GE Aerospace Raises 2026 Outlook as Third-Quarter Results Climb

GE Aerospace raised its 2026 financial targets Tuesday as the U.S. aircraft engine maker posted year-over-year gains in third-quarter adjusted EPS, adjusted revenue and orders for the quarter ended Sept. 30.

Adjusted diluted earnings per share rose 36% to $2.25 from $1.66 a year earlier. Continuing GAAP EPS was $2.32, up 14%. Adjusted revenue increased 18% to $13.285 billion from $11.305 billion.

Total revenue reached $14.118 billion, a 16% increase. It included $833 million from run-off insurance operations, which GE excludes from adjusted revenue. Non-GAAP operating profit rose 30% to $2.988 billion, and the operating margin was 22.5%.

Orders climbed 49% to $19 billion, with commercial services orders up 23%. GE Aerospace Chairman and CEO H. Lawrence Culp, Jr., attributed the increase to “solid demand.”

For 2026, GE now expects adjusted EPS of $8.00 to $8.10, up from its previous range of $7.65 to $7.85. The company also raised its forecast for adjusted revenue growth to about 19% to 20%, operating profit to $10.9 billion to $11.0 billion, and free cash flow to $9.1 billion to $9.4 billion.