GENERAL ELECTRIC CO

For the three months ended September 30, 2026, total revenue increased $1.9 billion, or 16%, compared to the three months ended September 30, 2025. Equipment revenue increased, driven by increased engine deliveries and improved pricing. Services revenue increased due to growth in internal shop visit volume with heavier workscopes, higher spare parts volume and pricing.

For the nine months ended September 30, 2026, total revenue increased $6.7 billion, or 20%, compared to the nine months ended September 30, 2025. Equipment revenue increased, driven by increased engine deliveries and improved pricing. Services revenue increased due to growth in internal shop visit volume with heavier workscopes, higher spare parts volume and pricing.

For the three months ended September 30, 2026, net income from continuing operations increased $0.2 billion compared to the three months ended September 30, 2025, driven by an increase in segment profit of $0.5 billion, a decrease in Adjusted Corporate & Other operating costs* of $0.2 billion and an increase in gains (losses) on retained and sold ownership interests and other equity securities of $0.1 billion. The increase was partially offset by a decrease in Insurance profit of $0.6 billion. Adjusted net income* was $2.3 billion, an increase of $0.6 billion, due to an increase in segment profit of $0.5 billion and a decrease in Adjusted Corporate & Other operating costs* of $0.2 billion.

Profit was $2.8 billion, an increase of $0.3 billion and profit margin was 19.9%, a decrease of 80 basis points. Operating profit* was $3.0 billion, an increase of $0.7 billion and operating profit margin* was 22.5%, an increase of 220 basis points. Adjusted EPS* was $2.25, an increase of 36%.

For the nine months ended September 30, 2026, net income from continuing operations increased $0.6 billion compared to the nine months ended September 30, 2025, driven by an increase in segment profit of $1.6 billion, partially offset by decrease in Insurance profit of $0.6 billion, an increase in Adjusted Corporate & Other operating costs* of $0.1 billion, a decrease in gains (losses) on retained and sold ownership interests and other equity securities of $0.1 billion and an increase in interest and other financial charges of $0.1 billion. Adjusted net income* was $6.4 billion, an increase of $1.3 billion, due to an increase in segment profit of $1.6 billion, partially offset by an increase in Adjusted Corporate & Other operating costs* of $0.1 billion and an increase in interest and other financial charges of $0.1 billion.

Profit was $7.8 billion, an increase of $0.7 billion and profit margin was 19.6%, a decrease of 200 basis points. Operating profit* was $8.3 billion, an increase of $1.5 billion and operating profit margin* was 22.0%, a decrease of 30 basis points. Adjusted EPS* was $6.13, an increase of 28%.

Remaining performance obligation (RPO) is unfilled customer orders for products and product services (expected life of contract sales for product services) excluding any purchase order that provides the customer with the ability to cancel or terminate without incurring a substantive penalty. See Note 23 for further information.

As of September 30, 2026, RPO increased $21.5 billion, or 11%, from December 31, 2025, primarily at CES, as a result of commercial actions and increases to existing long-term service agreements, and at DPT, driven by Defense & Systems equipment orders outpacing revenue recognized.

2026 3Q FORM 10-Q 5