General Dynamics (0IUC.L) Q2 2025 Earnings Report

General Dynamics delivered solid Q2 2025 results, driven by sustained demand across its diversified segments and robust cash generation. Revenue reached $13.041 billion, up 11.7% year-over-year and 6.7% quarter-over-quarter, supported by a favorable mix of programs and ongoing Navy and defense modernization initiatives. Gross profit of $1.949 billion yielded a gross margin of 14.9%, while operating income of $1.305 billion produced an operating margin near 10.0%. Net income was $1.014 billion with earnings per share (GAAP) of $3.78 and diluted EPS of $3.74, reflecting a year-over-year EPS increase of ~11.5%. Free cash flow stood at $1.40 billion, with cash flow from operations of $1.60 billion and capital expenditures of $198 million, underscoring the company’s disciplined capital allocation.