Jun 2026 (Q2 FY26) — Jul 16, 2026
General Electric Company Q2 FY26 — Strong Growth and Raised Full-Year Guidance
Read the full callGeneral Electric Company (GE) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
General Electric Company earnings: last reported Thu, 16 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 13,349 | +21.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 2,370 | +16.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
31 of 35 judged targets kept · 42 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| LEAP-1B durability kit certification | LEAP-1B durability kit certified in the first half of 2026 | Sep 2025 | We recently achieved a major milestone completing the certification for the LEAP-1B durability kit including the upgraded HPT blade | Achieved |
| Full-year adjusted EPS | $7.10 to $7.40 | Dec 2025 | we are raising our EPS guidance to a range of $7.65 to $7.85, up $0.35 at the midpoint from the high end of the prior guide | Revised Up |
| 2028 operating margin | approximately 21% | Dec 2025 | as those headwinds abate, the inherent mix advantage that we have in our business continues ... we would expect margin expansion in '28 and beyond | On Track |
4 of GENERAL ELECTRIC CO's 77 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 74 more targets are in the full ledger.
Claimed
- Overall orders were up 17% year-over-year, with both segments growing at least low double digits.
- Revenue increased 24% year-over-year, marking the fifth consecutive quarter of at least 20% growth.
- Operating profit grew 18% year-over-year, with both segments up at least high teens.
- Adjusted EPS increased 22% year-over-year to $2.02, driven by higher operating profit, lower tax rate, and reduced share count.
- Free cash flow grew 43% year-over-year to $3 billion, with net income conversion over 140%.
Qualified
- Operating profit margins decreased 130 basis points to 21.7% due to installed engine growth, investments, and inflation.
- Spare parts delinquency, representing shipments delayed by material availability constraints, grew 20% sequentially in Q2.
- Commercial Engines & Services (CES) margins were down 160 basis points to 27.3% due to installed engine growth, GE9X investments, and inflation.
- The company continues to manage three margin pressures: strong installed engine growth, LEAP services margins (still below overall CES), and GE9X initial unit losses expected to peak by 2028.
- Departures were roughly flat in the first half, though a gradual return to modest growth is expected in the second half.
Price
$311.28 −0.81% · −$2.55
Performance +3.7% 1Y
1Y: $300.14 on 17 Oct 2025 → $311.28. High $381.22 (5 Aug 2026), low $273.25 (30 Mar 2026).
- Previous close
- $313.83
- 52-week range
- $273.25 – $381.22
- One year
- +2.84%
Overview
- Symbol
- GE
- Sector
- Industrials
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
31 of 35 judged targets kept · 42 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| LEAP-1B durability kit certification | LEAP-1B durability kit certified in the first half of 2026 | Sep 2025 | We recently achieved a major milestone completing the certification for the LEAP-1B durability kit including the upgraded HPT blade | Achieved |
| Full-year adjusted EPS | $7.10 to $7.40 | Dec 2025 | we are raising our EPS guidance to a range of $7.65 to $7.85, up $0.35 at the midpoint from the high end of the prior guide | Revised Up |
| 2028 operating margin | approximately 21% | Dec 2025 | as those headwinds abate, the inherent mix advantage that we have in our business continues ... we would expect margin expansion in '28 and beyond | On Track |
Claimed
- Overall orders were up 17% year-over-year, with both segments growing at least low double digits.
- Revenue increased 24% year-over-year, marking the fifth consecutive quarter of at least 20% growth.
- Operating profit grew 18% year-over-year, with both segments up at least high teens.
- Adjusted EPS increased 22% year-over-year to $2.02, driven by higher operating profit, lower tax rate, and reduced share count.
- Free cash flow grew 43% year-over-year to $3 billion, with net income conversion over 140%.
Qualified
- Operating profit margins decreased 130 basis points to 21.7% due to installed engine growth, investments, and inflation.
- Spare parts delinquency, representing shipments delayed by material availability constraints, grew 20% sequentially in Q2.
- Commercial Engines & Services (CES) margins were down 160 basis points to 27.3% due to installed engine growth, GE9X investments, and inflation.
- The company continues to manage three margin pressures: strong installed engine growth, LEAP services margins (still below overall CES), and GE9X initial unit losses expected to peak by 2028.
- Departures were roughly flat in the first half, though a gradual return to modest growth is expected in the second half.
The full ledger
Open GENERAL ELECTRIC CO’s full ledger
A free account opens 5 company ledgers a month. All 77 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — Apr 21, 2026
General Electric Company Q1 FY26 — Strong Start Despite Macro Headwinds, Full-Year Guidance Maintained
Read the full callEvery analysed call
General Electric Company earnings calls (GE)
Financials
What the filings say
Net profit, year on year: +17% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 9,842 | 10,812 | 9,935 | 11,023 | 12,181 | 12,716 | 12,392 | 13,349 |
| Expenses | 8,970 | 8,818 | 7,992 | 8,932 | 9,951 | 10,467 | 10,178 | 10,860 |
| Other income | 1,021 | 299 | 302 | 298 | 285 | 602 | -16 | 313 |
| Profit before tax | 1,893 | 2,293 | 2,245 | 2,389 | 2,515 | 2,851 | 2,198 | 2,801 |
| Tax rate | 10.5% | 17.2% | 12.6% | 16.2% | 13.7% | 13.7% | 11.5% | 14.5% |
| Net profit | 1,852 | 1,899 | 1,978 | 2,028 | 2,157 | 2,541 | 1,904 | 2,370 |
| EPS ($ per share) | 1.71 | 1.76 | 1.85 | 1.91 | 2.04 | — | 1.82 | 2.28 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 702 | 702 | 702 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 93,109 | 87,732 | 92,247 | 85,110 | 82,983 | 86,553 | 80,488 | 87,663 |
| Total liabilities | 259,591 | 235,316 | 219,138 | 157,262 | 153,938 | 144,695 | 103,576 | 111,271 |
| Fixed assets | 43,611 | 45,879 | 44,662 | — | — | — | — | — |
| Total assets | 311,072 | 265,177 | 256,211 | 198,874 | 188,851 | 173,300 | 123,140 | 130,169 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 4,978 | 8,734 | 3,568 | 3,481 | 5,917 | 5,189 | 4,710 | 8,537 |
| Cash from investing | 18,280 | 8,977 | 16,671 | 21,379 | 2,270 | 3,967 | -1,666 | -1,153 |
| Cash from financing | -31,806 | -16,133 | -19,852 | -45,397 | -5,585 | -8,613 | -6,726 | -8,682 |
| Net cash flow | -9,176 | 1,529 | 531 | -20,750 | 2,232 | 664 | -3,875 | -1,097 |
| Capital expenditure | -6,627 | -2,216 | -1,579 | -1,250 | -1,371 | -862 | -1,032 | -1,273 |
| Free cash flow | -1,649 | 6,518 | 1,989 | 2,231 | 4,546 | 4,327 | 3,678 | 7,264 |
GE revenue by segment
| Segment | Q2 FY2024 | Q3 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Commercial Engines and Services Reportable | 67% | 71% | 70% | 72% | 73% | 74% | 72% | 73% | +21.8% |
| Defense and Propulsion Technologies Reportable | 26% | 23% | 23% | 23% | 23% | 9% | 26% | 26% | +34.3% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
GE operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Employees | 57KOur responsibility or 57,000 employees take seriously.Source: earnings call transcript | 57KOur 57,000 employees remain committed to our purpose, inventing the future of flight, lifting people up and bringing them home safely.Source: earnings call transcript | 0% |
| Backlog Commercial Services | $170B+Our Commercial Services business is supported by a robust backlog of over $170 billion up nearly $30 million since the end of '24, providing visibility into multiyear demand and supporting our continued growth.Source: earnings call transcript | ~$170BCommercial Services backlog stands at roughly $170 billion, up nearly $30 billion since the end of 2024.Source: earnings call transcript | — |
| Backlog | $210B+With Flight Deck, our over $210 billion backlog and the actions underway, we're well positioned to manage near-term uncertainty and deliver value.Source: earnings call transcript | $210B+We remain focused on advancing what matters most to our customers, delivering on robust demand and our backlog of over $210 billion while investing in both current and next-gen technologies to improve time on wing and cost of ownership.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
79 filings between Nov 19, 2025 and Aug 11, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$21.27M
15 sales by 5 insiders
Compensation
not trading decisions- 16
- Award — granted as compensation
- 24
- Option exercise — converted options into shares
- 24
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Stokes Russell | — | $11.69M | Jan 30, 2026 |
| Giglietti Robert M. | — | $4.72M | Aug 11, 2026 |
| Ali Mohamed | — | $2.86M | Jul 24, 2026 |
| Gowder Amy L | — | $1.22M | Feb 2, 2026 |
| Procacci Riccardo | — | $775.9K | Jul 23, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 11, 2026 | Giglietti Robert M. Vice President | Option exercise | 10,242 | $375.4K |
| Aug 11, 2026 | Giglietti Robert M. Vice President | Sale | 4,898 | $1.81M |
| Aug 11, 2026 | Giglietti Robert M. Vice President | Sale | 5,344 | $1.98M |
| Jul 24, 2026 | Ali Mohamed Senior Vice President | Option exercise | 3,035 | $273.2K |
| Jul 24, 2026 | Ali Mohamed Senior Vice President | Sale | 1,769 | $625.8K |
| Jul 24, 2026 | Ali Mohamed Senior Vice President | Sale | 1,266 | $447.8K |
| Jul 24, 2026 | Ali Mohamed Senior Vice President | Sale | 2,782 | $984.0K |
| Jul 24, 2026 | Ali Mohamed Senior Vice President | Option exercise | 5,061 | $352.0K |
| Jul 24, 2026 | Ali Mohamed Senior Vice President | Sale | 2,279 | $805.9K |
| Jul 23, 2026 | Procacci Riccardo Senior Vice President | Sale | 491 | $170.8K |
| Jul 23, 2026 | Procacci Riccardo Senior Vice President | Sale | 1,026 | $357.0K |
| Jul 23, 2026 | Procacci Riccardo Senior Vice President | Option exercise | 1,517 | $222.0K |
| Jun 24, 2026 | Althoff Judson Director | Award | 517 | $0 |
| May 5, 2026 | Enders Thomas Director | Award | 678 | $0 |
| May 5, 2026 | BUSH WESLEY G Director | Award | 678 | $0 |
| May 5, 2026 | McDew Darren W Director | Award | 678 | $0 |
| May 5, 2026 | HORTON THOMAS W Director | Award | 678 | $0 |
| May 5, 2026 | Bazin Sebastien Director | Award | 678 | $0 |
| May 5, 2026 | Goren Isabella D Director | Award | 678 | $0 |
| May 5, 2026 | Billson Margaret S Director | Award | 678 | $0 |
| May 5, 2026 | LESJAK CATHERINE A Director | Award | 678 | $0 |
| May 1, 2026 | Meisner Christian Senior Vice President | Option exercise | 2,255 | $0 |
| May 1, 2026 | Giglietti Robert M. Vice President | Tax withheld | 1,120 | $320.9K |
| May 1, 2026 | Giglietti Robert M. Vice President | Option exercise | 2,416 | $0 |
| May 1, 2026 | Giglietti Robert M. Vice President | Tax withheld | 359 | $102.9K |
| May 1, 2026 | Giglietti Robert M. Vice President | Option exercise | 773 | $0 |
| May 1, 2026 | Gowder Amy L Senior Vice President | Option exercise | 966 | $0 |
| May 1, 2026 | Gowder Amy L Senior Vice President | Tax withheld | 426 | $122.1K |
| May 1, 2026 | Phillips John R, III Senior Vice President | Option exercise | 2,255 | $0 |
| May 1, 2026 | Meisner Christian Senior Vice President | Tax withheld | 1,045 | $299.4K |
| May 1, 2026 | Ali Mohamed Senior Vice President | Tax withheld | 558 | $159.9K |
| May 1, 2026 | GHAI RAHUL Senior Vice President | Tax withheld | 1,422 | $407.4K |
| May 1, 2026 | Procacci Riccardo Senior Vice President | Tax withheld | 416 | $119.2K |
| May 1, 2026 | Procacci Riccardo Senior Vice President | Option exercise | 966 | $0 |
| May 1, 2026 | Phillips John R, III Senior Vice President | Tax withheld | 1,109 | $317.7K |
| May 1, 2026 | GHAI RAHUL Senior Vice President | Option exercise | 3,067 | $0 |
| May 1, 2026 | Ali Mohamed Senior Vice President | Option exercise | 1,288 | $0 |
| Mar 3, 2026 | CULP H LAWRENCE JR Chairman and CEO | Tax withheld | 6,234 | $2.08M |
| Mar 3, 2026 | CULP H LAWRENCE JR Chairman and CEO | Option exercise | 14,872 | $0 |
| Mar 1, 2026 | Gowder Amy L Senior Vice President | Tax withheld | 3,987 | $1.36M |
| Mar 1, 2026 | Gowder Amy L Senior Vice President | Award | 9,051 | $0 |
| Mar 1, 2026 | GHAI RAHUL Senior Vice President | Tax withheld | 6,667 | $2.28M |
| Mar 1, 2026 | GHAI RAHUL Senior Vice President | Option exercise | 14,386 | $0 |
| Mar 1, 2026 | GHAI RAHUL Senior Vice President | Tax withheld | 20,536 | $7.03M |
| Mar 1, 2026 | GHAI RAHUL Senior Vice President | Award | 45,255 | $0 |
| Mar 1, 2026 | CULP H LAWRENCE JR Chairman and CEO | Tax withheld | 169,539 | $58.03M |
| Mar 1, 2026 | CULP H LAWRENCE JR Chairman and CEO | Award | 401,646 | $0 |
| Mar 1, 2026 | Procacci Riccardo Senior Vice President | Option exercise | 2,877 | $0 |
| Mar 1, 2026 | Procacci Riccardo Senior Vice President | Tax withheld | 6,599 | $2.26M |
| Mar 1, 2026 | Procacci Riccardo Senior Vice President | Tax withheld | 1,238 | $423.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for GENERAL ELECTRIC CO
Free account. Everything above stays public.
Write why you follow GENERAL ELECTRIC CO and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other companies in Industrials
Nearest to General Electric Company by market cap among the sector's top 20 companies at Q2 2026.