GE Aerospace Q2 FY24: 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
- Apr 1 – Jun 30, 2024
- Reported
- Jul 23, 2024
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
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.09 | 100% | +4% |
| Commercial engines & | 6.13 | 68% | |
| Defense | 2.40 | 26% | |
| Corporate & other | 0.56 | 6% | |
| Cost of revenue | −5.57 | 61% | |
| Gross profit | 3.52 | 39% margin | +4pp |
| R&D | −0.30 | 3% | +1pp |
| SG&A | −0.92 | 10% | +0pp |
| Other | −0.79 | 9% | +0pp |
| Operating profit | 1.51 | 17% margin | +5pp |
| Interest & other costs | −0.12 | ||
| Tax | −0.13 | ||
| Net profit | 1.27 | 14% margin | +14pp |
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