Aerospace company General Dynamics (NYSE: GD) on Wednesday reported an increase in revenues and flat earnings for the fourth quarter of fiscal 2025. Both the top line and profit beat analysts’ estimates.
Fourth-quarter revenue increased 7.8% year-over-year to $14.4 billion, which is well above estimates. Cash provided by operating activities in the quarter totaled $1.6 billion, or 137% of net earnings.
Meanwhile, net income remained broadly unchanged at $1.14 billion in the December quarter. On a per-share basis, earnings were $4.17, compared to $4.15 in the prior-year quarter. Analysts were expecting a year-over-year decrease in Q4 earnings.
“We had a solid fourth quarter, capping off a year that saw growth in revenue and earnings in all four segments coupled with an impressive 30% growth in company-wide backlog, As we focus on execution of programs for our customers, we are also preparing aggressively for future growth, investing nearly $1.2 billion in capital expenditures in 2025 – with even more investments planned in the year ahead,” said Phebe Novakovic, CEO of General Dynamics.