GE Aerospace Commercial Engines and Services printed 9.7 billion dollars in the quarter ended 30 June 2026, up 27 percent. Services rose 26 percent. Internal shop visit revenue rose 25 percent. Spare parts rose more than 25 percent. Equipment rose 30 percent on unit volume up 26 percent, including LEAP deliveries up 24 percent. Profit was 2.7 billion, up 20 percent, from services volume and price. The visit paid.
The engine is sold to make a shop-visit duration.
The 16 July print still splits the two ledgers. CES orders were 12.9 billion dollars, up 18 percent, services up 22 percent, equipment up 7 percent. The 10-Q unit table is the delivery ledger: 659 commercial engines against 525, of which 510 were LEAP against 410. First-half commercial engines 1,299 against 951. First-half LEAP 1,030 against 729. First-half internal shop visit revenue up 30 percent. First-half CES services revenue up 32 percent. First-half total engine deliveries up 31 percent, LEAP deliveries up 41 percent. Company orders 16.5 billion, up 17 percent. Adjusted revenue 12.6 billion, up 24 percent. Operating profit 2.7 billion, up 18 percent.
CES profit of 2.7 billion dollars was up 20 percent from higher services volume, and price. Margins contracted 160 basis points from install engine growth, including GE9X, investments, and inflation. The install sale can grow and still thin the margin. The visit and the spare part paid the profit line. Defense and Propulsion Technologies printed 3.4 billion of revenue, up 16 percent, and 475 million of profit. A delivery year is equipment, up 30 percent. A visit year is internal shop-visit revenue, up 25 percent.
The about line on the same 16 July release still counts an installed base of about 50,000 commercial and 30,000 military aircraft engines. That base is inventory of time. A shop visit is the heavy event: off wing, opened, parts, workscope, back on wing. Spare parts can move without a full visit. Internal shop visit revenue is the visit as GE prints it. The 2026 CES guide, raised on 16 July, keeps both ledgers: revenue growth about 20 percent, services low 20s, equipment about 20 percent, operating profit 10.25 to 10.35 billion dollars. A guide that still splits services from equipment is the object.
CFM International remains the 50/50 joint venture that produces the CFM56 and LEAP families. Time on wing stretches or shortens the duration. The release names a LEAP-1B durability kit and a company claim of about twice the time on wing, with full cutover expected at the beginning of 2027. That is their sentence. LEAP up 24 percent in the quarter is a delivery line. LEAP up 41 percent in the first half is a delivery line. GE9X sits in the margin sentence as install mix. Until a 10-Q prints dollars per visit, or visits per engine, treat every LEAP line as a unit count and every shop-visit line as a revenue print. A kit that stretches time on wing, if it does what the release claims, delays a visit.
GE Vernova is the listed watt. Booked gas-power gigawatts sit on that file. The listed object here is GE Aerospace. A shop visit in a hangar is not a combined-cycle slot into 2031.
GE Aerospace Commercial Engines and Services printed 9.7 billion dollars in the June quarter, up 27 percent. Services rose 26 percent. Internal shop visit revenue rose 25 percent. The visit paid the profit line.
The visit paid the profit line. The delivery is duration.