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General Electric's Business Segments
General Electric's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2026
Reportable Segments
2
Largest Segment
Commercial Engines and Services, Reportable
Total Revenue
$ 13,349
Regions Reported
-
Revenue Share by Reportable Segment - Q2 FY2026
- Commercial Engines and Services, Reportable72.9%
- Defense and Propulsion Technologies, Reportable25.8%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Commercial Engines and Services, Reportable | $ 9,731 | 72.9% |
| Defense and Propulsion Technologies, Reportable | $ 3,443 | 25.8% |
Revenue by Product & Service Category - Q2 FY2026
- Service68.4%
- Product30.3%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Service | $ 9,133 | 68.4% |
| Product | $ 4,041 | 30.3% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of General Electric
General Electric Company (GE) - Business Description
Overview
General Electric Company (GE) is one of the largest and most diversified industrial corporations globally, established in 1892. Since its inception, GE has been engaged in the development, manufacturing, and marketing of a broad spectrum of products and services related to the generation, transmission, distribution, control, and utilization of electrical power. Over the decades, the company has continually broadened its portfolio through technological advancements and strategic acquisitions.
Core Products and Services
GEs extensive product portfolio includes:
1. Major Appliances: GE produces a variety of household appliances, including refrigerators, washing machines, and cooking ranges that are designed to enhance the efficiency and convenience of modern living.
2. Lighting Products: The company is a leader in lighting technology, offering innovative solutions for both residential and commercial applications.
3. Industrial Automation: GE provides advanced automation systems that enable manufacturing facilities to optimize processes, improve productivity, and enhance operational efficiency.
4. Medical Diagnostic Imaging Equipment: GE Healthcare offers a wide range of imaging technologies, including MRI, CT, ultrasound, and X-ray systems, which play a critical role in modern healthcare diagnostics.
5. Motors and Electrical Distribution Systems: The company manufactures a variety of electric motors and equipment for the safe transmission and distribution of electricity.
6. Power Generation Products: GE designs and produces gas and steam turbines, wind energy solutions, and energy storage technologies that are instrumental in powering communities.
Aerospace: GE Aviation is a leader in producing jet engines for commercial and military aircraft, providing cutting-edge technologies and ongoing maintenance, repair, and overhaul (MRO) services.
8. Chemical Products: GE supplies chemicals for water treatment and process systems, playing a vital role in maintaining quality and sustainability in various industrial applications.
9. Engineered Materials: The company offers advanced materials such as silicones and plastics, used in diverse applications that require high-performance characteristics.
Service Offerings
In addition to its product lines, GE provides a range of services including:
- Maintenance and Repair Services: Supporting its products through engineering, installation, and repair services to ensure optimal performance and longevity.
- Financial Services: Through GE Capital, the company offers a variety of financing solutions, including consumer and commercial financing, real estate financing, and asset management services.
- Broadcasting Services: GE owns NBCUniversal, a significant player in the media landscape, providing television, streaming, and digital content production services.
Business Segments
GE operates through several key segments:
- Aviation: Focused on jet engine manufacturing and MRO services with a strong emphasis on innovation and efficiency.
- Healthcare: Dedicated to providing medical imaging and diagnostic technology, as well as healthcare IT solutions.
- Power: Offers products and services related to traditional and renewable energy generation.
- Renewable Energy: A growing segment focused on wind and solar energy solutions, reflective of a global shift towards sustainable energy sources.
- Digital Industry: Developed through GE Digital, this segment leverages software, analytics, and IoT technologies to improve industrial operation efficiency.
Market Position and Competitive Landscape
GE faces intense competition across all its business segments. The aviation sector is highly competitive, with strong U.S. and international rivals focusing on cutting-edge technology and efficiency. In healthcare, technological competence and innovation are crucial for differentiation. The power generation market is sensitive to global economic and political factors, where demand is influenced by energy price fluctuations and regional growth.
Competitors in financial services include a variety of commercial banks and independent finance companies that impact GE Capital’s profitability through competitive interest rates and credit terms. Additionally, in the plastics and materials sector, the company contends with large suppliers that focus on innovation and process efficiency.
Strategic Focus
To maintain its competitive edge, GE emphasizes:
- Technological Innovation: Continuous investment in research and development across all sectors.
- Operational Efficiency: Implementation of advanced manufacturing processes and lean methodologies.
- Risk Management: Robust systems to manage credit, operational, and market risks.
- Sustainability: Commitment to developing cleaner energy solutions and reducing the carbon footprint across its operations.
Conclusion
General Electric continues to evolve as a key player in various industries, leveraging its long-standing legacy, innovation, and diversified portfolio to adapt to changing market dynamics and customer needs. As it navigates the complexities of global supply chains, technological changes, and increased demand for sustainable practices, GE remains committed to delivering value to its stakeholders worldwide.
Overview
General Electric Company (GE) is one of the largest and most diversified industrial corporations globally, established in 1892. Since its inception, GE has been engaged in the development, manufacturing, and marketing of a broad spectrum of products and services related to the generation, transmission, distribution, control, and utilization of electrical power. Over the decades, the company has continually broadened its portfolio through technological advancements and strategic acquisitions.
Core Products and Services
GEs extensive product portfolio includes:
1. Major Appliances: GE produces a variety of household appliances, including refrigerators, washing machines, and cooking ranges that are designed to enhance the efficiency and convenience of modern living.
2. Lighting Products: The company is a leader in lighting technology, offering innovative solutions for both residential and commercial applications.
3. Industrial Automation: GE provides advanced automation systems that enable manufacturing facilities to optimize processes, improve productivity, and enhance operational efficiency.
4. Medical Diagnostic Imaging Equipment: GE Healthcare offers a wide range of imaging technologies, including MRI, CT, ultrasound, and X-ray systems, which play a critical role in modern healthcare diagnostics.
5. Motors and Electrical Distribution Systems: The company manufactures a variety of electric motors and equipment for the safe transmission and distribution of electricity.
6. Power Generation Products: GE designs and produces gas and steam turbines, wind energy solutions, and energy storage technologies that are instrumental in powering communities.
Aerospace: GE Aviation is a leader in producing jet engines for commercial and military aircraft, providing cutting-edge technologies and ongoing maintenance, repair, and overhaul (MRO) services.
8. Chemical Products: GE supplies chemicals for water treatment and process systems, playing a vital role in maintaining quality and sustainability in various industrial applications.
9. Engineered Materials: The company offers advanced materials such as silicones and plastics, used in diverse applications that require high-performance characteristics.
Service Offerings
In addition to its product lines, GE provides a range of services including:
- Maintenance and Repair Services: Supporting its products through engineering, installation, and repair services to ensure optimal performance and longevity.
- Financial Services: Through GE Capital, the company offers a variety of financing solutions, including consumer and commercial financing, real estate financing, and asset management services.
- Broadcasting Services: GE owns NBCUniversal, a significant player in the media landscape, providing television, streaming, and digital content production services.
Business Segments
GE operates through several key segments:
- Aviation: Focused on jet engine manufacturing and MRO services with a strong emphasis on innovation and efficiency.
- Healthcare: Dedicated to providing medical imaging and diagnostic technology, as well as healthcare IT solutions.
- Power: Offers products and services related to traditional and renewable energy generation.
- Renewable Energy: A growing segment focused on wind and solar energy solutions, reflective of a global shift towards sustainable energy sources.
- Digital Industry: Developed through GE Digital, this segment leverages software, analytics, and IoT technologies to improve industrial operation efficiency.
Market Position and Competitive Landscape
GE faces intense competition across all its business segments. The aviation sector is highly competitive, with strong U.S. and international rivals focusing on cutting-edge technology and efficiency. In healthcare, technological competence and innovation are crucial for differentiation. The power generation market is sensitive to global economic and political factors, where demand is influenced by energy price fluctuations and regional growth.
Competitors in financial services include a variety of commercial banks and independent finance companies that impact GE Capital’s profitability through competitive interest rates and credit terms. Additionally, in the plastics and materials sector, the company contends with large suppliers that focus on innovation and process efficiency.
Strategic Focus
To maintain its competitive edge, GE emphasizes:
- Technological Innovation: Continuous investment in research and development across all sectors.
- Operational Efficiency: Implementation of advanced manufacturing processes and lean methodologies.
- Risk Management: Robust systems to manage credit, operational, and market risks.
- Sustainability: Commitment to developing cleaner energy solutions and reducing the carbon footprint across its operations.
Conclusion
General Electric continues to evolve as a key player in various industries, leveraging its long-standing legacy, innovation, and diversified portfolio to adapt to changing market dynamics and customer needs. As it navigates the complexities of global supply chains, technological changes, and increased demand for sustainable practices, GE remains committed to delivering value to its stakeholders worldwide.
General Electric Company (GE) operates in a diverse range of sectors, leveraging advanced technologies to drive innovation and sustainability across its business segments. Below is a detailed overview of the segments, products, and services that GE offers, with specific emphasis on GE Aerospace and GE Vernova.
GE Aerospace
GE Aerospace specializes in designing and manufacturing jet engines and related systems for both commercial and military aviation. The division is recognized for its advanced technology and innovation in aerospace propulsion, and it plays a key role in the aviation industry’s evolution.
Commercial Engines and Services
- Jet Engine Manufacturing: GE Aerospace produces jet engines for various categories of commercial aircraft, including narrowbody, widebody, and regional airframes.
- Key Partnerships: The commercial segment includes engines from CFM International and the Engine Alliance, both of which are joint ventures. CFM International, a collaboration between GE and Safran Aircraft Engines, is known for the LEAP engine family, while the Engine Alliance, a partnership with Pratt & Whitney, develops the GP7200 engine.
- Aftermarket Services: This segment focuses on maintenance, repair, and overhaul (MRO) services, ensuring peak performance and reliability for commercial aircraft engines. It also encompasses the supply of spare parts to facilitate operational continuity for airlines.
- Business Aviation: In addition to traditional commercial engines, GE Aerospace manufactures engines for business aviation, enhancing efficiency and performance for corporate and private jet applications.
- Aeroderivative Applications: GE also caters to the alternative use of its gas turbines in aerospace through aeroderivative engines.
Military
- Military Jet Engine Production: GE is a key supplier of jet engines for various military aircraft types, powering fighters, bombers, transport aircraft, helicopters, and surveillance systems.
- Wide Range of Applications: The military segment focuses on engines that meet the demanding requirements of different military missions, ensuring reliability in critical situations.
- MRO Services for Military Applications: Similar to its commercial counterpart, GE Aerospace provides comprehensive maintenance and repair services for military engines, including the supply of spare parts to support readiness and capability.
Systems & Other
- Avionics and Electric Systems: This sector of GE Aerospace specializes in developing avionics systems and aviation electric power systems, which are crucial for modern aircraft operation.
- Turboprop Engines: GE manufactures turboprop engines for regional and commuter aircraft, providing lower operating costs and enhanced performance.
- Engine Components: Development and manufacturing of engine gear, transmission components, and integrated engine systems offer solutions to optimize engine performance.
- Additive Manufacturing: GE is at the forefront of additive manufacturing, providing additive machines and materials, including metal powders. The additive engineering services enhance manufacturing capabilities and efficiencies.
GE Vernova
GE Vernova encompasses GE’s energy-related businesses and plays a pivotal role in the global energy transition. The focus of this portfolio is on renewable energy and grid modernization, providing technologies and solutions that enhance energy generation and distribution.
Onshore Wind
- Turbine Technology: GE Vernova delivers state-of-the-art onshore wind turbines, offering various sizes and capacities tailored to different terrains and wind conditions.
- Wind Services: This unit specializes in optimizing the performance of onshore wind farms through advanced digital infrastructure, ensuring the efficiency and longevity of turbine fleets. The installed base includes around 54,000 turbines, with half under service agreements for ongoing maintenance and optimization.
Grid Solutions Equipment and Services
- Grid Management Technologies: GE Vernova offers a comprehensive suite of grid solutions that enable utilities to manage electricity from generation points to end users effectively.
- Digital & Automation Solutions: GE focuses on integrating digital services and automation into their offerings, enhancing grid reliability and resilience amid the challenges posed by renewable energy generation.
Hydro, Offshore Wind, and Hybrid Solutions
- Hydropower Solutions: GE provides extensive services and technologies for both large-scale hydropower plants and small-scale hydropower systems, ensuring adaptable solutions for diverse geographic and operational needs.
- Offshore Wind Development: This segment leads innovations in offshore wind technology, contributing to the expansion of wind farms in marine environments and promoting sustainable energy generation.
- Hybrid Solutions: GE Vernova integrates renewable energy systems with storage to ensure stable and reliable power supply, enhancing grid stability through a combination of generation sources.
Gas Power
- Gas Turbines: GE’s Gas Power division manufactures a range of heavy-duty and aeroderivative gas turbines, suitable for utility and industrial applications, from small-scale mobile units to large power plants.
- Maintenance and Service Solutions: The division also offers comprehensive maintenance services covering the entire lifecycle of gas power plant operations to optimize longevity and efficiency.
Steam Power
- Technologies for Power Generation: This sector provides services and technologies, primarily for fossil and nuclear power plants, helping clients transition to lower-carbon solutions while maintaining reliable energy generation.
Power Conversion, Nuclear, and Other Technologies
- Power Conversion Systems: GE applies advanced technology in energy-intensive industries, providing motors, generators, automation, and control solutions.
- Nuclear Technologies: Through partnerships, especially with Hitachi, GE develops nuclear reactor technologies, including small modular reactors, granular reactor design principles, and fuel support services.
In summary, General Electric’s extensive portfolio spans a multitude of sectors, providing innovative solutions for aerospace, energy generation, and technology services. With a commitment to sustainability and efficiency, GE is strategically positioned to address the challenges of modern industries and contribute positively to the energy transition.
GE Aerospace
GE Aerospace specializes in designing and manufacturing jet engines and related systems for both commercial and military aviation. The division is recognized for its advanced technology and innovation in aerospace propulsion, and it plays a key role in the aviation industry’s evolution.
Commercial Engines and Services
- Jet Engine Manufacturing: GE Aerospace produces jet engines for various categories of commercial aircraft, including narrowbody, widebody, and regional airframes.
- Key Partnerships: The commercial segment includes engines from CFM International and the Engine Alliance, both of which are joint ventures. CFM International, a collaboration between GE and Safran Aircraft Engines, is known for the LEAP engine family, while the Engine Alliance, a partnership with Pratt & Whitney, develops the GP7200 engine.
- Aftermarket Services: This segment focuses on maintenance, repair, and overhaul (MRO) services, ensuring peak performance and reliability for commercial aircraft engines. It also encompasses the supply of spare parts to facilitate operational continuity for airlines.
- Business Aviation: In addition to traditional commercial engines, GE Aerospace manufactures engines for business aviation, enhancing efficiency and performance for corporate and private jet applications.
- Aeroderivative Applications: GE also caters to the alternative use of its gas turbines in aerospace through aeroderivative engines.
Military
- Military Jet Engine Production: GE is a key supplier of jet engines for various military aircraft types, powering fighters, bombers, transport aircraft, helicopters, and surveillance systems.
- Wide Range of Applications: The military segment focuses on engines that meet the demanding requirements of different military missions, ensuring reliability in critical situations.
- MRO Services for Military Applications: Similar to its commercial counterpart, GE Aerospace provides comprehensive maintenance and repair services for military engines, including the supply of spare parts to support readiness and capability.
Systems & Other
- Avionics and Electric Systems: This sector of GE Aerospace specializes in developing avionics systems and aviation electric power systems, which are crucial for modern aircraft operation.
- Turboprop Engines: GE manufactures turboprop engines for regional and commuter aircraft, providing lower operating costs and enhanced performance.
- Engine Components: Development and manufacturing of engine gear, transmission components, and integrated engine systems offer solutions to optimize engine performance.
- Additive Manufacturing: GE is at the forefront of additive manufacturing, providing additive machines and materials, including metal powders. The additive engineering services enhance manufacturing capabilities and efficiencies.
GE Vernova
GE Vernova encompasses GE’s energy-related businesses and plays a pivotal role in the global energy transition. The focus of this portfolio is on renewable energy and grid modernization, providing technologies and solutions that enhance energy generation and distribution.
Onshore Wind
- Turbine Technology: GE Vernova delivers state-of-the-art onshore wind turbines, offering various sizes and capacities tailored to different terrains and wind conditions.
- Wind Services: This unit specializes in optimizing the performance of onshore wind farms through advanced digital infrastructure, ensuring the efficiency and longevity of turbine fleets. The installed base includes around 54,000 turbines, with half under service agreements for ongoing maintenance and optimization.
Grid Solutions Equipment and Services
- Grid Management Technologies: GE Vernova offers a comprehensive suite of grid solutions that enable utilities to manage electricity from generation points to end users effectively.
- Digital & Automation Solutions: GE focuses on integrating digital services and automation into their offerings, enhancing grid reliability and resilience amid the challenges posed by renewable energy generation.
Hydro, Offshore Wind, and Hybrid Solutions
- Hydropower Solutions: GE provides extensive services and technologies for both large-scale hydropower plants and small-scale hydropower systems, ensuring adaptable solutions for diverse geographic and operational needs.
- Offshore Wind Development: This segment leads innovations in offshore wind technology, contributing to the expansion of wind farms in marine environments and promoting sustainable energy generation.
- Hybrid Solutions: GE Vernova integrates renewable energy systems with storage to ensure stable and reliable power supply, enhancing grid stability through a combination of generation sources.
Gas Power
- Gas Turbines: GE’s Gas Power division manufactures a range of heavy-duty and aeroderivative gas turbines, suitable for utility and industrial applications, from small-scale mobile units to large power plants.
- Maintenance and Service Solutions: The division also offers comprehensive maintenance services covering the entire lifecycle of gas power plant operations to optimize longevity and efficiency.
Steam Power
- Technologies for Power Generation: This sector provides services and technologies, primarily for fossil and nuclear power plants, helping clients transition to lower-carbon solutions while maintaining reliable energy generation.
Power Conversion, Nuclear, and Other Technologies
- Power Conversion Systems: GE applies advanced technology in energy-intensive industries, providing motors, generators, automation, and control solutions.
- Nuclear Technologies: Through partnerships, especially with Hitachi, GE develops nuclear reactor technologies, including small modular reactors, granular reactor design principles, and fuel support services.
In summary, General Electric’s extensive portfolio spans a multitude of sectors, providing innovative solutions for aerospace, energy generation, and technology services. With a commitment to sustainability and efficiency, GE is strategically positioned to address the challenges of modern industries and contribute positively to the energy transition.