Q3 25 EPS
$1.66
BEAT +13.01%
Est. $1.47
Q3 25 Revenue
$12.18B
BEAT +17.04%
Est. $10.41B
vs S&P Since Q3 25
-13.2%
TRAILING MARKET
GE -5.8% vs S&P +7.4%
Market Reaction
Did GE Beat Earnings? Q3 2025 Results
GE Aerospace delivered a blowout third quarter, posting adjusted earnings per share of $1.66, beating the $1.47 consensus estimate by 13.01%, while revenue of $12.18 billion topped expectations by 17.04% and grew 23.8% year over year. The standout pe… Read more GE Aerospace delivered a blowout third quarter, posting adjusted earnings per share of $1.66, beating the $1.47 consensus estimate by 13.01%, while revenue of $12.18 billion topped expectations by 17.04% and grew 23.8% year over year. The standout performance was fueled primarily by record LEAP engine deliveries, which climbed 40% year over year, alongside total commercial engine deliveries rising 33% and defense deliveries surging 83%, collectively powering the Commercial Engines and Services segment to $8.88 billion in revenue and margins expanding 170 basis points to 27.4%. Free cash flow of $2.36 billion grew 30%, representing 134% conversion. The strong operational execution prompted management to raise full-year 2025 guidance across every key metric, with adjusted EPS now expected at $6.00 to $6.20, up from a prior range of $5.60 to $5.80, and free cash flow guided to $7.10 to $7.30 billion. The results stand in contrast to pressures seen elsewhere in the broader industrial sector, where tariff headwinds have weighed on peer profitability.
Key Takeaways
- • Services revenue growth of 28% in CES, with internal shop visit revenue up 33% and spare parts up over 25%
- • Record LEAP deliveries up 40% year-over-year; total commercial engine deliveries up 33%
- • Defense deliveries up 83% year-over-year
- • Material input from priority suppliers increased more than 35% year-over-year
- • Favorable pricing across both segments
- • FLIGHT DECK lean operating model driving continuous operational improvement
GE YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
GE Revenue by Segment
With YoY comparisons, source: SEC Filings
“GE Aerospace delivered an exceptional quarter with revenue up 26%, EPS up 44%, and more than 130% free cash flow conversion. Given the strength of our year-to-date results and our expectations for the fourth quarter, we're raising our full-year guidance across the board.”
— H. Lawrence Culp, Jr., Q3 2025 Earnings Press Release
GE Earnings Trends
GE vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
GE EPS Trend
Earnings per share: estimate vs actual
GE Revenue Trend
Quarterly revenue: estimate vs actual
GE Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $1.86 | — | $12.39B | +15.66% |
| Q4 25 BEAT FY | $1.31 | $1.57 | +19.85% | $12.72B | +48.76% |
| FY Full Year | $6.24 | $6.37 | +2.16% | $45.86B | +9.90% |
| Q3 25 BEAT | $1.47 | $1.66 | +13.01% | $12.18B | +17.04% |
| Q2 25 BEAT | $1.40 | $1.66 | +18.56% | $11.02B | +15.97% |
| Q1 25 BEAT | $1.27 | $1.49 | +17.33% | $9.94B | +9.81% |