Quarterly ResultJul 29, 2026, 06:32 AM
GE HealthCare Acquires Intelerad for $2.29B; Q2 Revenue $5.29B, EPS $1.24
AI Summary
GE HealthCare Technologies Inc. reported its second-quarter 2026 financial results, highlighted by the acquisition of Intelerad for approximately $2.293 billion in cash. The company achieved total revenues of $5.295 billion, an increase from $5.007 billion in the prior year, with net income attributable to GE HealthCare rising to $561 million ($1.24 diluted EPS) from $486 million ($1.06 diluted EPS). The company also announced a strategic segment restructuring, combining Imaging and Advanced Visualization Solutions into a new Advanced Imaging Solutions (AIS) segment. Cash from operating activities for the six months ended June 30, 2026, was $458 million.
Key Highlights
- Acquired Intelerad for approximately $2.293 billion in cash on March 18, 2026.
- Q2 2026 total revenues reached $5.295 billion, up from $5.007 billion in Q2 2025.
- Net income attributable to GE HealthCare for Q2 2026 was $561 million, up from $486 million.
- Diluted EPS for Q2 2026 was $1.24, compared to $1.06 in Q2 2025.
- Cash from operating activities for the six months ended June 30, 2026, was $458 million.
- Advanced Imaging Solutions (AIS) segment revenue was $3.771 billion in Q2 2026.
- Patient Care Solutions (PCS) segment revenue decreased to $675 million in Q2 2026.
Price Impact
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