# GE Aerospace Stock Q3 2026: Orders Up 49%, Guidance Raised
> GE Aerospace stock Q3 2026: orders up 49% to $19.0bn, adjusted revenue up 18%, a 22.5% operating margin, EPS of $2.25 and 2026 guidance raised.

Agent brief for this QSI Labs research article. Prefer this file for quick facts; use the HTML page for the full human layout, or article.md for the full text.

## Facts
- Ticker: GE
- QSILabs fair value: $163.97 USD
- Price: $301.80 (as of 2026-10-30)
- As of: Q3 2026 results (quarter ended 2026-09-30); price as of 2026-10-30 close
- Published: 2026-11-02
- Updated: 2026-11-02
- Author: QSI Labs Research
- Canonical: https://www.quantitativesuperintelligencelabs.com/research/ge-aerospace-stock-q3-2026-earnings-leap-services-backlog/

## Short answer
GE Aerospace stock Q3 2026 results, for the July to September quarter, showed demand for jet engines and engine services still running well ahead of supply. Orders rose 49% to $19.0bn, adjusted revenue rose 18% to $13.3bn, operating profit rose 30% to $3.0bn and adjusted earnings per share rose 36% to $2.25. GE Aerospace raised its 2026 guidance for the second time this year, to operating profit of $10.9-11.0bn and adjusted EPS of $8.00-8.10. Our discounted cash flow model puts GE Aerospace at $163.97 per share, about 46% below the $301.80 close on 30 October 2026. The business is excellent; the share price assumes it stays excellent, and keeps growing fast, for much longer than our model does.

## Key takeaways
- Valuation: QSILabs values GE Aerospace (NYSE: GE) at $163.97 per share as of results for the quarter ended 30 September 2026, against a $301.80 close on 30 October 2026, about 46% below the market price. Our sensitivity range is about $140-197 a share.
- Q3 2026 results: adjusted revenue was $13,285m in the quarter ended 30 September 2026, up 18% from $11,305m; operating profit was $2,988m, up 30%, a 22.5% margin against 20.3%; adjusted EPS was $2.25, up 36%, and GAAP continuing EPS $2.32, up 14%.
- Orders: total orders were $19.0bn, up 49%. Commercial Engines & Services (CES) orders rose 58% to $15.3bn and Defense & Propulsion Technologies (DPT) orders rose 18% to $4.3bn.
- Backlog: GE Aerospace's remaining performance obligation, contracted revenue not yet recognized, was $212.1bn at 30 September 2026, of which $178.7bn was services (Form 10-Q). Management puts the commercial services backlog at over $170bn.
- Guidance raised: for 2026 GE Aerospace now expects adjusted revenue growth of about 19-20%, operating profit of $10.9-11.0bn, adjusted EPS of $8.00-8.10 and free cash flow of $9.1-9.4bn, all up from July. It expects commercial services to grow at a low double-digit rate in 2027.
- Cash and returns: free cash flow was $2.0bn in the quarter, down 14%, and $6.7bn in the first nine months, up 13%. GE Aerospace bought back $6.5bn of shares and paid $1.4bn of dividends in the nine months, and agreed to buy Consolidated Precision Products (CPP) for $11.75bn.

## Full versions
- [HTML](https://www.quantitativesuperintelligencelabs.com/research/ge-aerospace-stock-q3-2026-earnings-leap-services-backlog/)
- [Markdown](https://www.quantitativesuperintelligencelabs.com/research/ge-aerospace-stock-q3-2026-earnings-leap-services-backlog/article.md)
- [PDF](https://www.quantitativesuperintelligencelabs.com/research/ge-aerospace-stock-q3-2026-earnings-leap-services-backlog/ge-aerospace-stock-q3-2026-earnings-leap-services-backlog.pdf)
- [This agent brief](https://www.quantitativesuperintelligencelabs.com/research/ge-aerospace-stock-q3-2026-earnings-leap-services-backlog/llms.txt)

Publisher: QSI Labs (Quantitative Super Intelligence Labs)
Site index: https://www.quantitativesuperintelligencelabs.com/llms.txt