General Dynamics (GD) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
General Dynamics (GD) last issued guidance on July 29, 2026 for fiscal year 2026. The company guided earnings per share in the range of $16.8 - $16.9, compared to a consensus EPS estimate of $16.67. General Dynamics also guided revenue in the range of $55.7B - $55.7B for the period.
Compared to prior guidance, General Dynamics raised its EPS outlook from a previous range of $16.45 - $16.55. On the revenue side, the company raised its revenue forecast from a prior range of $54.3B - $54.8B.
General Dynamics has issued 13 guidance updates between October 26, 2022 and July 29, 2026. During this period, the company raised its outlook 8 times and lowered it 1 time, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $3.95 | $3.69 | $4.11 | $3.72 |
| Actual | $4.24 | $4.10 | $4.17 | $3.88 |
| Surprise | +7.34% | +11.1% | +1.46% | +4.30% |
| Revenue | ||||
| Estimate | $13.45B | $12.71B | $13.78B | $12.56B |
| Actual | $14.09B | $13.48B | $14.38B | $12.91B |
| Surprise | +4.75% | +6.10% | +4.37% | +2.73% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $4.14 | $4.51 | $4.25 | $4.49 |
| Revenue | ||||
| Consensus | $13.70B | $14.67B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 29, 2026 | $4.24 | $3.95 | 7.34 % |
| Q1 | Apr 29, 2026 | $4.10 | $3.69 | 11.1 % |
| Q4 | Jan 28, 2026 | $4.17 | $4.11 | 1.46 % |
| Q3 | Oct 24, 2025 | $3.88 | $3.72 | 4.30 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 29, 2026 | $14.09B | $13.45B | 4.75 % |
| Q1 | Apr 29, 2026 | $13.48B | $12.71B | 6.10 % |
| Q4 | Jan 28, 2026 | $14.38B | $13.78B | 4.37 % |
| Q3 | Oct 24, 2025 | $12.91B | $12.56B | 2.73 % |