GE Aerospace Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	42,322	35,121	31,959	26,182	53,368
Other Revenue	3,533	3,581	3,389	2,957	3,101
Revenue	45,855	38,702	35,348	29,139	56,469
Revenue Growth (YoY)	18.48%	9.49%	21.31%	-48.40%	-25.54%
Cost of Revenue	28,962	24,281	22,929	18,972	43,030
Gross Profit	14,444	11,992	9,533	7,575	11,265
Selling, General & Admin	3,381	2,949	2,277	2,786	9,653
Research & Development	1,580	1,286	1,011	808	1,682
Operating Expenses	4,961	4,235	3,288	3,594	11,335
Operating Income	9,483	7,757	6,245	3,981	-70
Interest Expense	-843	-986	-1,029	-1,339	-1,790
Interest & Investment Income	946	813	637	466	585
Earnings From Equity Investments	216	173	169	70	-123
Other Non Operating Income (Expenses)	289	235	-301	-121	1,292
EBT Excluding Unusual Items	10,091	7,992	5,721	3,057	-106
Merger & Restructuring Charges	-118	-1,038	-952	-1,156	-663
Impairment of Goodwill	-	-251	-	-	-
Gain (Loss) on Sale of Investments	21	518	5,778	47	1,649
Gain (Loss) on Sale of Assets	-	347	-	-	-170
Other Unusual Items	6	52	-105	-427	-6,406
Pretax Income	10,000	7,620	10,442	1,521	-5,696
Income Tax Expense	1,405	962	994	169	-757
Earnings From Continuing Operations	8,595	6,658	9,448	1,352	-4,939
Earnings From Discontinued Operations	103	-91	-3	-949	-1,469
Net Income to Company	8,698	6,567	9,445	403	-6,408
Minority Interest in Earnings	6	-11	37	-67	71
Net Income	8,704	6,556	9,482	336	-6,337
Preferred Dividends & Other Adjustments	-	-	295	285	246
Net Income to Common	8,704	6,556	9,187	51	-6,583
Net Income Growth	32.76%	-30.86%	2722.02%	-	-
Shares Outstanding (Basic)	1,061	1,085	1,089	1,096	1,098
Shares Outstanding (Diluted)	1,068	1,094	1,099	1,101	1,098
Shares Change (YoY)	-2.38%	-0.46%	-0.18%	0.27%	0.27%
EPS (Basic)	8.20	6.04	8.44	0.05	-6.00
EPS (Diluted)	8.15	5.99	8.36	0.05	-6.00
EPS Growth	36.01%	-28.35%	16620.00%	-	-
Free Cash Flow	7,264	3,678	4,327	5,255	2,368
Free Cash Flow Per Share	6.80	3.36	3.94	4.77	2.16
Dividend Per Share	1.440	1.120	0.320	0.320	0.320
Dividend Growth	28.57%	250.00%	-	-	-
Gross Margin	31.50%	30.99%	26.97%	26.00%	19.95%
Operating Margin	20.68%	20.04%	17.67%	13.66%	-0.12%
Profit Margin	18.98%	16.94%	25.99%	0.18%	-11.66%
Free Cash Flow Margin	15.84%	9.50%	12.24%	18.03%	4.19%
EBITDA	10,703	8,941	7,424	5,165	2,290
EBITDA Margin	23.34%	23.10%	21.00%	17.72%	4.06%
D&A For EBITDA	1,220	1,184	1,179	1,184	2,360
EBIT	9,483	7,757	6,245	3,981	-70
EBIT Margin	20.68%	20.04%	17.67%	13.66%	-0.12%
Effective Tax Rate	14.05%	12.63%	9.52%	11.11%	-
Revenue as Reported	45,855	38,702	35,348	29,139	56,469

Updated Jan 22, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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