GE Aerospace Q3 revenue reached $14.118 billion, up 16% year-on-year, with full-year guidance raised.
智通财经2026/10/20 10:56Show original
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GE Aerospace (GE.US) Q3 2026 total revenue was $14.118 billion, an increase of 16% year-on-year. Diluted earnings per share were $2.32 (previously $2.04), up 14% year-on-year. Net profit was $2.412 billion, up 11% year-on-year. Non-GAAP net profit was $2.343 billion, an increase of 33% year-on-year, and Non-GAAP earnings per share were $2.25 (previously $1.66). Commercial engines and services revenue was $10.342 billion, up 21% year-on-year; defense and propulsion technologies revenue was $3.469 billion, up 7% year-on-year. The company raised its full-year 2026 guidance: adjusted revenue growth of about 19-20%, operating profit of $10.9-11.0 billion, adjusted EPS of $8.00-8.10, and free cash flow of $9.1-9.4 billion; commercial services in 2027 are expected to grow at a low double-digit rate. GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. (Larry Culp) stated: "We delivered strong performance this quarter, with steady demand driving order growth of 49%, including commercial services up 23%, total revenue up 18%, and EPS up 36%. We have fully raised our 2026 guidance and currently expect commercial services in 2027 to achieve low double-digit growth, benefiting from our backlog of over $170 billion in commercial services orders. Thanks to the collaboration between the GE Aerospace team and supplier partners, we continue to build momentum. By leveraging FLIGHT DECK core principles, year-to-date commercial services revenue and total engine deliveries both increased by more than 20%, including another record quarter for internal maintenance visits. Meanwhile, we are continuing to invest in customer demand, reaching an agreement to acquire CPP to expand capacity, and investing over $3 billion annually in R&D to advance current and future technologies."
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