Filing Flows › GE HealthCare Technologies (GEHC) › Q1 2026
GE HealthCare Technologies (GEHC) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
GE HealthCare Technologies (GEHC) reported revenue of $5.1B for the first quarter 2026 (Q1 2026), +7% from a year earlier and -10% from the quarter before. Operating margin was 10.0%, net earnings $389M (7.6% of revenue).
GE HealthCare Technologies, Q1 2026: revenue $5.1B (+7% year over year), operating margin 10.0%, net earnings $389M, operating cash flow $290M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1B | -10% | +7% |
| Gross profit | $2.0B | -13% | -2% |
| Operating profit | $515M | -38% | -18% |
| Net earnings | $389M | -34% | -31% |
| Operating cash flow | $290M | -72% | +16% |
| Free cash flow | $112M | -88% | +14% |
What changed
Revenue was $5.1B in Q1 2026, up 7% year over year and down 10% from the previous quarter. Product was the largest line at 65% of revenue. Product added $0.23B year over year (up 7%), 64% of the total change.
Gross margin was 38.5%, down 3.6 points from Q1 2025. Operating profit was $0.52B, a 10.0% margin (down 3.1 points year over year). Operating profit fell $0.11B even though revenue rose $0.35B versus Q1 2025, so costs grew faster than sales. Operating expenses grew 6% against revenue growth of 7%. Net earnings were $0.39B, down 31% year over year. The effective tax rate was 18.6%.
Operating cash flow was $0.29B (up 16% year over year), 71% of net income including minority interests. Non-cash charges added back $0.15B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.31B. Capital expenditures of $0.18B left free cash flow of $0.11B.
Questions
What was GE HealthCare Technologies' revenue in the first quarter 2026?
GE HealthCare Technologies (GEHC) reported revenue of $5.1B for the first quarter 2026 (Q1 2026), +7% from a year earlier and -10% from the quarter before.
Was GE HealthCare Technologies profitable in the first quarter 2026?
Operating profit was $515M (10.0% of revenue) and net earnings $389M.