **General and administrative (G&A)**: 1,906,000,000 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-ytd-q3-income-statement/revenue-by-customer - Chart image: https://plicit.ai/charts/gd-fy2024-ytd-q3-revenue-by-customer-sankey.png Income statement for 2024-01-01 through 2024-09-29. View: Customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 34,378,000,000 US dollars - **Cost of revenue (calculated)**: 29,099,000,000 US dollars - **Gross profit (calculated)**: 5,279,000,000 US dollars - **Operating expenses (calculated)**: 1,906,000,000 US dollars - **Operating earnings**: 3,373,000,000 US dollars - **Other income (expense), net (calculated)**: negative 201,000,000 US dollars - **Earnings before income tax**: 3,172,000,000 US dollars - **Provision for income tax, net**: 538,000,000 US dollars - **Net earnings**: 2,634,000,000 US dollars - **U.S. Government - DoD**: 19,976,000,000 US dollars - **U.S. Government - Non-DoD**: 3,593,000,000 US dollars - **U.S. Government - Foreign Military Sales (FMS)**: 831,000,000 US dollars - **U.S. commercial**: 4,553,000,000 US dollars - **Non-U.S. government**: 3,207,000,000 US dollars - **Non-U.S. commercial**: 2,218,000,000 US dollars - **Cost of sales**: 29,099,000,000 US dollars - **General and administrative (G&A)**: 1,906,000,000 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-ytd-q3-income-statement/revenue-by-basis-of-pricing - Chart image: https://plicit.ai/charts/gd-fy2024-ytd-q3-revenue-by-basis-of-pricing-sankey.png Income statement for 2024-01-01 through 2024-09-29. View: Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 34,378,000,000 US dollars - **Cost of revenue (calculated)**: 29,099,000,000 US dollars - **Gross profit (calculated)**: 5,279,000,000 US dollars - **Operating expenses (calculated)**: 1,906,000,000 US dollars - **Operating earnings**: 3,373,000,000 US dollars - **Other income (expense), net (calculated)**: negative 201,000,000 US dollars - **Earnings before income tax**: 3,172,000,000 US dollars - **Provision for income tax, net**: 538,000,000 US dollars - **Net earnings**: 2,634,000,000 US dollars - **Fixed-price**: 21,542,000,000 US dollars - **Cost-reimbursement**: 10,545,000,000 US dollars - **Time-and-materials**: 2,291,000,000 US dollars - **Cost of sales**: 29,099,000,000 US dollars - **General and administrative (G&A)**: 1,906,000,000 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-ytd-q3-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/gd-fy2024-ytd-q3-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-01-01 through 2024-09-29. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 34,378,000,000 US dollars - **Cost of revenue (calculated)**: 29,099,000,000 US dollars - **Gross profit (calculated)**: 5,279,000,000 US dollars - **Operating expenses (calculated)**: 1,906,000,000 US dollars - **Operating earnings**: 3,373,000,000 US dollars - **Other income (expense), net (calculated)**: negative 201,000,000 US dollars - **Earnings before income tax**: 3,172,000,000 US dollars - **Provision for income tax, net**: 538,000,000 US dollars - **Net earnings**: 2,634,000,000 US dollars - **Aerospace - Aircraft manufacturing**: 5,014,000,000 US dollars - **Aerospace - Aircraft services**: 2,492,000,000 US dollars - **Combat Systems - Engineering and other services**: 719,000,000 US dollars - **Combat Systems - Military vehicles**: 3,850,000,000 US dollars - **Combat Systems - Weapons systems, armament and munitions**: 2,033,000,000 US dollars - **Marine Systems - Nuclear-powered submarines**: 7,496,000,000 US dollars - **Marine Systems - Repair and other services**: 864,000,000 US dollars - **Marine Systems - Surface ships**: 2,023,000,000 US dollars - **Technologies - C5ISR* solutions**: 3,331,000,000 US dollars - **Technologies - Information technology (IT) services**: 6,556,000,000 US dollars - **Cost of sales**: 29,099,000,000 US dollars - **General and administrative (G&A)**: 1,906,000,000 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.