GE Aerospace paints confident outlook as Q1 orders surge

(Sharecast News) - GE Aerospace reported a near-90% surge in orders over the first quarter as the jet engine and components maker said results were trending to the high-end of 2026 guidance. The Cincinnati-based outfit reported revenues of $12.4bn for the three months to 31 March, up 25% over the year before, with orders climbing 87% to $23.0bn.

Net profits fell 2% to $2.2bn, though adjusted operating profits were 18% ahead at $2.5bn.

"Our young and diverse fleet coupled with a $170 billion commercial services backlog positions us well to navigate the current operating environment," said chair and chief executive H Lawrence Culp Jr.

"With the dynamic geopolitical landscape, we're holding our full-year guidance across the board and are trending toward the high-end of the range given our strong start to the year."