General Dynamics Corp.
Cash Flow Statement
| Line Item | Apr 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.13B | $1.14B | $1.06B | $1.01B | $994.0M | $1.15B | $930.0M | $905.0M |
| Depreciation & Amortization | $232.0M | $252.0M | $226.0M | $223.0M | $223.0M | $240.0M | $218.0M | $217.0M |
| Depreciation | $173.0M | $190.0M | $165.0M | $163.0M | $162.0M | $175.0M | $158.0M | $159.0M |
| Amortization | $44.0M | $43.0M | $44.0M | $43.0M | $44.0M | $46.0M | $45.0M | $44.0M |
| Stock-Based Compensation | $40.0M | $50.0M | $57.0M | $55.0M | $34.0M | $46.0M | $50.0M | $53.0M |
| Net Cash from Operating Activities | $2.16B | $1.56B | $2.11B | $1.60B | $-148.0M | $2.16B | $1.42B | $814.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $203.0M | $609.0M | $212.0M | $198.0M | $142.0M | $355.0M | $201.0M | $201.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-202.0M | $-862.0M | $-206.0M | $-86.0M | $-130.0M | $-365.0M | $-281.0M | $-125.0M |
| Financing Activities | ||||||||
| Dividends Paid | $405.0M | $405.0M | $403.0M | $402.0M | $383.0M | $389.0M | $390.0M | $389.0M |
| Stock Repurchases | $217.0M | $37.0M | $0 | $0 | $600.0M | $1.32B | $44.0M | $34.0M |
| Net Cash from Financing Activities | $-629.0M | $-884.0M | $-903.0M | $-1.23B | $-175.0M | $-2.20B | $-395.0M | $-362.0M |
| Net Change in Cash | $1.32B | $-187.0M | $997.0M | $281.0M | $-455.0M | $-404.0M | $739.0M | $326.0M |
| Free Cash Flow | $1.95B | $952.0M | $1.90B | $1.40B | $-290.0M | $1.81B | $1.22B | $613.0M |