Image Courtesy- GE Aerospace
GE Aerospace has reported a strong performance for the second quarter of 2026, driven by robust growth in its commercial services business and continued operational improvements across its global operations. The company has consequently raised its full-year guidance across all key financial metrics.
During the second quarter, GE Aerospace recorded total orders of $16.5 billion, an increase of 17% year-over-year, while total revenue (GAAP) reached $13.3 billion, up 21%. Adjusted revenue rose 24% to $12.6 billion.
The company posted a GAAP profit of $2.8 billion, up 17%, and an operating profit of $2.7 billion, an increase of 18% compared to the same period last year. Continuing earnings per share (EPS) grew 23% to $2.30, while adjusted EPS increased 22% to $2.02.
Cash generation also remained strong, with cash from operating activities rising 39% to $3.3 billion and free cash flow increasing 43% to $3.0 billion.
Commenting on the results, H. Lawrence Culp, Jr., Chairman and CEO of GE Aerospace, said, “GE Aerospace delivered a strong second quarter with revenue and EPS both up more than 20%, driven by robust commercial services growth. FLIGHT DECK continues to fuel significant operational improvements across services and equipment with record internal shop visit output in the quarter and 31% growth in total engine deliveries in the first half.”
He added that the company’s exceptional performance and visibility for the remainder of the year have enabled GE Aerospace to raise its full-year guidance, while maintaining its focus on delivering its more than $210 billion backlog and investing in technologies that improve engine performance and cost of ownership.
The company’s Commercial Engines & Services (CES) segment reported strong momentum, with orders increasing 18% and revenue rising 27%. Internal shop visit revenue grew 25%, while spare parts revenue increased by more than 25%. Profit in the segment rose 20%, supported by higher services volumes and pricing.
Meanwhile, Defence & Propulsion Technologies (DPT) also delivered solid results, with orders up 12% and revenue increasing 16%, reflecting continued demand across defence programs.
GE Aerospace highlighted continued progress through its FLIGHT DECK operating model, with material input from priority suppliers increasing by double digits both sequentially and year-over-year during the quarter.
Demand for the company’s LEAP engines remains strong, and GE Aerospace recently completed certification of the LEAP-1B durability kit, including the upgraded high-pressure turbine (HPT) blade.
The company also achieved a significant milestone in sustainable aviation through the NASA Electrified Powertrain Flight Demonstration (EPFD) project by completing ground testing of its megawatt-class hybrid electric demonstrator. The project combines advanced engines, electrical power systems, and controls to accelerate the development of hybrid-electric aviation.
GE Aerospace has also expanded its collaboration with BETA Technologies to advance modifications to the Electrified Powertrain Flight Demonstration aircraft.
The company reported continued momentum in both existing and future programs. Turkish Aerospace selected F404 engines for its HÜRJET advanced jet trainer program, while Leonardo Helicopters selected CT7 engines for the UK Ministry of Defence’s New Medium Helicopter programme.
Additionally, GE Aerospace completed the assembly readiness review for the XA102 adaptive cycle engine, moving the programme from the design phase into assembly and testing.
The second-quarter performance capped an exceptional first half for the company, with orders up 49%, adjusted revenue increasing 27%, adjusted EPS growing 24%, and free cash flow rising 31% with 115% conversion.
Backed by strong first-half momentum and a healthy order book, GE Aerospace expects to maintain its growth trajectory through the remainder of 2026 and has raised its full-year outlook accordingly.
