GE · Earnings call · 2026Q3T · Full report

Operating Expense Trends

GENERAL ELECTRIC CO · 2026-10-20 · Importance 58 · Surprise 24 · No source text

Corporate cost was approximately $160 million lower year over year in the quarter because of accrual timing and cost-management initiatives. The corporate-cost benefit was partly offset by a slight increase in eliminations. Management expects full-year corporate costs and eliminations toward the lower end of the $1.2 billion–$1.3 billion range. GE Aerospace is continuing to invest more than $3 billion annually in research and development to advance commercial and defense propulsion technologies.

Key facts

• GENERAL ELECTRIC CO expects corporate costs and eliminations trending toward the lower end of the $1.2 billion–$1.3 billion range for 2026.
• GENERAL ELECTRIC CO said year-to-date operating profit growth was $1.5 billion (22%) and EPS is growing 28% year-to-date.
• GENERAL ELECTRIC CO said year-to-date operating profit growth amounted to $1.5 billion, or 22%, and year-to-date profit contribution from DPT was $1.3 billion, up 14%.
• GENERAL ELECTRIC CO said year-to-date total company operating profit growth was $1.5 billion, or 22%.
• GENERAL ELECTRIC CO third-quarter EPS was $2.25, up 36%.
• GENERAL ELECTRIC CO said corporate cost was lower by about $160 million in the quarter from timing of accruals and cost management initiatives.

Impact estimates