GE Q1 2026 Earnings Report — GE Aerospace Revenue & Financial Results | Market Cap Arena

Q1 2026 Earnings

Reported April 21, 2026NEW

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2026	Q4 2025	Q1 2025	QoQ Change	YoY Change
Revenue	$12.4B	—	$9.9B	—	24.7%
Op. Income	$1.7B	—	$2.0B	—	-15.2%
Gross Margin	31.0%	—	39.7%	—	-8.6pp
Net Margin	15.6%	—	19.9%	—	-4.3pp
EPS (Diluted)	$1.81	—	$1.83	—	-1.1%
Free Cash Flow	$1.5B	—	$1.3B	—	15.7%

Revenue Flow

Item	Amount
REVENUE	$12.4B
Cost of Revenue	$8.5B
GROSS PROFIT	$3.8B
R&D Expenses	$440M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.1B
Other Expenses	$624M
Operating Expenses	$2.1B
Cost & Expenses	$10.7B
OPERATING INCOME	$1.7B
Interest Income	$0
Interest Expense	$230M
Other Income/Expenses	$498M
INCOME BEFORE TAX	$2.2B
Income Tax Expense	$252M
Net Income from Continuing Ops	$1.9B
Net Income from Discontinued Ops	-$26M
Other Adjustments	$0
NET INCOME	$1.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.9B
D&A	$0
EBIT	$1.7B
EBITDA	$1.7B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$12.4B
Cost of Revenue	$8.5B
GROSS PROFIT	$3.8B
R&D Expenses	$440M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.1B
Other Expenses	$624M
Operating Expenses	$2.1B
Cost & Expenses	$10.7B
OPERATING INCOME	$1.7B
Interest Income	$0
Interest Expense	$230M
Other Income/Expenses	$498M
INCOME BEFORE TAX	$2.2B
Income Tax Expense	$252M
Net Income from Continuing Ops	$1.9B
Net Income from Discontinued Ops	-$26M
Other Adjustments	$0
NET INCOME	$1.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.9B
D&A	$0
EBIT	$1.7B
EBITDA	$1.7B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.9B
Depreciation & Amortization	$312M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$866M
Change in Working Capital	$457M
OPERATING CASH FLOW	$1.8B
Capital Expenditure	-$318M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	-$351M
Other Investing Activities	-$250M
NET CASH FROM INVESTING	-$919M
Net Debt Issuance	-$60M
Common Stock Repurchased	-$2.4B
Common Dividends Paid	-$381M
Other Financing Activities	$9M
NET CASH FROM FINANCING	-$2.8B
FREE CASH FLOW	$1.5B
Net Change in Cash	-$2.0B

Balance Sheet

Item	Amount
Cash & Equivalents	$11.0B
Short-Term Investments	$38.2B
Net Receivables	$15.9B
Inventory	$12.4B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$77.4B
PP&E (Net)	$8.0B
Goodwill	$9.0B
Intangible Assets	$4.2B
Long-Term Investments	$38.2B
Tax Assets	$0
Other Non-Current Assets	-$38.2B
TOTAL NON-CURRENT ASSETS	$21.1B
TOTAL ASSETS	$128.4B
Account Payables	$10.7B
Short-Term Debt	$2.4B
Deferred Revenue	$10.2B
Other Current Liabilities	$16.8B
TOTAL CURRENT LIABILITIES	$40.0B
Long-Term Debt	$18.2B
Deferred Revenue NC	$1.1B
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$50.9B
TOTAL NON-CURRENT LIABILITIES	$70.1B
TOTAL LIABILITIES	$110.1B
Common Stock	$15M
Additional Paid-In Capital	$0
Retained Earnings	$89.1B
Treasury Stock	-$89.7B
Accum. Other Comp. Income	-$4.5B
Other Equity	$23.1B
TOTAL STOCKHOLDERS' EQUITY	$18.1B
Minority Interest	$240M
TOTAL EQUITY	$18.3B
TOTAL LIABILITIES & EQUITY	$128.4B
Total Debt	$21.3B
Net Debt	$10.3B