General Dynamics reported first-quarter 2026 revenue of $13.5 billion. This figure represents a 10.3% increase compared to the prior-year quarter. Diluted earnings per share rose 12% to $4.10. These results exceeded analyst consensus forecasts by more than 11%.
The company achieved a consolidated book-to-bill ratio of 2-to-1. Total backlog increased 47.6% year-over-year to $130.8 billion. All four business segments recorded growth during the period.
General Dynamics shares rose 7.75% in pre-market trading following the announcement.