General Dynamics (GD) Revenue — Quarter Ended Sep 28, 2025
Revenue for the quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The year-over-year growth was driven by higher product revenue, while services revenue was slightly lower.
Key takeaway
Quarter ended Sep 28, 2025 · FY2025 Q3
Revenue for the quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The year-over-year growth was driven by higher product revenue, while services revenue was slightly lower.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$12.9B
Revenue reported for this quarter.
Quarter-over-quarter
-1.0%
Change from the immediately preceding quarter.
Year-over-year
+10.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$51.5B
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 |
|---|---|---|
| Dec 31, 2024 | $13.3B | +14.3% |
| Mar 30, 2025 | $12.2B | +13.9% |
| Jun 29, 2025 | $13B | +8.9% |
| Sep 28, 2025 | $12.9B | +10.6% |
Revenue performance
Total revenue declined from the prior quarter, reflecting a sequential contraction. However, on a year-over-year basis, revenue expanded, supported by a strong increase in product sales.
Quarterly comparison
Compared with the prior quarter, revenue was lower. Compared with the same quarter last year, revenue was higher, with product revenue rising and services revenue edging down.
What to watch
The divergence between product and services revenue trends may warrant attention in upcoming quarters.