GE · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
GENERAL ELECTRIC CO · 2026-07-16 · Importance 59 · Surprise 48 · No source text
For the three months ended June 30, 2026, total revenue increased $2.3 billion, or 21%, to $13.349 billion versus the prior-year quarter, driven by higher equipment and services sales. For the six months ended June 30, 2026, total revenue increased $4.8 billion, or 23%, to $25.741 billion versus the six months ended June 30, 2025, with equipment revenue rising to $6.870 billion and services revenue to $17.378 billion. Services remain the largest component of revenue (management notes aftermarket/services represent ~70% of revenue historically), and CES accounted for $9.731 billion of segment revenue in Q2 2026 (equipment $2.297 billion; services $7.434 billion). Internal shop visit revenue grew 30% in H1 2026 and LEAP engine deliveries rose 41% in the first half of 2026, reflecting a shift toward higher aftermarket and LEAP production volumes.
Key facts
- For the three months ended June 30, 2026, adjusted net income (Non-GAAP) was $2,114 million and adjusted EPS $2.02, an increase of 22% in Adjusted EPS. source
- Total revenue for the three months ended June 30, 2026: $13,349 million, up $2.3 billion or 21% compared to the three months ended June 30, 2025. source
- Total revenue for the six months ended June 30, 2026: $25,741 million, up $4.8 billion or 23% compared to the six months ended June 30, 2025. source
- For the three months ended June 30, 2026, consolidated net income from continuing operations attributable to common shareholders: $2,408 million and continuing EPS: $2.30. source
- Services revenue for the three months ended June 30, 2026: $9,031 million. source
- Adjusted net income (Non-GAAP) for the six months ended June 30, 2026: $4,077 million and adjusted EPS $3.88. source
- Services represented approximately 70% of revenue for the company. source
- Equipment revenue for the three months ended June 30, 2026: $3,602 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +36.0% | Total revenue for the six months ended June 30, 2026: $25,741 million, up $4.8 billion or 23% compared to the six months ended June 30,… |
| revenue | positive | realized | +17.2% | Total revenue for the three months ended June 30, 2026: $13,349 million, up $2.3 billion or 21% compared to the three months ended June… |
| net_income | positive | realized | — | For the three months ended June 30, 2026, adjusted net income (Non-GAAP) was $2,114 million and adjusted EPS $2.02, an increase of 22% in… |
| net_income | positive | realized | — | For the three months ended June 30, 2026, consolidated net income from continuing operations attributable to common shareholders: $2,408… |
| revenue | positive | realized | — | Services revenue for the three months ended June 30, 2026: $9,031 million. |
| net_income | positive | realized | — | Adjusted net income (Non-GAAP) for the six months ended June 30, 2026: $4,077 million and adjusted EPS $3.88. |
| revenue | positive | realized | — | Equipment revenue for the three months ended June 30, 2026: $3,602 million. |