# GENERAL DYNAMICS CORPORATION (GD) FY2025 Annual P&L / Income Statement - Company: GENERAL DYNAMICS CORPORATION (GD) - Period: 2025-01-01 to 2025-12-31 - Filing: FY2025 10-K, filed 2026-01-30, accession number 0000040533-26-000006 - Page: https://plicit.ai/financials/gd/fy2025-annual-income-statement - Chart image: https://plicit.ai/charts/gd-fy2025-annual-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue and costs use their disclosed categories. - **Revenue**: 52,550,000,000 US dollars - **Cost of revenue (calculated)**: 44,599,000,000 US dollars - **Gross profit (calculated)**: 7,951,000,000 US dollars - **Operating expenses (calculated)**: 2,595,000,000 US dollars - **Operating earnings**: 5,356,000,000 US dollars - **Other income (expense), net (calculated)**: negative 253,000,000 US dollars - **Earnings before income tax**: 5,103,000,000 US dollars - **Provision for income tax, net**: 893,000,000 US dollars - **Net earnings**: 4,210,000,000 US dollars - **Products revenue**: 33,021,000,000 US dollars - **Services revenue**: 19,529,000,000 US dollars - **Products cost of revenue**: 27,965,000,000 US dollars - **Services cost of revenue**: 16,634,000,000 US dollars - **General and administrative (G&A)**: 2,595,000,000 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 Geography - Page: https://plicit.ai/financials/gd/fy2025-annual-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/gd-fy2025-annual-revenue-by-geography-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 52,550,000,000 US dollars - **Cost of revenue (calculated)**: 44,599,000,000 US dollars - **Gross profit (calculated)**: 7,951,000,000 US dollars - **Operating expenses (calculated)**: 2,595,000,000 US dollars - **Operating earnings**: 5,356,000,000 US dollars - **Other income (expense), net (calculated)**: negative 253,000,000 US dollars - **Earnings before income tax**: 5,103,000,000 US dollars - **Provision for income tax, net**: 893,000,000 US dollars - **Net earnings**: 4,210,000,000 US dollars - **UNITED STATES**: 43,314,000,000 US dollars - **Other**: 1,248,000,000 US dollars - **Europe**: 3,540,000,000 US dollars - **Asia/Pacific**: 2,001,000,000 US dollars - **Africa/Middle East**: 2,015,000,000 US dollars - **South America**: 432,000,000 US dollars - **Cost of sales**: 44,599,000,000 US dollars - **General and administrative (G&A)**: 2,595,000,000 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/fy2025-annual-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/gd-fy2025-annual-revenue-by-business-segment-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 52,550,000,000 US dollars - **Cost of revenue (calculated)**: 44,599,000,000 US dollars - **Gross profit (calculated)**: 7,951,000,000 US dollars - **Operating expenses (calculated)**: 2,595,000,000 US dollars - **Operating earnings**: 5,356,000,000 US dollars - **Other income (expense), net (calculated)**: negative 253,000,000 US dollars - **Earnings before income tax**: 5,103,000,000 US dollars - **Provision for income tax, net**: 893,000,000 US dollars - **Net earnings**: 4,210,000,000 US dollars - **Aerospace**: 13,110,000,000 US dollars - **Marine Systems**: 16,723,000,000 US dollars - **Combat Systems**: 9,246,000,000 US dollars - **Technologies**: 13,471,000,000 US dollars - **Cost of sales**: 44,599,000,000 US dollars - **General and administrative (G&A)**: 2,595,000,000 US dollars - **Aerospace costs (calculated)**: 11,364,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Marine Systems costs (calculated)**: 15,546,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Combat Systems costs (calculated)**: 7,915,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Technologies costs (calculated)**: 12,194,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 175,000,000 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/fy2025-annual-income-statement/revenue-by-business-segment-by-basis-of-pricing - Chart image: https://plicit.ai/charts/gd-fy2025-annual-revenue-by-business-segment-by-basis-of-pricing-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Segments by Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 52,550,000,000 US dollars - **Cost of revenue (calculated)**: 44,599,000,000 US dollars - **Gross profit (calculated)**: 7,951,000,000 US dollars - **Operating expenses (calculated)**: 2,595,000,000 US dollars - **Operating earnings**: 5,356,000,000 US dollars - **Other income (expense), net (calculated)**: negative 253,000,000 US dollars - **Earnings before income tax**: 5,103,000,000 US dollars - **Provision for income tax, net**: 893,000,000 US dollars - **Net earnings**: 4,210,000,000 US dollars - **Aerospace - Cost-reimbursement**: 0 US dollars - **Aerospace - Fixed-price**: 12,050,000,000 US dollars - **Aerospace - Time-and-materials**: 1,060,000,000 US dollars - **Combat Systems - Cost-reimbursement**: 1,038,000,000 US dollars - **Combat Systems - Fixed-price**: 8,131,000,000 US dollars - **Combat Systems - Time-and-materials**: 77,000,000 US dollars - **Marine Systems - Cost-reimbursement**: 8,725,000,000 US dollars - **Marine Systems - Fixed-price**: 7,995,000,000 US dollars - **Marine Systems - Time-and-materials**: 3,000,000 US dollars - **Technologies - Cost-reimbursement**: 5,910,000,000 US dollars - **Technologies - Fixed-price**: 5,577,000,000 US dollars - **Technologies - Time-and-materials**: 1,984,000,000 US dollars - **Cost of sales**: 44,599,000,000 US dollars - **General and administrative (G&A)**: 2,595,000,000 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/fy2025-annual-income-statement/revenue-by-customer - Chart image: https://plicit.ai/charts/gd-fy2025-annual-revenue-by-customer-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 52,550,000,000 US dollars - **Cost of revenue (calculated)**: 44,599,000,000 US dollars - **Gross profit (calculated)**: 7,951,000,000 US dollars - **Operating expenses (calculated)**: 2,595,000,000 US dollars - **Operating earnings**: 5,356,000,000 US dollars - **Other income (expense), net (calculated)**: negative 253,000,000 US dollars - **Earnings before income tax**: 5,103,000,000 US dollars - **Provision for income tax, net**: 893,000,000 US dollars - **Net earnings**: 4,210,000,000 US dollars - **U.S. Government - Department of War**: 29,788,000,000 US dollars - **U.S. Government - Non Department of War**: 4,954,000,000 US dollars - **U.S. Government - Foreign Military Sales**: 1,015,000,000 US dollars - **U.S. commercial**: 7,557,000,000 US dollars - **Non-U.S. government**: 4,405,000,000 US dollars - **Non-U.S. commercial**: 4,831,000,000 US dollars - **Cost of sales**: 44,599,000,000 US dollars - **General and administrative (G&A)**: 2,595,000,000 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/fy2025-annual-income-statement/revenue-by-basis-of-pricing - Chart image: https://plicit.ai/charts/gd-fy2025-annual-revenue-by-basis-of-pricing-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 52,550,000,000 US dollars - **Cost of revenue (calculated)**: 44,599,000,000 US dollars - **Gross profit (calculated)**: 7,951,000,000 US dollars - **Operating expenses (calculated)**: 2,595,000,000 US dollars - **Operating earnings**: 5,356,000,000 US dollars - **Other income (expense), net (calculated)**: negative 253,000,000 US dollars - **Earnings before income tax**: 5,103,000,000 US dollars - **Provision for income tax, net**: 893,000,000 US dollars - **Net earnings**: 4,210,000,000 US dollars - **Fixed-price**: 33,753,000,000 US dollars - **Cost-reimbursement**: 15,673,000,000 US dollars - **Time-and-materials**: 3,124,000,000 US dollars - **Cost of sales**: 44,599,000,000 US dollars - **General and administrative (G&A)**: 2,595,000,000 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/fy2025-annual-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/gd-fy2025-annual-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenue**: 52,550,000,000 US dollars - **Cost of revenue (calculated)**: 44,599,000,000 US dollars - **Gross profit (calculated)**: 7,951,000,000 US dollars - **Operating expenses (calculated)**: 2,595,000,000 US dollars - **Operating earnings**: 5,356,000,000 US dollars - **Other income (expense), net (calculated)**: negative 253,000,000 US dollars - **Earnings before income tax**: 5,103,000,000 US dollars - **Provision for income tax, net**: 893,000,000 US dollars - **Net earnings**: 4,210,000,000 US dollars - **Aerospace - Aircraft manufacturing**: 9,413,000,000 US dollars - **Aerospace - Aircraft services**: 3,697,000,000 US dollars - **Combat Systems - Engineering and other services**: 1,172,000,000 US dollars - **Combat Systems - Military vehicles**: 4,970,000,000 US dollars - **Combat Systems - Weapon systems and munitions**: 3,104,000,000 US dollars - **Marine Systems - Nuclear-powered submarines**: 12,608,000,000 US dollars - **Marine Systems - Repair and other services**: 1,183,000,000 US dollars - **Marine Systems - Surface ships**: 2,932,000,000 US dollars - **Technologies - C5ISR* solutions**: 4,414,000,000 US dollars - **Technologies - Information technology (IT) services**: 9,057,000,000 US dollars - **Cost of sales**: 44,599,000,000 US dollars - **General and administrative (G&A)**: 2,595,000,000 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.