General Dynamics (GD) Revenue — Quarter Ended Mar 30, 2025
Revenue for the quarter increased compared to the same period last year, driven by growth in both products and services. However, revenue declined from the immediately preceding quarter.
Key takeaway
Quarter ended Mar 30, 2025 · FY2025 Q1
Revenue for the quarter increased compared to the same period last year, driven by growth in both products and services. However, revenue declined from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$12.2B
Revenue reported for this quarter.
Quarter-over-quarter
-8.4%
Change from the immediately preceding quarter.
Year-over-year
+13.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$49.2B
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 |
|---|---|---|
| Jun 30, 2024 | $12B | +18.0% |
| Sep 29, 2024 | $11.7B | +10.4% |
| Dec 31, 2024 | $13.3B | +14.3% |
| Mar 30, 2025 | $12.2B | +13.9% |
Revenue performance
The reported revenue reflects a year-over-year increase, with products revenue rising more sharply than services. Operating earnings also improved compared to the prior year quarter.
Quarterly comparison
Compared to the prior quarter, revenue decreased, reversing the upward trend seen in the previous period. Relative to the same quarter last year, revenue was higher, continuing the positive year-over-year performance.
What to watch
The sequential revenue decline warrants attention, particularly if it signals a broader trend beyond normal quarterly fluctuations.