FINHUB Insights

GE · Q2 FY24 · Apr 1 – Jun 30, 2024

GE Aerospace Q2 FY24: where the revenue came from and where it went

GE Aerospace Q2 FY24: revenue $9.1B (+4% year over year). Net profit $1.3B. Largest cohort Commercial engines & $6.1B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2024
Reported
Jul 23, 2024 10-Q
Sankey diagram of GE Aerospace's income statement for Q2 FY24: revenue of $9.09 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$9.09B +4% year over year
Gross profit$3.52B 39% margin
Operating profit$1.51B 17% margin
Net profit$1.27B 14% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY24 (period ends Jun 30, 2024).
ItemValueShare of revenueYear over year
Revenue 9.09 100% +4%
Commercial engines & 6.13 67%
Defense 2.40 26%
Corporate & other 0.56 6%
Cost of revenue−5.5761%
Gross profit3.5239% margin+4pp
R&D−0.303%+1pp
SG&A−0.9210%+0pp
Other−0.799%+0pp
Operating profit1.5117% margin+5pp
Tax−0.13
Interest & other costs−0.12
Net profit1.2714%+14pp
Filing on EDGAR More quarters of GE

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.