GD · 10-Q · 2026Q4 · Full report
Guidance / Outlook
GENERAL DYNAMICS CORP · 2026-10-30 · Importance 75 · Surprise 60 · In source text
General Dynamics updated its previously issued 2026 full-year outlook in its third-quarter 2026 filing. It expects revenue of $56.5 billion to $56.8 billion and an operating margin around 10.5%. Management also expects net interest expense of approximately $215 million and diluted EPS of $17.20 to $17.30 for 2026.
Key facts
- General Dynamics’ 2026 full-year outlook is revenue of $56.5 billion to $56.8 billion and operating margin around 10.5%. source
- General Dynamics’ 2026 full-year outlook is net interest expense of approximately $215 million. source
- General Dynamics’ 2026 full-year diluted EPS outlook is $17.20 to $17.30. source
- General Dynamics has received some refunds of previously paid tariffs, but the timing of collection of remaining refunds is uncertain. source
- General Dynamics expects short-term combat vehicle production volumes to be down slightly as the U.S. Army reviews funding priorities and transitions to next-generation combat vehicles. source
- General Dynamics expects increased supply-chain pressure and skilled-worker hiring to meet international demand for Combat Systems products and services. source
- The current continuing resolution, signed September 2, 2026, funds federal agencies through December 11, 2026; General Dynamics does not anticipate it having a material impact on results of operations, financial condition or cash flows. source
- Tariffs in their current form and tariffs yet to be refunded are not material to General Dynamics’ results of operations. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | unclear | committed | — | General Dynamics’ 2026 full-year outlook is revenue of $56.5 billion to $56.8 billion and operating margin around 10.5%. |
| net_income | negative | committed | — | General Dynamics’ 2026 full-year outlook is net interest expense of approximately $215 million. |