GE HealthCare (GEHC) official guidance

GE HealthCare (GEHC) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.

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GEHCGE HealthCare Technologies Inc.FY2026 · ends 2026-12-31
6 metrics1 new4 maintained
earnings call · 2d
2026-10-28 13:31:55 UTC20% – 21%maintained
We expect our adjusted effective tax rate to be in the range of 20%-21% for the full year, and foreign exchange tailwind to revenue of approximately 75 basis points.
GEHC · transcript · Q3 FY2026
2026-10-28 13:31:00 UTCOpen source
2026-10-28 10:26:16 UTC20% – 21%maintained
| Adjusted ETR\* | 20.2% | 20.0% - 21.0% | Reaffirmed |
GEHC · EX-99 · Q3 FY2026
2026-10-28 10:25:23 UTCOpen source
2026-07-29 10:26:40 UTC20% – 21%maintained
•Adjusted effective tax rate (ETR)\* in the range of 20.0% to 21.0%
GEHC · EX-99 · Q2 FY2026
2026-07-29 10:25:46 UTCOpen source
2026-04-29 10:26:01 UTC20% – 21%maintained
•Adjusted effective tax rate (ETR)* in the range of 20.0% to 21.0%; unchanged
GEHC · EX-99 · Q1 FY2026
2026-04-29 10:25:24 UTCOpen source
2026-02-05 05:01:03 UTC20% – 21%maintained
Our adjusted effective tax rate is expected to be in the range of 20%-21% for the full year.
GEHC · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-02-04 11:26:14 UTC20% – 21%new
Adjusted effective tax rate (ETR)* in the range of 20.0% to 21.0%
GEHC · EX-99 · Q4 FY2025
2026-02-04 11:25:33 UTCOpen source
2026-10-28 13:31:55 UTC$4.95 – $5.05maintained
We now expect organic revenue growth of approximately 4%, adjusted EBIT margin in the range of 15.5%-15.7%, adjusted EPS in the range of $4.95-$5.05 per share, and free cash flow in excess of $1.6 billion.
GEHC · transcript · Q3 FY2026
2026-10-28 13:31:00 UTCOpen source
2026-10-28 10:26:16 UTC$4.95 – $5.05raised +2.0%
| Adjusted EPS\* | $4.59 | $4.80 - $5.00 4.6% - 9.0% | $4.95 - $5.05 7.9% - 10.1% |
GEHC · EX-99 · Q3 FY2026
2026-10-28 10:25:23 UTCOpen source
2026-07-30 04:01:40 UTC$4.8 – $5maintained
We're maintaining our adjusted EPS guidance in the range of $4.80-$5, approximately 5%-9% growth year-over-year.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-07-29 10:26:40 UTC$4.8 – $5maintained
•Adjusted EPS\* in the range of $4.80 to $5.00, representing 4.6% to 9.0% growth year-over-year
GEHC · EX-99 · Q2 FY2026
2026-07-29 10:25:46 UTCOpen source
2026-04-30 04:01:40 UTC$4.8 – $5maintained
We're also reducing our adjusted EPS guidance to a range of $4.80-$5.00 per share, which represents approximately 5%-9% growth year-over-year.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-04-29 10:26:01 UTC$4.8 – $5lowered -3.0%
•Adjusted EPS* in the range of $4.80 to $5.00, representing 4.6% to 9.0% growth year-over-year; this compares to previous Adjusted EPS* guidance in the range of $4.95 to $5.15
GEHC · EX-99 · Q1 FY2026
2026-04-29 10:25:24 UTCOpen source
2026-02-05 05:01:03 UTC$4.95 – $5.15maintained
On adjusted EPS, we expect to deliver a range of $4.95-$5.15, representing 8%-12% growth.
GEHC · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-02-04 11:26:14 UTC$4.95 – $5.15new
Adjusted EPS* in the range of $4.95 to $5.15, representing 7.9% to 12.3% growth year-over-year
GEHC · EX-99 · Q4 FY2025
2026-02-04 11:25:33 UTCOpen source
2026-10-28 13:31:55 UTC75 bpsnew
We expect our adjusted effective tax rate to be in the range of 20%-21% for the full year, and foreign exchange tailwind to revenue of approximately 75 basis points.
GEHC · transcript · Q3 FY2026
2026-10-28 13:31:00 UTCOpen source
2026-10-28 13:31:55 UTCat least $1.6B
We now expect organic revenue growth of approximately 4%, adjusted EBIT margin in the range of 15.5%-15.7%, adjusted EPS in the range of $4.95-$5.05 per share, and free cash flow in excess of $1.6 billion.
GEHC · transcript · Q3 FY2026
2026-10-28 13:31:00 UTCOpen source
2026-10-28 10:26:16 UTCat least $1.6B
| Free Cash Flow\* | $1.5B | ~$1.6B | $1.6B+ |
GEHC · EX-99 · Q3 FY2026
2026-10-28 10:25:23 UTCOpen source
2026-07-30 04:01:40 UTC$1.6Bmaintained
Free cash flow is expected to be approximately $1.6 billion in 2026.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-07-29 10:26:40 UTC$1.6Bmaintained
•Free cash flow\* of approximately $1.6 billion
GEHC · EX-99 · Q2 FY2026
2026-07-29 10:25:46 UTCOpen source
2026-04-30 04:01:40 UTC$1.6Bmaintained
With the change in profit outlook, we now expect free cash flow of approximately $1.6 billion in 2026.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-04-29 10:26:01 UTC$1.6Blowered -5.9%
•Free cash flow* of approximately $1.6 billion, in-line with profit outlook; this compares to previous guidance of approximately $1.7 billion
GEHC · EX-99 · Q1 FY2026
2026-04-29 10:25:24 UTCOpen source
2026-02-05 05:01:03 UTC$1.7Bmaintained
Lastly, we anticipate free cash flow of approximately $1.7 billion for the full year, representing growth of 13.0%.
GEHC · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-02-04 11:26:14 UTC$1.7Bnew
Free cash flow* of approximately $1.7 billion
GEHC · EX-99 · Q4 FY2025
2026-02-04 11:25:33 UTCOpen source
2026-10-28 13:31:55 UTC15.5% – 15.7%maintained
We now expect organic revenue growth of approximately 4%, adjusted EBIT margin in the range of 15.5%-15.7%, adjusted EPS in the range of $4.95-$5.05 per share, and free cash flow in excess of $1.6 billion.
GEHC · transcript · Q3 FY2026
2026-10-28 13:31:00 UTCOpen source
2026-10-28 10:26:16 UTC15.5% – 15.7%raised +0.3%
| Adjusted EBIT Margin\* | 15.3% | 15.4% - 15.7% 10 - 40 bps | 15.5% - 15.7% 20 - 40 bps |
GEHC · EX-99 · Q3 FY2026
2026-10-28 10:25:23 UTCOpen source
2026-07-30 04:01:40 UTC15.4% – 15.7%maintained
That gets us to a range of 15.4%-15.7%.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-07-29 10:26:40 UTC15.4% – 15.7%maintained
•Adjusted EBIT margin\* of 15.4% to 15.7%, reflecting an expansion of 10 bps to 40 bps year-over-year. Continue to expect approximately $250 million of inflation associated with memory chips, oil and freight and other components.
GEHC · EX-99 · Q2 FY2026
2026-07-29 10:25:46 UTCOpen source
2026-04-30 04:01:40 UTC15.4% – 15.7%maintained
We now expect adjusted EBIT margin to be in the range of 15.4%-15.7%, reflecting expansion of 10-40 basis points year-over-year.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-04-29 10:26:01 UTC15.4% – 15.7%lowered -2.5%
•Adjusted EBIT margin* of 15.4% to 15.7%, reflecting an expansion of 10 bps to 40 bps year-over-year; this compares to previous Adjusted EBIT margin* guidance of 15.8% to 16.1%
GEHC · EX-99 · Q1 FY2026
2026-04-29 10:25:24 UTCOpen source
2026-02-05 05:01:03 UTC15.8% – 16.1%maintained
Adjusted EBIT is expected to be in the range of 15.8%-16.1%, reflecting 50 basis points-80 basis points of expansion...
GEHC · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-02-04 11:26:14 UTC15.8% – 16.1%new
Adjusted EBIT margin* of 15.8% to 16.1%, reflecting an expansion of 50 bps to 80 bps year-over-year
GEHC · EX-99 · Q4 FY2025
2026-02-04 11:25:33 UTCOpen source
2026-10-28 13:31:55 UTC4%maintained4% vs FY2025
We now expect organic revenue growth of approximately 4%, adjusted EBIT margin in the range of 15.5%-15.7%, adjusted EPS in the range of $4.95-$5.05 per share, and free cash flow in excess of $1.6 billion.
GEHC · transcript · Q3 FY2026
2026-10-28 13:31:00 UTCOpen source
2026-10-28 10:26:16 UTC4%raised +14.3%4% vs FY2025
| Organic Revenue Growth\*(1) | 3.5% | 3.0% - 4.0% | ~4.0% |
GEHC · EX-99 · Q3 FY2026
2026-10-28 10:25:23 UTCOpen source
2026-07-29 10:26:40 UTC3% – 4%maintained3% – 4% vs FY2025
•Organic revenue growth\* of 3.0% to 4.0% year-over-year
GEHC · EX-99 · Q2 FY2026
2026-07-29 10:25:46 UTCOpen source
2026-04-29 10:26:01 UTC3% – 4%maintained3% – 4% vs FY2025
•Organic revenue growth* of 3.0% to 4.0% year-over-year; unchanged
GEHC · EX-99 · Q1 FY2026
2026-04-29 10:25:24 UTCOpen source
2026-02-05 05:01:03 UTC3% – 4%maintained3% – 4% vs FY2025
For 2026, we expect organic revenue growth of 3%-4%. We've taken a prudent approach to this guidance, which reflects a healthy capital equipment environment and continued commercial execution while factoring in a cautious outlook on China.
GEHC · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-02-04 11:26:14 UTC3% – 4%new3% – 4% vs FY2025
Organic revenue growth* of 3.0% to 4.0% year-over-year
GEHC · EX-99 · Q4 FY2025
2026-02-04 11:25:33 UTCOpen source
GEHCGE HealthCare Technologies Inc.FY2028+ · ends 2028-12-31
1 metric
earnings call · 2d
2026-10-28 13:31:55 UTC$500M
Yeah, Vijay. Look, I think with Flyrcado, short answer is we feel very good about the $0.5 billion exiting 2028.
GEHC · transcript · Q3 FY2026
2026-10-28 13:31:00 UTCOpen source
2026-07-30 04:01:40 UTCat least $500M
We remain confident in our medium-term target of $500 million or more in annual revenues by 2028.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-04-30 04:01:40 UTCat least $500M
We're encouraged by our trajectory, and this reinforces our confidence in our medium-term target of $500 million or more in annual revenue by 2028.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-02-05 05:01:03 UTCat least $500M
As I stated before, our confidence in our ability to deliver $500 million or more in Flyrcado revenue by year-end 2028 remains intact, and in the long run, we see a billion-dollar opportunity for this novel molecule.
GEHC · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2025-10-30 04:01:30 UTC$500Mnew
This positions us really well on our midterm expectations for a half $500 million by 2028.
GEHC · transcript · Q3 FY2025
2025-10-30 04:00:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.Q4 FY2026 · ends 2026-12-31
1 metric1 new
earnings call · 2d
2026-10-28 13:31:55 UTC3% – 4%new3% – 4% vs Q4 FY2025
The implied Q4 growth range of that 3%-4% is really more around the PCS product hold comp versus any deceleration we see in the market.
GEHC · transcript · Q3 FY2026
2026-10-28 13:31:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.FY2026 · ends 2026-12-31
1 metric1 raised
earnings release · 2d
2026-10-28 10:26:16 UTC20 bps – 40 bpsraised +20.0%20 bps – 40 bps vs FY2025
| Adjusted EBIT Margin\* | 15.3% | 15.4% - 15.7% 10 - 40 bps | 15.5% - 15.7% 20 - 40 bps |
GEHC · EX-99 · Q3 FY2026
2026-10-28 10:25:23 UTCOpen source
2026-07-30 04:01:40 UTC10 bps – 40 bpsmaintained10 bps – 40 bps vs FY2025
We're maintaining full year guidance. This reflects 3%-4% organic sales growth and 10 basis points to 40 basis points adjusted EBIT margin expansion.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-04-30 04:01:40 UTC10 bps – 40 bpsnew10 bps – 40 bps vs FY2025
We now expect adjusted EBIT margin to be in the range of 15.4%-15.7%, reflecting expansion of 10-40 basis points year-over-year.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.Q3 FY2026 · ends 2026-09-30
1 metric1 new
earnings call · 2026-07-30 04:01:40 UTC
2026-07-30 04:01:40 UTClow double-digit adjusted EPS growth year-over-yearnew10% – 13% vs Q3 FY2025
For the third quarter, we expect year-over-year organic revenue growth to be in the range of 3%-4% as well as low double-digit adjusted EPS growth year-over-year.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.FY2026 · ends 2026-12-31
2 metrics1 new1 maintained
earnings call · 2026-07-30 04:01:40 UTC
2026-07-30 04:01:40 UTC$250Mmaintained
The $250 million assumption, which included some cushion in it when we put it together, is still the appropriate amount for where we sit today.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-07-29 10:26:40 UTC$250Mmaintained
Continue to expect approximately $250 million of inflation associated with memory chips, oil and freight and other components.
GEHC · EX-99 · Q2 FY2026
2026-07-29 10:25:46 UTCOpen source
2026-04-30 04:01:40 UTC$250Mnew
Related to adjusted EBIT, as noted earlier, we expect approximately $250 million of gross inflation impact for the full year.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-07-30 04:01:40 UTC3% – 4%new3% – 4% vs FY2025
We're maintaining full year guidance. This reflects 3%-4% organic sales growth and 10 basis points to 40 basis points adjusted EBIT margin expansion.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.Q3 FY2026 · ends 2026-09-30
1 metric1 new
earnings call · 2026-07-30 04:01:40 UTC
2026-07-30 04:01:40 UTC3% – 4%new3% – 4% vs Q3 FY2025
For the third quarter, we expect year-over-year organic revenue growth to be in the range of 3%-4% as well as low double-digit adjusted EPS growth year-over-year.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.FY2026 · ends 2026-12-31
1 metric
earnings call · 2026-07-30 04:01:40 UTC
2026-07-30 04:01:40 UTCa year-over-year decline
I also think our view on the dynamics of the region haven't greatly improved at this point, but we feel it's prudent to continue to assume kind of a year-over-year decline in 2026.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-04-30 04:01:40 UTCdown year-over-yearnew
We were intentional in setting a cautious outlook for 2026 and still expect the China sales to be down year-over-year.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.H4 FY2026 · ends 2026-12-31
1 metric1 new
earnings call · 2026-07-30 04:01:40 UTC
2026-07-30 04:01:40 UTCrevenue and margin improvementnew
We're actioning improvement initiatives via our business system, Heartbeat, with a focus on increasing shipment velocity and backlog conversion of our monitoring and anesthesia product lines to deliver PCS revenue and margin improvement in the second half.
GEHC · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.Q2 FY2026 · ends 2026-06-30
1 metric1 new
earnings call · 2026-04-30 04:01:40 UTC
2026-04-30 04:01:40 UTCdecline in the low single digits year-over-yearnew-3% – -1% vs Q2 FY2025
For the second quarter, we expect year-over-year organic revenue growth to be in the range of 3%-4% and adjusted EPS performance to decline in the low single digits year-over-year.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.FY2026 · ends 2026-12-31
2 metrics1 new
earnings call · 2026-04-30 04:01:40 UTC
2026-04-30 04:01:40 UTC100 bps100 bps vs FY2025
Regarding foreign exchange impacts, while rates have been volatile, we currently anticipate an approximate 100 basis point benefit to revenues this year.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-02-05 05:01:03 UTC150 bpsnew
Relative to foreign exchange, we expect a benefit to revenue of approximately 150 basis points for the year.
GEHC · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-04-30 04:01:40 UTCrelatively neutral year-over-yearnew
A lot of the activities that we're putting in place will offset the inflation, relatively neutral year-over-year from a gross margin standpoint.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.H4 FY2026 · ends 2026-12-31
1 metric1 new
earnings call · 2026-04-30 04:01:40 UTC
2026-04-30 04:01:40 UTCimprove in the second half of the yearnew
We do expect margins to improve in the second half of the year.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
GEHCGE HealthCare Technologies Inc.Q2 FY2026 · ends 2026-06-30
1 metric1 new
earnings call · 2026-04-30 04:01:40 UTC
2026-04-30 04:01:40 UTC3% – 4%new3% – 4% vs Q2 FY2025
For the second quarter, we expect year-over-year organic revenue growth to be in the range of 3%-4% and adjusted EPS performance to decline in the low single digits year-over-year.
GEHC · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source