General Dynamics Reports Strong Q1 2026 Results with Double-Digit Growth and Robust 2-to-1 Book-to-Bill
GD sits 26% above its 52-week low of $266.98.
Summary
General Dynamics announced strong first-quarter 2026 financial results, featuring double-digit increases in revenue and diluted EPS, alongside a robust 2-to-1 consolidated book-to-bill ratio.
Key Events · Earnings and Guidance · GD
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Strong Financial Performance
Q1 2026 revenue increased 10.3% to $13.5 billion, and diluted EPS rose 12% to $4.10 compared to the prior year.
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Robust Order Activity
The company achieved a consolidated book-to-bill ratio of 2-to-1, with defense segments at 2.2-to-1 and Aerospace at 1.2-to-1.
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Growing Backlog
Total estimated contract value reached $188.4 billion, including a backlog of $130.8 billion, reflecting strong future revenue potential.
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Excellent Cash Generation
Net cash provided by operating activities totaled $2.2 billion, representing 192% of net earnings.
Analysis · GD · Manufacturing
General Dynamics delivered impressive first-quarter 2026 results, building on its strong full-year 2025 performance. The significant 10.3% revenue growth and 12% diluted EPS increase demonstrate strong operational execution across all segments. The consolidated book-to-bill ratio of 2-to-1, particularly 2.2-to-1 for defense segments, indicates substantial new order intake and a growing backlog, providing excellent revenue visibility and future growth potential. Investors should view these results as a strong affirmation of the company's strategic position and execution capabilities in the aerospace and defense sectors.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 36.7% of the 1075 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.60%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GD was trading at $335.98 on NYSE in the Manufacturing sector, with a market capitalization of approximately $85B. The 52-week trading range was $266.98 to $369.70. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.