GE Aerospace Commercial Engines Revenue Soars 27% to $9.73B in Q2
GE sits 43% above its 52-week low of $254.66.
Summary
GE Aerospace's commercial engines and services segment delivered $9.73B in Q2 revenue, a 27% jump from the prior year, with orders reaching $12.93B, up 18%. The company raised its 2026 commercial engines and services revenue growth outlook to about 20% from a prior mid-teens view, and lifted its 2026 operating profit forecast to $10.25B-$10.35B from $9.6B-$9.9B. The Q2-end backlog surpassed $210 billion, underscoring strong demand. This follows the broader Q2 beat where adjusted EPS of $2.02 topped consensus and full-year guidance was raised to $7.85. The segment-level detail confirms that the commercial aerospace recovery is the primary driver of the outperformance, with broad-based strength.
At the time of this announcement, GE was trading at $363.40 on NYSE in the Manufacturing sector, with a market capitalization of approximately $376B. The 52-week trading range was $254.66 to $382.97. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.