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    GE Aerospace (GE)

    Q2 2025 Earnings Summary

    Reported on Jul 17, 2025 (Before Market Open)
    Pre-Earnings Price$266.18Last close (Jul 16, 2025)
    Post-Earnings Price$269.80Open (Jul 17, 2025)
    Price Change
    $3.62(+1.36%)
    MetricYoY ChangeReason

    Total Revenue

    +21% ( )

    Total Revenue increased to $11,023 million from $9,094 million, driven by higher pricing and volume across multiple segments. This growth builds on the strong momentum seen in previous periods, where robust performance in GE Aerospace and other segments laid the groundwork for further revenue expansion, indicating favorable market demand and effective pricing strategies.

    Commercial Engines & Services

    +30% ( )

    Commercial Engines & Services revenue surged to $7,990 million following a +30% YoY increase, attributed to a substantial boost in spare parts and services revenue as well as improved customer mix and pricing. This builds on earlier results—where Q1 2025 saw a 14% increase—and reflects an acceleration of trends such as higher equipment pricing and strong orders, despite supply chain challenges noted in previous periods.

    Defense Segment Revenue

    +6.7% ( )

    Defense segment revenue increased to $2,563 million from $2,401 million, a modest rebound after Q1 fluctuations (an 18% increase in Q1 2024 versus only 1% in Q1 2025). The improvement in Q2 2025 is driven by renewed pricing efforts and enhanced services volume, reflecting stabilization in a segment that had earlier benefited from strong defense engine deliveries and pricing improvements.

    Corporate Revenue

    +55% ( )

    Corporate revenue climbed to $872 million from $561 million, predominantly because of higher run-off insurance operations revenue and lower intercompany eliminations. This significant jump contrasts with the relative flat performance in Q1 2024 and modest gains in Q1 2025, underscoring the impact of focused corporate restructuring and operational adjustments that are expected to yield further margin improvements going forward.

    MetricPeriodPrevious GuidanceCurrent GuidanceChange

    Revenue Growth

    FY 2025

    Expected low double-digit growth

    Expected to be in the mid-teens, up from low double digits

    raised

    Total Operating Profit

    FY 2025

    Projected between $7.8 billion to $8.2 billion

    Expected to be in the range of $8.2 billion to $8.5 billion

    raised

    EPS

    FY 2025

    Estimated between $5.10 to $5.45

    Expected to be $5.6 to $5.8

    raised

    Free Cash Flow

    FY 2025

    Forecasted between $6.3 billion to $6.8 billion

    Expected to be in the range of $6.5 billion to $6.9 billion

    raised

    Tariffs Impact

    FY 2025

    Approximately $500 million in costs due to tariffs

    Expected net impact of tariffs to be roughly $500 million

    no change

    Commercial Services Revenue Growth

    FY 2025

    no prior guidance

    Increased expectations to high teens

    no prior guidance

    Commercial Equipment Revenue Growth

    FY 2025

    no prior guidance

    Expected to be high teens to 20%

    no prior guidance

    Total CES Revenue Growth

    FY 2025

    no prior guidance

    Expected to be high teens

    no prior guidance

    DPT Revenue Growth

    FY 2025

    no prior guidance

    Expectations unchanged from mid- to high single-digit growth

    no prior guidance

    Free Cash Flow Conversion

    FY 2025

    no prior guidance

    Expected to remain solidly above 100%

    no prior guidance

    MetricPeriodGuidanceActualPerformance
    Revenue Growth
    Q2 2025 (YoY)
    Low double-digit growth
    21% increase from $9,094To $11,023
    Beat
    Services Growth
    Q2 2025 (YoY)
    Low double-digit to mid-teens growth
    30% increase from $6,132To $7,990
    Beat