Key Points – GE Aerospace posted strong Q2 2026 results, with orders up 17%, revenue up 24%, EPS up 22% and free cash flow up 43%, then raised its full-year outlook across revenue, profit, EPS and cash flow. – Commercial services were a major growth driver, with services orders…
22% and the segment backlog reaching about $170 billion, giving the company visibility into continued demand even as some supply constraints remain. – The company also highlighted operational gains and defense momentum, including faster production and turnaround times, LEAP durability improvements, and a Defense and Propulsion Technologies backlog above $30 billion after new engine program wins. – Power Struggle: Wolfspeed Sues Navitas Over AI Chips GE Aerospace (NYSE:GE) reported double-digit growth across key second-quarter 2026 metrics and raised its full-year outlook, citing strong commercial services demand, improved operating execution and a backlog that management said provides visibility into the rest of the year. Chairman and CEO Larry Culp opened the call by saying CFM International is supporting Ryanair in the investigation into Flight 1879. “Safety is our top priority at all times,” Culp said, adding that the company’s thoughts are with the passengers, pilots and crew on board. – MarketBeat Week in Review – 07/06 – 07/10 For the second quarter, Culp said total orders rose 17%, revenue increased 24%, operating profit grew 18%, earnings per share increased 22% and free cash flow rose 43%, with conversion above 140%
He said the results capped an “exceptional first half,” with orders up 49%, revenue up 27%, EPS up 24% and free cash flow up 31%. Commercial Services Drive Growth CFO Rahul Ghai said second-quarter operating profit was $2.7 billion, up 18%, driven by services volume and price. EPS was $2.02, up 22%, reflecting higher operating profit, a lower tax rate and a reduced share count.
Free cash flow was $3 billion, up 43%, helped by higher earnings and an approximately $200…