NYSE$GE

General Electric Co · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

GE Aerospace reported Q2 2025 revenue of $11.0B with operating profit growth and strong commercial engine deliveries.

Second-quarter revenue was approximately $11.0 billion as GE Aerospace benefited from LEAP and GE9X engine shipments, services growth, and defense engine demand. Profitability improved on mix and productivity while the company returned capital via dividends and repurchases.

  • Q2 revenue about $11.0B; commercial services and OE engines drive mix.
  • LEAP/GE9X ramp supports multiyear aftermarket annuity.
  • Defense propulsion and systems add backlog visibility.
  • Supply constraints and tariff dynamics remain margin variables.

Headline financials

Total Revenue

$11B

Previous: $9.09B+21.2%
EPS (adj)

$1.90

Previous: $1.15+65.2%
Capital Expenditures

-$327M

Previous: -$78M-319.2%
Free Cash Flow

$2.03B

Previous: $1.27B+60.2%
Net Income

$2.03B

Previous: $1.27B+60.2%
Operating Income

$9.52B

Previous: $7.69B+23.8%
Gross Profit

$11B

Previous: $9.09B+21.2%
Total Assets

$125B

Previous: $123B+1.7%
R&D Expense

$359M

Previous: $300M+19.7%

Revenue & EPS history

GE · Revenue · Quarterly

$11B

Q2 2025+21.2%vs Q2 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

GE · $8.66B total across 2 segments · Q3 2023

  • Commercial Engines & Services
    $6.46B
  • Defense & Propulsion Tech
    $2.21B

Forward guidance

The filing discusses GE Aerospace's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed in MD&A.

Tailwinds

  • Aerospace and semiconductor demand support multiyear backlog visibility.
  • GE Aerospace cites execution and demand supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.
  • Supply-chain bottlenecks and export rules can delay revenue recognition.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.1%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+2.2%

Avg return

30 days after

52%

38 / 73 earnings

Positive

+12.0%

Q4 2018

Best reaction

-13.0%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.9%-6.3%-0.9%
Q4 2025-6.9%-6.6%+7.8%
Q3 2025-0.2%+0.4%-4.0%
Q2 2025+0.3%-1.1%+4.8%
Q1 2025+6.1%+11.3%+29.1%
Q4 2024+6.6%+3.2%+6.1%
Q3 2024-6.5%-7.8%-8.0%
Q2 2024-0.3%+4.3%+4.3%
Q1 2024+6.0%+8.1%+10.0%
Q4 2023-1.0%-0.0%+15.6%
Q3 2023+4.2%-0.3%+12.1%
Q2 2023+4.0%+3.8%+0.7%
Q1 2023-3.9%-1.2%+1.4%
Q4 2022+1.3%+10.4%+11.2%
Q3 2022+2.8%+6.8%+19.8%
Q2 2022+4.7%+8.1%+14.3%
Q1 2022-13.0%-17.1%-14.3%
Q4 2021-7.8%-5.0%-4.5%
Q3 2021-1.4%-0.4%-2.9%
Q2 2021+1.6%+0.2%+0.0%
Q1 2021-2.7%-3.3%+5.7%
Q4 2020+3.5%-2.8%+16.1%
Q3 2020+3.8%+5.9%+46.5%
Q2 2020-9.1%-11.3%-4.1%
Q1 2020+0.0%-8.7%-3.4%
Q4 2019+8.5%+4.5%-7.2%
Q3 2019+10.0%+20.5%+24.3%
Q2 2019-4.2%-8.2%-21.6%
Q1 2019+3.8%+7.9%-2.7%
Q4 2018+12.0%+16.8%+17.4%
Q3 2018-9.5%-16.8%-28.9%
Q2 2018-5.4%-4.5%-10.4%
Q1 2018+3.8%+0.4%+7.0%
Q4 2017-4.2%-3.6%-14.2%
Q3 2017-5.3%-8.8%-22.8%
Q2 2017-4.7%-4.1%-8.0%
Q1 2017-2.4%-3.3%-7.3%
Q4 2016-4.7%-2.7%-2.7%
Q3 2016-0.5%-0.7%+5.5%
Q2 2016-2.9%-4.0%-4.1%
Q1 2016-1.0%
Q4 2015-1.9%
Q3 2015+3.4%
Q2 2015+0.4%
Q1 2015-1.0%
Q4 2014+1.3%
Q3 2014+3.2%
Q2 2014-2.4%
Q1 2014+1.8%
Q4 2013-3.3%
Q3 2013+5.9%
Q2 2013+5.2%
Q1 2013-5.8%
Q4 2012+3.3%
Q3 2012-4.9%
Q2 2012+1.5%
Q1 2012-0.2%
Q4 2011-1.2%
Q3 2008-3.3%
Q3 2011-3.3%
Q2 2011-0.8%
Q1 2011+1.1%
Q4 2010+1.6%
Q4 2007+1.6%
Q3 2010+3.6%
Q2 2010+1.7%
Q1 2009+4.2%
Q1 2010+4.2%
Q4 2009+0.1%
Q3 2009+0.4%
Q2 2008+3.1%
Q2 2009+3.1%
Q4 2008+3.1%

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