Year-to-date orders, revenue and total engine deliveries up over 20%, raising full-year guidance
Third Quarter 2026:- Total orders of $19.0B, +49%;
- Total revenue (GAAP) of $14.1B, +16%; adjusted revenue* $13.3B, +18%; • Profit (GAAP) of $2.8B, +12%; operating profit* $3.0B, +30%;
- Profit Margin (GAAP) of 19.9%, (80) bps; operating profit margin* 22.5%, +220 bps;
- Continuing EPS (GAAP) of $2.32, +14%; adjusted EPS* $2.25, +36%;
- Cash from operating activities (GAAP) of $2.2B, (14)%; free cash flow* $2.0B, (14)%
GE Aerospace Chairman and CEO H. Lawrence Culp, Jr., said, “We delivered strong results this quarter as solid demand drove orders up 49%, with strength in commercial services up 23%, total revenue up 18% and EPS up 36%. We are raising our 2026 guidance across the board, and we now expect 2027 commercial services to grow low-double-digits supported by our over $170 billion commercial services backlog.”
Culp continued, “Thanks to the collaboration of the GE Aerospace team with our supplier partners we continue to build momentum. By leveraging FLIGHT DECK fundamentals, year-to-date commercial services revenue and total engine deliveries were both up over 20%, including another quarter of record internal shop visit output. All the while, we're continuing to invest in our customers' needs with our agreement to acquire CPP to expand capacity, and over $3 billion in annual R&D to advance current and future technologies."
For the full earnings release, please go here.