GE Aerospace exceeded first-quarter 2026 expectations as commercial aviation demand intensified.
Orders surged 87% year-over-year. New orders reached $23.0 billion during the period.
The total company backlog now exceeds $210 billion. Adjusted revenue grew 29% during the quarter.
Total revenue reached $11.6 billion. Commercial services revenue rose 39%.
American, United, and Delta placed significant new engine orders. Adjusted earnings per share increased 25%.
Earnings reached $1.86 per share. Free cash flow totaled $1.7 billion.
Management expects full-year results to trend toward the high end of guidance.