GE Aerospace will report its second-quarter 2026 earnings tomorrow, July 16, before the market opens, with analysts expecting the jet-engine maker to post adjusted earnings per share of $1.86, up 12.1% from the prior year.
The company’s earnings call is scheduled for 7:30 AM EDT and comes on the heels of a blockbuster first quarter in which GE Aerospace posted orders up 87% and revenue growth of 29%, driven by robust commercial aviation demand and record defense orders.
That momentum has built a fortress balance sheet. GE Aerospace’ backlog now exceeds $210 billion, with commercial services accounting for over $170 billion of that total, according to company disclosures and industry reports. The scale of this backlog—nearly five years of revenue visibility at current run rates—underpins management’s confidence heading into the second quarter.
Analysts are watching for signs of sustained momentum in the Commercial Engines and Services segment, where spare parts orders surged 40% year-over-year between early March and mid-May 2026. GE expects mid-teens revenue growth in that unit for the full year, supported by strong air travel demand and a supply-constrained aviation market that is expected to persist through the decade.
The company’s defense business is also gaining traction. GE’s defense and propulsion unit has been bolstered by major contracts and rising military demand, contributing to the 87% order surge reported in Q1. In the first quarter alone, GE received orders for more than 650 commercial engines, including commitments from American Airlines and United.
Full-year 2026 guidance remains intact at $7.10 to $7.40 adjusted EPS, with management indicating the company is trending toward the high end of that range given the strong first-quarter performance. Free cash flow guidance of $8.0 billion to $8.4 billion also signals confidence in the company’s ability to convert earnings into cash while maintaining capital discipline.
For GE stock investors, tomorrow’s earnings release will be an opportunity to assess whether the backlog strength and defense momentum can sustain the 25% EPS growth posted in Q1 and whether management will raise its full-year outlook in light of the robust order environment.
Sources
- GE Aerospace Investor Relations — official Q1 2026 earnings release and webcast materials
- MarketBeat — Q2 2026 analyst consensus estimates and earnings date confirmation
- MSN — Q2 2026 earnings expectations and year-over-year growth projections
- Yahoo Finance — full-year 2026 guidance, free cash flow outlook, and defense business commentary
- Zacks Investment Research — commercial services revenue growth expectations and air travel demand context
- LinkedIn / AirPro News — backlog composition and spare parts order growth rates
