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Side-by-side financial comparison of General Dynamics (GD) and Netflix (NFLX). Click either name above to swap in a different company.
General Dynamics is the larger business by last-quarter revenue ($13.5B vs $12.2B, roughly 1.1× Netflix). Netflix runs the higher net margin — 43.1% vs 8.3%, a 34.8% gap on every dollar of revenue. On growth, Netflix posted the faster year-over-year revenue change (16.2% vs 10.3%). Netflix produced more free cash flow last quarter ($5.1B vs $2.0B). Over the past eight quarters, Netflix's revenue compounded faster (13.2% CAGR vs 6.1%).
General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S.
Netflix is an American subscription video on-demand over-the-top streaming service. The service primarily distributes original and acquired films and television shows from various genres. It is available internationally in multiple languages.
GD vs NFLX — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $13.5B | $12.2B |
| Net Profit | $1.1B | $5.3B |
| Gross Margin | — | 51.9% |
| Operating Margin | 10.5% | 32.3% |
| Net Margin | 8.3% | 43.1% |
| Revenue YoY | 10.3% | 16.2% |
| Net Profit YoY | 758.8% | 82.8% |
| EPS (diluted) | $4.10 | $1.23 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $13.5B | $12.2B | ||
| Q4 25 | $14.4B | $12.1B | ||
| Q3 25 | $12.9B | $11.5B | ||
| Q2 25 | $13.0B | $11.1B | ||
| Q1 25 | $12.2B | $10.5B | ||
| Q4 24 | $13.3B | $10.2B | ||
| Q3 24 | $11.7B | $9.8B | ||
| Q2 24 | $12.0B | $9.6B |
| Q1 26 | $1.1B | $5.3B | ||
| Q4 25 | $1.1B | $2.4B | ||
| Q3 25 | $1.1B | $2.5B | ||
| Q2 25 | $1.0B | $3.1B | ||
| Q1 25 | $994.0M | $2.9B | ||
| Q4 24 | $1.1B | $1.9B | ||
| Q3 24 | $930.0M | $2.4B | ||
| Q2 24 | $905.0M | $2.1B |
| Q1 26 | — | 51.9% | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 46.4% | ||
| Q2 25 | — | 51.9% | ||
| Q1 25 | — | 50.1% | ||
| Q4 24 | — | 43.7% | ||
| Q3 24 | — | 47.9% | ||
| Q2 24 | — | 45.9% |
| Q1 26 | 10.5% | 32.3% | ||
| Q4 25 | 10.1% | 24.5% | ||
| Q3 25 | 10.3% | 28.2% | ||
| Q2 25 | 10.0% | 34.1% | ||
| Q1 25 | 10.4% | 31.7% | ||
| Q4 24 | 10.7% | 22.2% | ||
| Q3 24 | 10.1% | 29.6% | ||
| Q2 24 | 9.7% | 27.2% |
| Q1 26 | 8.3% | 43.1% | ||
| Q4 25 | 7.9% | 20.1% | ||
| Q3 25 | 8.2% | 22.1% | ||
| Q2 25 | 7.8% | 28.2% | ||
| Q1 25 | 8.1% | 27.4% | ||
| Q4 24 | 8.6% | 18.2% | ||
| Q3 24 | 8.0% | 24.1% | ||
| Q2 24 | 7.6% | 22.5% |
| Q1 26 | $4.10 | $1.23 | ||
| Q4 25 | — | $-17.14 | ||
| Q3 25 | — | $5.87 | ||
| Q2 25 | — | $7.19 | ||
| Q1 25 | — | $0.66 | ||
| Q4 24 | — | $4.27 | ||
| Q3 24 | — | $5.40 | ||
| Q2 24 | — | $4.88 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.7B | $12.3B |
| Total DebtLower is stronger | $6.3B | $13.4B |
| Stockholders' EquityBook value | $26.1B | $31.1B |
| Total Assets | $59.0B | $61.0B |
| Debt / EquityLower = less leverage | 0.24× | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.7B | $12.3B | ||
| Q4 25 | $2.3B | $9.1B | ||
| Q3 25 | $2.5B | $9.3B | ||
| Q2 25 | $1.5B | $8.4B | ||
| Q1 25 | $1.2B | $8.4B | ||
| Q4 24 | $1.7B | $9.6B | ||
| Q3 24 | $2.1B | $9.2B | ||
| Q2 24 | $1.4B | $6.7B |
| Q1 26 | $6.3B | $13.4B | ||
| Q4 25 | $8.1B | $13.5B | ||
| Q3 25 | — | $14.5B | ||
| Q2 25 | — | $14.5B | ||
| Q1 25 | — | $14.0B | ||
| Q4 24 | $8.8B | $13.8B | ||
| Q3 24 | — | $14.2B | ||
| Q2 24 | — | $12.2B |
| Q1 26 | $26.1B | $31.1B | ||
| Q4 25 | $25.6B | $26.6B | ||
| Q3 25 | $24.4B | $26.0B | ||
| Q2 25 | $23.6B | $25.0B | ||
| Q1 25 | $22.2B | $24.0B | ||
| Q4 24 | $22.1B | $24.7B | ||
| Q3 24 | $23.0B | $22.7B | ||
| Q2 24 | $22.0B | $22.1B |
| Q1 26 | $59.0B | $61.0B | ||
| Q4 25 | $57.2B | $55.6B | ||
| Q3 25 | $57.6B | $54.9B | ||
| Q2 25 | $56.9B | $53.1B | ||
| Q1 25 | $56.6B | $52.1B | ||
| Q4 24 | $55.9B | $53.6B | ||
| Q3 24 | $57.3B | $52.3B | ||
| Q2 24 | $55.4B | $49.1B |
| Q1 26 | 0.24× | 0.43× | ||
| Q4 25 | 0.32× | 0.51× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 0.40× | 0.56× | ||
| Q3 24 | — | 0.62× | ||
| Q2 24 | — | 0.55× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $5.3B |
| Free Cash FlowOCF − Capex | $2.0B | $5.1B |
| FCF MarginFCF / Revenue | 14.5% | 41.6% |
| Capex IntensityCapex / Revenue | 1.5% | 1.6% |
| Cash ConversionOCF / Net Profit | — | 1.00× |
| TTM Free Cash FlowTrailing 4 quarters | $6.2B | $11.9B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.3B | ||
| Q4 25 | $1.6B | $2.1B | ||
| Q3 25 | $2.1B | $2.8B | ||
| Q2 25 | $1.6B | $2.4B | ||
| Q1 25 | $-148.0M | $2.8B | ||
| Q4 24 | $2.2B | $1.5B | ||
| Q3 24 | $1.4B | $2.3B | ||
| Q2 24 | $814.0M | $1.3B |
| Q1 26 | $2.0B | $5.1B | ||
| Q4 25 | $952.0M | $1.9B | ||
| Q3 25 | $1.9B | $2.7B | ||
| Q2 25 | $1.4B | $2.3B | ||
| Q1 25 | $-290.0M | $2.7B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.2B | $2.2B | ||
| Q2 24 | $613.0M | $1.2B |
| Q1 26 | 14.5% | 41.6% | ||
| Q4 25 | 6.6% | 15.5% | ||
| Q3 25 | 14.7% | 23.1% | ||
| Q2 25 | 10.7% | 20.5% | ||
| Q1 25 | -2.4% | 25.2% | ||
| Q4 24 | 13.5% | 13.5% | ||
| Q3 24 | 10.4% | 22.3% | ||
| Q2 24 | 5.1% | 12.7% |
| Q1 26 | 1.5% | 1.6% | ||
| Q4 25 | 4.2% | 2.0% | ||
| Q3 25 | 1.6% | 1.4% | ||
| Q2 25 | 1.5% | 1.4% | ||
| Q1 25 | 1.2% | 1.2% | ||
| Q4 24 | 2.7% | 1.5% | ||
| Q3 24 | 1.7% | 1.3% | ||
| Q2 24 | 1.7% | 0.8% |
| Q1 26 | — | 1.00× | ||
| Q4 25 | 1.37× | 0.87× | ||
| Q3 25 | 1.99× | 1.11× | ||
| Q2 25 | 1.58× | 0.78× | ||
| Q1 25 | -0.15× | 0.97× | ||
| Q4 24 | 1.88× | 0.82× | ||
| Q3 24 | 1.52× | 0.98× | ||
| Q2 24 | 0.90× | 0.60× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
