GE Aerospace beat estimates on revenue and earnings last quarter as orders for its engines surged.
Revenue was up 18% year-over-year to US$11.87 billion, above estimates of $11.2 billion. Earnings per share rose 19% to $1.57, passing estimates of $1.43.
“With a strong fourth quarter, GE Aerospace delivered an outstanding year as revenue grew 21%, EPS was up 38%, and free cash flow conversion exceeded 100%,” said GE Aerospace CEO Larry Culp.
“We enter 2026 with solid momentum to build upon these results and are well positioned to create greater value for our customers. This supports another year of substantial EPS and cash growth, and I'm confident our team will deliver.”
Its commercial engines and services orders last quarter climbed by 76% to $22.84 billion, with equipment orders more than doubling. Defence and propulsion technologies orders were up 61% to $4.57 billion.
Operating profit increased by 14% to $2.27 billion.
The company’s full-year guidance for 2026 includes operating profit of $9.85-10.25 billion and earnings per share of $7.10-7.40, above estimates of $7.11. It expects commercial engines and services revenue growth in the mid-teens percentages.
GE Aerospace (NYSE: GE) shares dropped 7.4% to close at $318.50, but then climbed 0.6% after-hours. Its market capitalisation is $311.17 billion.
