GE Aerospace Reports Q3 2026 Results and Raises Full-Year Guidance Across the Board

Executive Summary

On October 20, 2026, General Electric Company (operating as GE Aerospace) filed a Current Report on Form 8-K under Item 2.02 (Results of Operations and Financial Condition), furnishing its third-quarter 2026 financial results and raising full-year 2026 guidance across all major operational and financial metrics.

Third-Quarter 2026 Financial Highlights

• Orders: Reached $19.0 billion, up 49% year-over-year, driven by broad commercial engine and services demand.
• Revenue:
  • GAAP Total Revenue was $14.12 billion, up 16% YoY.
  • Adjusted Revenue reached $13.29 billion, expanding 18% YoY.
  • Commercial Engines & Services (CES) revenue increased 21% to $10.34 billion.
  • Defense & Propulsion Technologies revenue grew 7% to $3.47 billion.
• Profitability:
  • GAAP Profit was $2.81 billion (+12% YoY) with a profit margin of 19.9% (-80 bps YoY).
  • Operating Profit surged 30% YoY to $2.99 billion, expanding operating profit margin by 220 basis points to 22.5%.
• Earnings Per Share:
  • GAAP Continuing EPS was $2.32 (+14% YoY).
  • Adjusted EPS grew 36% YoY to $2.25 compared to $1.66 in Q3 2025.
• Cash Flow:
  • Cash from Operating Activities was $2.20 billion (-14% YoY).
  • Free Cash Flow stood at $2.04 billion (-14% YoY).

Full-Year 2026 Guidance Update

Management raised full-year 2026 targets as follows:

Metric	FY 2025 Actual	Prior FY 2026 Guidance	Current FY 2026 Guidance
Adjusted Revenue Growth	+21% ($42.3B)	High-teens	~19–20%
Operating Profit	$9.1B (21.4% margin)	$10.55B – $10.75B	$10.9B – $11.0B
Adjusted EPS	$6.37	$7.65 – $7.85	$8.00 – $8.10

Strategic and Operational Developments

• Commercial Backlog & Orders: Announced commitments for more than 1,800 engines at the Farnborough International Airshow, including over 1,000 LEAP-1A engines with IndiGo and an agreement with Turkish Airlines for over 300 LEAP-1B engines. Commercial services backlog exceeds $170 billion.
• M&A: Signed an agreement to acquire Consolidated Precision Products (CPP) to boost aerospace casting manufacturing capacity across commercial, aftermarket, and defense programs.
• Defense Programs: Awarded a contract worth up to $2.9 billion for ongoing F414 engine support powering U.S. Navy F/A-18 and EA-18G fleets; progress continues on the GEK800 (F143) and XA102 adaptive-cycle engine programs.