New York, January 30, 2026, 14:25 EST — Regular session
- Shares of GE Aerospace climbed roughly 3% in afternoon trading, defying the weaker trend in the broader market
- Company plans to revise segment financials before releasing first-quarter earnings, following recent adjustments
- The filing reveals a $190.6 billion backlog in performance obligations and signals increased spending to boost engine shop capacity
GE Aerospace shares climbed 2.9% to $307.46 in Friday afternoon trading, hitting a session peak of $307.50 even as the broader market dipped. The stock fluctuated between $296.00 and $307.50, closing $8.60 higher than Thursday, on roughly 3.6 million shares traded.
This shift is crucial as investors scramble to determine how much of GE Aerospace’s growth stems from aircraft manufacturers ramping up engine deliveries versus airlines extending the life of older jets and shelling out for maintenance. Changing the way the company categorizes its businesses could quickly alter these comparisons.
On Thursday, GE Aerospace released its 2025 annual report and filed its Form 10-K with the SEC. The company noted the filing doesn’t yet include the segment reorganization linked to recently announced changes. It plans to update segment financials before the first-quarter earnings report. CEO Larry Culp said “the compounding effect” of “minor, incremental changes” is now impacting operations. (GE Aerospace)
GE Aerospace’s 10-K revealed its remaining performance obligation — which combines unfilled equipment orders and projected revenue from long-term service contracts — climbed 11% to $190.6 billion as of Dec. 31, 2025. The company plans to pour $1 billion into boosting maintenance, repair, and overhaul (MRO) capacity, with $500 million earmarked to ramp up LEAP engine shop output. It also announced its annual shareholder meeting set for May 5. (GE Aerospace)
Traders are tracking two immediate factors: how the restated segment numbers shape up after the company reshuffles its divisions, and if supply chain improvements can sustain higher deliveries without overloading service shops. Pricing remains a key issue, particularly for parts and repair work, where airlines have been resisting hikes.
GE Aerospace’s biggest recent driver was its Jan. 22 forecast, projecting adjusted EPS of $7.10 to $7.40 in 2026 and expecting adjusted revenue to grow at a low double-digit pace. The company highlighted strength in the aftermarket — the term for parts and maintenance sold after engine delivery. Reuters noted that over 70% of GE’s commercial engine revenue comes from parts and services. (Reuters)
A read-across from peers helped lift sentiment. On Thursday, Honeywell posted stronger quarterly revenue and profit, noting that delays in aircraft deliveries are pushing airlines to keep jets in service longer, which raises demand for high-margin parts and maintenance. (Reuters)
Still, the downside risks remain. GE Aerospace flagged ongoing supply chain issues and inflation as potential drags. Engine shortages and reliability woes across the sector have pushed airline expenses higher, intensifying disputes over maintenance costs.
Any slip in air travel demand or a delay in deliveries from key customers and suppliers would first hit the “equipment” segment of the business. Investors could also face a stretch of choppy comparisons as the company reorganizes how it reports results.
The market’s focus now shifts to the upcoming recast segment financials before first-quarter earnings, looking to see if management offers clearer insight into services growth separate from new-engine deliveries. The annual meeting on May 5 will be the next key date to watch.
