GE Aerospace (GE) Revenue — Quarter Ended Sep 30, 2024
GE Aerospace reported higher revenue for the quarter. The improvement reflected gains versus both the prior quarter and the same quarter last year.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
GE Aerospace reported higher revenue for the quarter. The improvement reflected gains versus both the prior quarter and the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.8B
Revenue reported for this quarter.
Quarter-over-quarter
+8.2%
Change from the immediately preceding quarter.
Year-over-year
+5.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$36.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $8.5B | -46.7% |
| Mar 31, 2024 | $9B | +27.1% |
| Jun 30, 2024 | $9.1B | -4.7% |
| Sep 30, 2024 | $9.8B | +5.8% |
Revenue performance
Revenue rose from the previous quarter and increased compared to the same period a year earlier.
Quarterly comparison
Sequentially, revenue advanced from the immediately preceding quarter. On a year-over-year basis, revenue was also higher than the same quarter one year ago.
What to watch
Continued execution on the company's strategic priorities will be important for maintaining revenue momentum.