GE Aerospace Q3 FY23: where the revenue came from and where it went
The whole income statement of GE Aerospace for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2023
- Reported
- Oct 24, 2023
Revenue$9.30B
−36% year over year
Gross profit$3.31B
36% margin
Operating profit$1.18B
13% margin
Net profit$0.35B
4% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.30 | 100% | −36% |
| Renewable energy | 4.15 | 44% | |
| Power | 3.97 | 43% | |
| Corporate | 0.81 | 9% | |
| Other revenue | 0.37 | 4% | |
| Cost of revenue | −5.99 | 64% | |
| Gross profit | 3.31 | 36% margin | +15pp |
| R&D | −0.25 | 3% | +0pp |
| SG&A | −1.00 | 11% | −3pp |
| Other | −0.88 | 9% | +0pp |
| Operating profit | 1.18 | 13% margin | +15pp |
| Interest & other costs | −0.83 | ||
| Net profit | 0.35 | 4% margin | +3pp |
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