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GE Aerospace (GE) investor relations material
GE Aerospace Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 orders rose 49% to $19.0B; adjusted revenue increased 18%, operating profit 30% and adjusted EPS 36%. 2026 guidance was raised across the board.
Commercial services and engine deliveries grew more than 20% year to date; commercial services backlog exceeded $170B and total RPO reached $212.1B at September 30.
Financial highlights
Q3 GAAP revenue was $14.1B, up 16%; adjusted revenue was $13.3B, up 18%.
Q3 operating profit was $3.0B, up 30%, with a 22.5% margin, up 220 bps; GAAP profit was $2.8B, up 12%, with a 19.9% margin, down 80 bps.
Adjusted EPS was $2.25, up 36%; continuing-operations diluted EPS was $2.32, up 14%.
Q3 FCF was $2.0B, down 14%, with 87% conversion; 9M FCF was $6.7B, up 13%, with 105% conversion.
9M adjusted revenue was $37.5B, up 23%; operating profit was $8.3B, up 22%, and adjusted EPS was $6.13, up 28%.
Outlook and guidance
2026 adjusted revenue growth guidance rose to 19–20%; operating profit to $10.9–$11.0B; adjusted EPS to $8.00–$8.10; FCF to $9.1–$9.4B, with conversion above 100%.
CES expects 2026 revenue growth in the low 20s and operating profit of $10.5–$10.6B; DPT expects low-double-digit revenue growth and operating profit of $1.6–$1.7B.
2027 commercial services growth is expected in the low double digits; DPT revenue growth is expected in the high single digits, with margins near 2026 levels.
2027 GE9X losses are expected to create a $300M YoY headwind; margin expansion is expected from 2028 as the headwind eases and LEAP services margins mature.
CPP acquisition is expected to close in 2H 2027, subject to approvals; planned funding includes ~$7B cash and the balance in new debt.
- Record orders, robust services growth, and supply chain investments drive strong outlook.GE
Morgan Stanley's 14th Annual Laguna Conference - $11.75B CPP acquisition boosts castings capacity, technology, and near-term financial accretion.GE
Acquisition presentation - Q2 revenue, profit, and cash flow surged, prompting a full-year guidance increase.GE
Q2 2026 - Strong growth in services and innovation, with double-digit expansion and resilient demand.GE
Bernstein 42nd Annual Strategic Decisions Conference - Strong financial results, all management proposals approved, and focus on global growth.GE
AGM 2026 - Q1 2026 saw orders up 87%, revenue up 25%, and EPS up 25%, with guidance at the high end.GE
Q1 2026 - Raised 2024 profit and cash guidance after double-digit Q2 growth in orders and profit.GE
Q2 2024 - Double-digit growth in orders, revenue, and EPS, with 2025 guidance reaffirmed.GE
Q1 2025 - Double-digit growth in orders, profit, and cash flow, with a strong 2025 outlook.GE
Q4 2024
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Next GE Aerospace earnings date
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Frequently asked questions
Over 140 years of experience
General Electric (GE) is a multinational conglomerate that operates in various industries, including aviation, healthcare, power, renewable energy, and more. Founded in 1892, GE has a long history of technological innovation and has been at the forefront of industrial advancements. Today, the company offers a diverse portfolio of products and services, ranging from aircraft engines and medical imaging equipment to power generation systems and digital solutions. GE's global presence, expertise, and commitment to innovation have established it as a leading player in multiple sectors, driving advancements and providing solutions that address complex challenges across industries.
From the 1800’s to the present
GE has a storied history dating back to its founding in 1892 by Thomas Edison, J.P. Morgan, and other notable figures. Initially focused on electrification and lighting, GE quickly expanded into various industries, becoming a prominent force in innovation. Over the years, GE has played a pivotal role in developing groundbreaking technologies, such as the first commercial electric locomotive and the invention of the incandescent light bulb. Throughout the 20th century, GE continued to diversify its offerings, venturing into aviation, healthcare, power generation, and other sectors.
GE of today
General Electric (GE) offers an extensive array of products and services across various industries. In aviation, GE manufactures and provides aircraft engines, including commercial jet engines and turboprops for companies such as Boeing, as well as auxiliary power units. In the power sector, GE offers a wide range of power generation solutions, such as gas turbines, steam turbines, and renewable energy technologies like wind turbines. GE's healthcare division develops and manufactures medical imaging equipment, diagnostic solutions, and healthcare IT systems. Additionally, GE provides digital solutions, including software applications and industrial IoT platforms, to help businesses optimize operations, improve efficiency, and harness the power of data. Other notable customers of GE include companies such as Siemens and GM.
A diverse customer base
GE’s clientele includes businesses, governments, and individuals. GE's wide range of products and services, such as aviation engines, power generation systems, healthcare equipment, and digital solutions, allows them to keep their customer base wide and diversified. From airlines and healthcare providers to utility companies and manufacturing facilities, GE's offerings span multiple sectors, providing tailored solutions to enhance efficiency, productivity, and innovation for their customers.
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