GE Aerospace announces fourth quarter and full year 2025 results
Strong fourth quarter to close 2025, momentum continuing into 2026
Full year 2025:
- Total orders of $66.2B, +32 per cent;
- Total revenue (GAAP) of $45.9B, +18 per cent; adjusted revenue* $42.3B, +21 per cent;
- Profit (GAAP) of $10.0B, +31 per cent; operating profit* $9.1B, +25 per cent;
- Profit Margin (GAAP) of 21.8 per cent, +210 bps; operating profit margin* 21.4 per cent, +70 bps;
Fourth Quarter 2025:
- Total orders of $27.0B, +74 per cent;
- Total revenue (GAAP) of $12.7B, +18 per cent; adjusted revenue* $11.9B, +20 per cent;
- Profit (GAAP) of $2.9B, +24 per cent; operating profit* $2.3B, +14 per cent;
- Profit Margin (GAAP) of 22.4 per cent, +120 bps; operating profit margin* 19.2 per cent, (90) bps;
GE Aerospace announced results today for the fourth quarter and full year ending December 31, 2025.
GE Aerospace Chairman and CEO H. Lawrence Culp, Jr., said, "With a strong fourth quarter, GE Aerospace delivered an outstanding year as revenue grew 21 per cent, EPS was up 38 per cent, and free cash flow conversion exceeded 100 per cent. Our performance demonstrates how FLIGHT DECK is taking hold as we accelerated services and equipment output to fulfill our growing backlog of roughly $190 billion."
Culp continued, "We enter 2026 with solid momentum to build upon these results and are well positioned to create greater value for our customers. This supports another year of substantial EPS and cash growth, and I'm confident our team will deliver."
Recent highlights include:
- Expanded Commercial Engines & Services (CES) to include Technology & Operations (T&O) and be led by Mohamed Ali. Created Commercial Sales & Customer Experience, led by Jason Tonich, elevating customer driven focus.
- Increased material input from priority suppliers more than 40 per cent year-over-year in 2025. This contributed to full year CES services revenue up 26 per cent and engine deliveries increasing 25 per cent year-over-year, including record LEAP deliveries up 28 per cent. Full-year Defense deliveries were up 30 per cent year-over-year.
- Received over 500 engine wins at the Dubai Airshow including commitments from Riyadh Air for 120 LEAP-1A engines and flydubai for 60 GEnx engines. Also, progressed future of flight technologies by launching the company's first ground tests of a hybrid electric demonstrator.
- Investing more than $1 billion across global Maintenance, Repair and Overhaul (MRO) network, including half billion dollar investment for LEAP capacity in Brazil, Malaysia, Dubai, Dallas and other sites.
- Renewed agreement between CFM International and International Air Transport Association (IATA), which affirms CFM's commitment to an open aftermarket for CFM56 and LEAP.
- Secured a new order with Hindustan Aeronautics for 113 F404 engines, successfully completed altitude testing of the GEK800 engine to power affordable unmanned platforms and Collaborative Combat Aircraft, and announced a collaboration with Shield AI to power next-gen autonomous systems with the F110.
Total Company Results & Guidance
| Dollars in millions; per-share amounts in dollars, diluted | Three Months Ended December 31 | Twelve months ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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GE Aerospace Full-Year 2026 Guidance
For 2026, the company is initiating total company guidance to include:
| 2025 | 2026 Guide |
| Adjusted Revenue* Growth Adjusted Revenue* |
+21% $42.3B |
+ LDD |
| Operating Profit* Operating profit margin* |
$9.1B 21.4% |
$9.85B - $10.25B |
| Adjusted EPS* | $6.37 | $7.10 - $7.40 |
| Free Cash Flow* FCF* conversion-a) |
$7.7B 113% |
$8.0B - $8.4B >100% |
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