General Dynamics (GD) Revenue — Quarter Ended Apr 2, 2023
Revenue declined from the prior quarter but increased compared with the same quarter one year earlier. The sequential decrease followed a period of growth in the preceding quarters.
Key takeaway
Quarter ended Apr 2, 2023 · FY2023 Q1
Revenue declined from the prior quarter but increased compared with the same quarter one year earlier. The sequential decrease followed a period of growth in the preceding quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.9B
Revenue reported for this quarter.
Quarter-over-quarter
-8.9%
Change from the immediately preceding quarter.
Year-over-year
+5.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$39.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 3, 2022 | $9.2B | -0.3% |
| Oct 2, 2022 | $10B | +4.3% |
| Dec 31, 2022 | $10.9B | +5.4% |
| Apr 2, 2023 | $9.9B | +5.2% |
Revenue performance
The reported revenue was lower than the immediately preceding quarter, reflecting a reversal of the prior upward trend.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. The sequential decline contrasts with the year-over-year gain.
What to watch
The sequential revenue decline may warrant attention given the prior quarters of consistent growth.