Gulfstream Aerospace delivered a record 38 aircraft in the first quarter of 2026, including 31 large-cabin jets and seven midsize models, surpassing its previous best first-quarter performance.
The deliveries marked a modest increase from 36 aircraft handed over in the year-earlier period. Parent company General Dynamics reported the results on April 29, 2026, as part of its quarterly earnings release.
The companys Aerospace segment, which houses Gulfstream, posted revenue of $3.28 billion for the quarter, an 8.4% rise from $3.03 billion in Q1 2025. Operating earnings climbed 14.1% to $493 million, lifting the segments margin to 15.0% from 14.3% a year prior.
Aerospace orders reached $3.84 billion, up significantly from $2.36 billion in the prior-year quarter. The segments backlog grew to $22.27 billion by quarter end, compared with $19.0 billion at the end of Q1 2025 and $21.83 billion at the close of 2025.
Across General Dynamics, first-quarter revenue totaled $13.5 billion, a 10.3% increase year over year, with operating earnings up 12% to $1.42 billion. Diluted earnings per share rose 12% to $4.10. Companywide orders came in at $26.6 billion, pushing total backlog to $130.8 billion.