GE Aerospace orders rose 49 percent and it raised its 2026 earnings range to $8.00 to $8.10

Orders at GE Aerospace reached $19.0 billion in the third quarter, up 49 percent, and commercial engines and services alone booked $15.3 billion against $9.6 billion a year earlier.

The company raised its 2026 guidance on every line it reports. Adjusted earnings per share are now expected at $8.00 to $8.10, from $7.65 to $7.85, operating profit at $10.9 billion to $11.0 billion, and free cash flow at $9.1 billion to $9.4 billion.

Adjusted earnings per share for the quarter were $2.25, against $1.66. Adjusted revenue rose 18 percent to $13.3 billion and operating profit rose 30 percent to $3.0 billion, a margin of 22.5 percent. On a GAAP basis, revenue was $14.1 billion and continuing earnings per share were $2.32, from $2.04.

Cash moved the other way. Free cash flow fell 14 percent to $2.0 billion. Defense and propulsion revenue grew 7 percent to $3.5 billion.

H. Lawrence Culp, the chief executive, said he now expects commercial services revenue to grow at a low double-digit rate in 2027, citing a commercial services backlog of more than $170 billion.

The document: General Electric, Form 8-K exhibit 99, October 20, 2026.