GE Aerospace Reports 21% Growth in 2025 and Raises Its Targets
GE Aerospace closed the year 2025 with strong results, posting a 21% increase in adjusted revenue and a 38% increase in adjusted earnings per share. The company anticipates continued momentum in 2026.
Strong Performance in the Fourth Quarter of 2025
In the fourth quarter of 2025, GE Aerospace recorded adjusted revenue of $11.9 billion, up 20% year-over-year. Adjusted earnings per share reached $1.57, exceeding forecasts of $1.43 and marking a 19% increase from the previous year. For the full year of 2025, adjusted revenue grew by 21%, while adjusted earnings per share increased by 38% to $6.37. Free cash flow rose 24% to reach $7.7 billion, with a conversion rate exceeding 100%.
Growth in Commercial Engines & Services and Defense & Propulsion Technologies
The Commercial Engines & Services segment generated revenue of $9.5 billion in the fourth quarter, up 24%. Service revenues increased by 31% during the quarter, driven by a 30% increase in revenues from internal shop visits and a growth of over 25% in spare parts revenues. The Defense & Propulsion Technologies segment saw a 13% increase in revenue, reaching $2.8 billion. The order book showed remarkable strength with a 74% growth in the fourth quarter and 32% for the full year 2025.
Projected Growth for 2026
GE Aerospace anticipates double-digit revenue growth in 2026. The company projects adjusted earnings per share to be between $7.10 and $7.40 and expects free cash flow to be between $8.0 and $8.4 billion.
