GE Aerospace: Beat — EPS $2.25, Revenue $13.29B
GEGE Aerospace•Q3 2026•Oct 20, 2026, 6:40 AM EDT
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Earnings BeatQ3 2026 · Pre-market
@trystockwhiz
Did GE Aerospace (GE) beat earnings today?
Yes, GE Aerospace (GE) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+11.94% surprise
$2.25Actual
Expected: $2.01
vs. year ago +36.0%
Total Revenue+3.20% surprise
$13.29BActual
Expected: $12.88B
vs. year ago +16.0%
Released Oct 20 · 6:40 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $14.12B | $12.18B | +16.0 |
| Revenue detail — reported lines | |||
| └─Commercial Engines & Services | $10.34B | $8.52B | +21.0 |
| └─Defense & Propulsion Technologies | $3.47B | $3.25B | +7.0 |
| └─Eliminations & Other | ($526.00M) | ($466.00M) | -13.0 |
| Adjusted Revenue | $13.29B | $11.30B | +18.0 |
| Continuing EPS | $2.32 | $2.04 | +14.0 |
| Adjusted EPS | $2.25 | $1.66 | +36.0 |
| Net income from continuing operations | $2.41B | $2.17B | - |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY2026 Outlook |
|---|---|---|
| Adjusted Revenue Growth | — | ~19-20% (prev. High-teens) |
| Operating Profit | — | $10.9-$11.0B (prev. $10.55-$10.75B) |
| Adjusted EPS | — | $8.00-$8.10 (prev. $7.65-$7.85) |
| Free Cash Flow | — | $9.1-$9.4B (prev. $8.9-$9.2B) |
| FCF Conversion | — | >100% (prev. >100%) |
| CES Revenue Growth | — | low 20s (prev. ~20%) |
| CES Operating Profit | — | $10.5-$10.6B (prev. $10.25-$10.35B) |
| DPT Revenue Growth | — | low double digits |
| DPT Operating Profit | — | $1.6-$1.7B |
Business Highlights
- ➤Priority-supplier material input increased double-digits year-over-year.
- ➤LEAP total engine deliveries grew 26% year-to-date.
- ➤Secured commitments for more than 1,800 engines at Farnborough International Airshow.
- ➤IndiGo committed to more than 1,000 LEAP-1A engines in the largest LEAP agreement.
- ➤Signed Turkish Airlines agreement for more than 300 LEAP-1B engines and fleet services.
- ➤Won a U.S. Navy F414 support contract worth up to $2.9B.
- ➤Agreed to acquire Consolidated Precision Products to expand mission-critical castings capacity.
- ➤Completed the first high-altitude hybrid-electric flight above 30,000 feet with NASA, BETA and Boeing.
- ➤GEK800 (F143) was designated a second-source JASSM propulsion solution.
- ➤XA102 advanced into NGAP hardware procurement and subcomponent testing.
Management Commentary
H. Lawrence Culp, Jr., GE Aerospace Chairman and CEO
“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.”
H. Lawrence Culp, Jr., GE Aerospace Chairman and CEO
“Thanks to the collaboration of the GE Aerospace team with our supplier partners we continue to build momentum. By leveraging FLIGHT DECK fundamentals, year-to-date commercial services revenue and total engine deliveries were both up over 20%, including another quarter of record internal shop visit output. All the while, we're continuing to invest in our customers' needs with our agreement to acquire CPP to expand capacity, and over $3 billion in annual R&D to advance current and future technologies.”