General Electric Aerospace Reports 16% Revenue Growth to $14.1 Billion in Q3 2026

General Electric Company (GE Aerospace) reported a significant increase in financial performance for the third quarter of 2026, with total revenue reaching $14.1 billion, a 16% increase from $12.2 billion in the same period last year. For the nine months ending September 30, 2026, total revenue rose to $39.9 billion, up 20% from $33.1 billion in 2025. The growth was driven by a notable increase in both equipment and services revenue, which rose to $3.9 billion and $9.4 billion, respectively, for the quarter, and $10.8 billion and $26.7 billion for the nine months.

Net income from continuing operations for the third quarter was $2.4 billion, or $2.32 per share, compared to $2.2 billion, or $2.04 per share, in the prior year. For the nine-month period, net income increased to $6.8 billion, or $6.44 per share, from $6.1 billion, or $5.73 per share, in 2025. The increase in profitability was attributed to higher segment profits and a decrease in corporate operating costs, despite a decline in insurance profit.

Strategically, GE Aerospace announced plans to acquire Consolidated Precision Products (CPP) for $11.75 billion, aiming to enhance its manufacturing capabilities in the aerospace sector. The acquisition is expected to be funded with approximately $7 billion in cash and the remainder through new debt, with the transaction anticipated to close in the second half of 2027, pending regulatory approvals. Additionally, the company is investing $1 billion in U.S. manufacturing and plans to hire 5,000 workers in 2026, reflecting its commitment to domestic production.

Operationally, GE Aerospace reported a 25% increase in total engine deliveries and a 26% rise in LEAP engine deliveries for the nine months ended September 30, 2026. The company also noted a 23% growth in internal shop visit revenue, driven by increased demand for services. As of September 30, 2026, the remaining performance obligation (RPO) increased to $212.1 billion, up 11% from December 31, 2025, indicating strong future revenue potential.

Looking ahead, GE Aerospace anticipates continued growth driven by increased demand for commercial air travel and defense spending. The company is focused on mitigating supply chain constraints and inflationary pressures through its FLIGHT DECK operating model, which emphasizes lean manufacturing and cost productivity. Despite potential challenges from geopolitical tensions and market volatility, GE Aerospace remains optimistic about its ability to navigate these issues and deliver on its strategic priorities.