GE · 8-K · 20261020PR000063
Guidance / Outlook
GENERAL ELECTRIC CO · 2026-10-20 · Importance 85 · Surprise 76 · From source text
GE Aerospace raised its full-year 2026 guidance across revenue, operating profit, adjusted EPS, and free cash flow. Current guidance calls for adjusted revenue growth of approximately 19–20%, operating profit of $10.9–$11.0 billion, adjusted EPS of $8.00–$8.10, and free cash flow of $9.1–$9.4 billion. Management expects 2027 commercial services growth in the low double digits, supported by a commercial services backlog exceeding $170 billion. Commercial Engines & Services operating profit is expected at $10.5–$10.6 billion, while Defense & Propulsion Technologies operating profit is expected at $1.6–$1.7 billion in 2026.
Key facts
- CES expects 2026 operating profit in the range of $10.5-$10.6 billion, up from prior guide of $10.25-$10.35 billion source
- DPT continues to expect 2026 revenue growth of low double digits and operating profit of $1.6-$1.7 billion source
- CES now expects 2026 revenue growth of low 20s, up from prior guide of ~20% source
- GE Aerospace raised total company 2026 guidance across the board based on year-to-date performance and fourth quarter outlook source
- Company now expects 2027 commercial services to grow low-double-digits source
- GE Aerospace stated it cannot provide a GAAP reconciliation for 2026 Operating profit, Adjusted EPS and FCF guidance without unreasonable effort due to uncertainties including acquisitions & dispositions and mark-to-market of its investment in BETA Technologies, Inc. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | committed | +1.6% | CES expects 2026 operating profit in the range of $10.5-$10.6 billion, up from prior guide of $10.25-$10.35 billion |
| revenue | positive | committed | — | DPT continues to expect 2026 revenue growth of low double digits and operating profit of $1.6-$1.7 billion |
| operating_income | positive | committed | — | DPT continues to expect 2026 revenue growth of low double digits and operating profit of $1.6-$1.7 billion |
| revenue | positive | committed | — | CES now expects 2026 revenue growth of low 20s, up from prior guide of ~20% |
| revenue | positive | committed | — | GE Aerospace raised total company 2026 guidance across the board based on year-to-date performance and fourth quarter outlook |
| operating_income | positive | committed | — | GE Aerospace raised total company 2026 guidance across the board based on year-to-date performance and fourth quarter outlook |
| net_income | positive | committed | — | GE Aerospace raised total company 2026 guidance across the board based on year-to-date performance and fourth quarter outlook |
| cash | positive | committed | — | GE Aerospace raised total company 2026 guidance across the board based on year-to-date performance and fourth quarter outlook |
| revenue | positive | probable | — | Company now expects 2027 commercial services to grow low-double-digits |
| operating_income | unclear | contingent | — | GE Aerospace stated it cannot provide a GAAP reconciliation for 2026 Operating profit, Adjusted EPS and FCF guidance without unreasonable… |
| net_income | unclear | contingent | — | GE Aerospace stated it cannot provide a GAAP reconciliation for 2026 Operating profit, Adjusted EPS and FCF guidance without unreasonable… |
| cash | unclear | contingent | — | GE Aerospace stated it cannot provide a GAAP reconciliation for 2026 Operating profit, Adjusted EPS and FCF guidance without unreasonable… |