StockWatch
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Medical Electronics
Quarterly ResultJul 29, 2026, 06:31 AM

GE HealthCare Q2 Revenue $5.3B, Organic Growth 3.5%; EPS $1.24

AI Summary

GE HealthCare reported strong second quarter 2026 financial results, with total revenues increasing 5.7% to $5.3 billion and organic revenue growth of 3.5%. Diluted EPS rose 16.5% to $1.24, and the company achieved record organic orders growth of 11.1% and a backlog of $23.9 billion. Despite these gains, the Patient Care Solutions segment continued to be challenged, prompting a review of strategic options. The company reaffirmed its full-year 2026 guidance.

Key Highlights

  • Total revenues increased 5.7% to $5.3 billion.
  • Organic revenue growth was 3.5%.
  • Diluted EPS grew 16.5% to $1.24.
  • Record organic orders growth of 11.1% with a $23.9 billion backlog.
  • Advanced Imaging Solutions revenue grew 7.9% to $3.77 billion.
  • Pharmaceutical Diagnostics revenue grew 15.6% to $843 million.
  • Patient Care Solutions revenue declined 13.3% to $675 million.
  • Reaffirmed full-year 2026 organic revenue growth guidance of 3.0% to 4.0%.
  • Repurchased 3.3 million shares for $200 million.
  • Declared a quarterly dividend of $0.035 per share.