General Dynamics reported third-quarter 2026 revenue of $14.566 billion, up 12.9% from a year earlier, and diluted earnings per share of $4.49, up 15.7%. The figures cover the unaudited quarter ended 4 October 2026 and were released on 30 October.
The company also reported $1.527 billion in operating earnings and $1.7 billion of cash provided by operating activities. Those measures answer different questions: revenue records sales, operating earnings measures profit from operations, and cash from operations measures cash generated by the business.
Quarterly figures
Amounts are US dollars. The table is based on General Dynamics’ SEC-filed Exhibit 99.1, checked 1 November 2026 at 05:01:19 UTC.
| Measure | Q3 2026 | Q3 2025 | Official evidence |
|---|---|---|---|
| Revenue | $14.566 billion; +12.9% | $12.907 billion | Unaudited statement of earnings |
| Operating earnings | $1.527 billion; +14.7% | $1.331 billion | Unaudited statement of earnings |
| Diluted EPS | $4.49; +15.7% | $3.88 | Unaudited statement of earnings |
| Cash from operating activities | $1.7 billion | Not compared in this release highlight | Cash and capital deployment |
Backlog is not revenue
General Dynamics reported company-wide book-to-bill of 6.8-to-1 and backlog of $220.3 billion at quarter-end. It separately reported $50.4 billion of estimated potential contract value, described as management’s estimate for unfunded IDIQ contract value and unexercised options. Together, the company called the $270.7 billion total its estimated contract value.
That is an order-and-contract measure, not an amount of sales already recognised. Timing, funding, options and performance obligations can affect whether and when it becomes revenue. The release does not establish future revenue, earnings or a market outcome.
What to watch
The next official filing can show how orders, conversion to revenue and cash generation develop. This report does not provide a company revenue forecast.
Primary source record
General Dynamics Exhibit 99.1 filed with the SEC — issuer: General Dynamics; observed 2026-11-01T05:01:19Z. AI-assisted primary-document comparison; not independent human editorial approval. Tatai is the publisher-designated author. This is financial information, not personalised investment advice.
Cross-check: General Dynamics Q3 2026 Form 10-Q filed with the SEC was reviewed alongside the release. Both are official primary records; the filing provides the detailed quarterly record, while the release supplies the current-period summary and disclosed adjusted measures or outlook where applicable.
Recorded source observation: . This is a source-check timestamp, not a market quote or a new article update.