International Companies
GE Aerospace paints confident outlook as Q1 orders surge
By Benjamin Chiou
Date: Tuesday 21 Apr 2026
(Sharecast News) - GE Aerospace reported a near-90% surge in orders over the first quarter as the jet engine and components maker said results were trending to the high-end of 2026 guidance.
The Cincinnati-based outfit reported revenues of $12.4bn for the three months to 31 March, up 25% over the year before, with orders climbing 87% to $23.0bn.
Net profits fell 2% to $2.2bn, though adjusted operating profits were 18% ahead at $2.5bn, with adjusted earnings per share of $1.86 smashing the $1.60 consensus estimate..
"Our young and diverse fleet coupled with a $170 billion commercial services backlog positions us well to navigate the current operating environment," said chair and chief executive H Lawrence Culp Jr.
"With the dynamic geopolitical landscape, we're holding our full-year guidance across the board and are trending toward the high-end of the range given our strong start to the year."
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