GE Aerospace sales soar 25% as jet engine demand hits new highs

GE Aerospace (NYSE:GE) reported a powerful start to 2026, with double-digit growth across its commercial and defense segments.

For the quarter ended March 31, 2026, total revenue reached $12.4 billion, a 25% increase over the prior year.

This growth was anchored by an 8.3% jump in services revenue, reflecting a high volume of maintenance and spare parts demand.

While GAAP net income from continuing operations remained relatively flat at $1.93 billion, the company’s adjusted metrics told a stronger story: adjusted net income rose to $2 billion, pushing adjusted EPS up 25% to $1.86.

Segment wise, the commercial engines & services segment saw revenue skyrocket 34% to $8.9 billion.

Operating profit for the division rose 23% to $2.36 billion, supported by 640 total commercial engine shipments.

Notably, 520 of these were LEAP engines, the fuel-efficient model powering the latest generation of narrowbody aircraft.

Elsewhere, the defense & propulsion technologies segement saw revenue in the defense sector rise 19% to $3.2 billion, with profit increasing 17%, driven by increased production and propulsion system deliveries for military applications.

Meanwhile, the company’s future remains heavily booked, with its Remaining Performance Obligation (RPO) expanding 11% to a staggering $211.3 billion.

This massive backlog provides significant long-term visibility into GE Aerospace's revenue stream for the coming decade.