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How GE HealthCare Technologies (GEHC) makes money

GE HealthCare Technologies (GEHC) made $5.5B of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Product brought in $3.6B (65%); Service brought in $1.9B (35%). Of every dollar of revenue, 40¢ was left as gross profit, 15¢ was left as operating profit, 11¢ was left as net earnings.

Drawing the Sankey…

GE HealthCare Technologies revenue by segment, Q3 2026GE HealthCare Technologies revenue by segment, Q3 2026Product$3.6BService$1.9B
GE HealthCare Technologies: revenue by line, Q1 2025 to Q3 2026GE HealthCare Technologies: revenue by line, Q1 2025 to Q3 2026ProductServiceProduct: $3.6B latest$3.6BService: $1.9B latest$1.9BQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
GE HealthCare Technologies revenue by quarterGE HealthCare Technologies revenue by quarter$4.8BQ1 2025$5.0BQ2 2025$5.1BQ3 2025$5.7BQ4 2025$5.1BQ1 2026$5.3BQ2 2026$5.5BQ3 2026
GE HealthCare Technologies: where each dollar of revenue goesGE HealthCare Technologies: where each dollar of revenue goesCost of revenue60¢Gross profit40¢Operating expenses26¢Operating profit15¢Income tax2¢Net earnings11¢Operating cash flow16¢Free cash flow14¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Product$3.6B65.3%+5%+7%
Service$1.9B34.7%+2%+8%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$5.5B100.0%
Cost of revenue$3.3B59.7%
Gross profit$2.2B40.3%
Operating expenses$1.4B25.7%
Operating profit$805M14.6%
Income tax$129M2.3%
Net earnings$615M11.2%
Operating cash flow$907M16.5%
Free cash flow$793M14.4%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$5.5B+7%
Q2 2026$5.3B+6%
Q1 2026$5.1B+7%
Q4 2025$5.7B+7%
Q3 2025$5.1B+6%
Q2 2025$5.0B+4%
Q1 2025$4.8B+3%

From GE HealthCare Technologies' 10-Q filed Oct 28, 2026 (on EDGAR).

Questions

How does GE HealthCare Technologies make money?

GE HealthCare Technologies (GEHC) made $5.5B of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Product brought in $3.6B (65%); Service brought in $1.9B (35%). Of every dollar of revenue, 40¢ was left as gross profit, 15¢ was left as operating profit, 11¢ was left as net earnings.

What is GE HealthCare Technologies' biggest business?

Product: $3.6B in the third quarter 2026, 65% of revenue, +7% from a year earlier.

What is GE HealthCare Technologies' profit margin?

Net earnings were $615M, 11.2% of revenue, in the third quarter 2026; the operating margin was 14.6%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.