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GE Aerospace Soars Past Expectations
16 Jul
Summary
- GE Aerospace revenue and profit rose over 20% year-over-year.
- Full-year guidance increased for adjusted EPS and revenue growth.
- Free cash flow surged by 43% to $3.0 billion.
GE Aerospace achieved a robust second quarter, exceeding expectations with revenue and profit both surging more than 20% year-over-year. The company has consequently raised its full-year financial guidance across the board. This upward revision reflects strong performance in the first half of the year and positive visibility for the remainder of 2026.
The commercial engines and services segment experienced a notable 27% increase in sales, while the defense and propulsion technologies unit saw a 16% rise. Free cash flow demonstrated significant strength, growing by 43% to $3.0 billion. Total orders also climbed by 17% to $16.5 billion, indicating sustained demand.
Looking ahead, GE Aerospace now targets adjusted earnings per share between $7.65 and $7.85, an increase from its previous forecast. Revenue growth expectations have also been elevated to a high-teens rate. The commercial engines and services division specifically anticipates operating profit between $10.25 billion and $10.35 billion.
