General Dynamics Surges on Strong Q2 Earnings and Revenue Beat as Trading Volume Ranks in Top 500

General Dynamics (GD) rose 0.97% on August 22, 2025, with a trading volume of $0.29 billion, outperforming broader market benchmarks. The stock’s recent performance aligns with strong Q2 earnings and revenue figures, which exceeded estimates and reflected robust growth across key segments.

The company reported Q2 2025 earnings per share of $3.74, surpassing the $3.59 consensus estimate by 4.2%. Year-over-year, earnings increased by 14.7%, driven by higher revenues and improved operating margins. Total revenue reached $13.04 billion, a 5.6% beat on the $12.35 billion estimate, with a 8.9% year-over-year increase. The Marine Systems and Aerospace segments led growth, with Marine Systems revenue surging 22.2% to $4.22 billion and operating earnings rising 18.8% to $291 million.

General Dynamics’ total backlog stood at $103.68 billion as of June 29, 2025, reflecting a significant increase from the first quarter. The funded backlog of $83.88 billion underscores sustained demand for its defense and aerospace products. Operating earnings totaled $1.31 billion, up 12.9% year-over-year, while cash generated by operations in the first half of 2025 reached $1.45 billion, compared to $540 million in the prior-year period.

Analysts have noted upward revisions in earnings estimates since the earnings release, with a Zacks Rank #3 (Hold) indicating in-line returns are expected. The stock’s VGM Score of B highlights its growth potential, though momentum metrics remain moderate. Industry peers like Lockheed Martin have seen mixed performance, but General Dynamics’ strong operational metrics and backlog position it favorably within the defense sector.

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