GE Aerospace (NYSE:GE) reported fourth-quarter results on Thursday that came in ahead of market expectations on both earnings and revenue.
Adjusted earnings per share for the quarter reached $1.57, comfortably above analysts’ forecasts of $1.43. Revenue totalled $11.87 billion, also beating the consensus estimate of $11.2 billion. Compared with the same period a year earlier, the results reflected a 19% rise in adjusted EPS and a 20% increase in adjusted revenue.
The stronger-than-expected figures, alongside upbeat guidance, pushed the company’s shares up 2.2% in early trading.
For the full year 2025, GE Aerospace posted adjusted EPS of $6.37, representing 38% year-on-year growth, while adjusted revenue climbed 21% to $42.3 billion. Free cash flow increased 24% to $7.7 billion, with conversion running above 100%.
“With a strong fourth quarter, GE Aerospace delivered an outstanding year as revenue grew 21%, EPS was up 38%, and free cash flow conversion exceeded 100%,” said Chairman and CEO H. Lawrence Culp Jr.. “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.”
Order intake in the fourth quarter reached $27 billion, up 74% from a year earlier, further expanding the group’s already substantial backlog and underpinning its growth outlook.
Looking ahead, the company issued fiscal 2026 earnings guidance of $7.10 to $7.40 per share. The midpoint of $7.25 sits above the current analyst consensus of $7.12. Management pointed to strong momentum across both commercial and defence activities, noting that commercial engine deliveries rose 25% in 2025, including a 28% jump in record LEAP deliveries, while defence deliveries increased by 30%.