GE Aerospace (GE) Q3 2026 Earnings
How Did GE Stock React to Q3 2026 Earnings?
Did GE Beat Earnings? Q3 2026 Results
Yes. GE Aerospace reported Q3 2026 earnings of $2.25 a share on Oct 20, 2026, beating the $1.99 consensus estimate by 13.0%. Revenue was $14.1B against a $12.8B estimate.
GE Aerospace posted a powerful third quarter of 2026, beating Wall Street estimates on both the top and bottom lines and extending its streak of consensus EPS beats to six consecutive quarters. Adjusted EPS of $2.25 topped the $1.99 consensus by 13.02%, while revenue of $14.12 billion came in 9.94% ahead of estimates and grew 15.5% from a year ago, driven overwhelmingly by the Commercial Engines & Services segment, where revenue climbed 21% to $10.34 billion on surging engine deliveries and LEAP shop visits up more than 40%. Total orders jumped 49% to $19.00 billion, underscoring the depth of demand across the business. The strong quarter prompted management to raise full-year 2026 guidance across every key metric, with adjusted EPS now expected at $8.00 to $8.10, up from prior guidance of $7.65 to $7.85, and free cash flow guided to $9.10 to $9.40 billion. A recently announced acquisition of castings supplier Consolidated Precision Products signals further investment in supply chain capacity to support that demand trajectory.
- Commercial services revenue growth of 17% with internal shop visit revenue up 12% and LEAP shop visits up over 40%
- Spare parts revenue grew over 20%
- Equipment revenue grew 38% driven by engine deliveries up 8% including LEAP up 5% and GEnx growth
- Total orders up 49% to $19.0B with commercial services orders up 23%
- Material input from priority suppliers up double-digits year-over-year
- Higher services volume and price driving profit growth
- Operating profit margin expansion of 220 bps to 22.5% on non-GAAP basis
“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.”
GE Aerospace CEO, on the earnings call
What Is GE Aerospace's Outlook?
GE Aerospace raised its full-year 2026 guidance across all metrics. Adjusted revenue growth is now expected at approximately 19-20% (up from high-teens). Operating profit is expected in the range of $10.9-$11.0 billion (up from $10.55-$10.75 billion). Adjusted EPS is expected at $8.00-$8.10 (up from $7.65-$7.85). Free cash flow is expected at $9.1-$9.4 billion (up from $8.9-$9.2 billion) with FCF conversion above 100%. CES now expects revenue growth of low 20s (up from ~20%) with operating profit of $10.5-$10.6 billion (up from $10.25-$10.35 billion). DPT continues to expect revenue growth of low double digits and operating profit of $1.6-$1.7 billion. Adjusted Corporate & Other operating costs are expected to trend toward the lower end of prior $(1.2)-$(1.3) billion guidance. The company expects 2027 commercial services to grow low-double-digits supported by its over $170 billion commercial services backlog.
GE YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $14.1B | $12.2B | +15.5% |
| Operating Income | $2.8B | $2.8B | +0.3% |
| Net Income | $2.4B | $2.2B | +11.8% |
GE Revenue by Segment
When Does GE Aerospace Report Next?
Figures from SEC filings and company reports. Not investment advice.