8-K ·Filed Apr 29, 2026

GEHC

GE HealthCare Technologies Inc.
BEARISH
Impact 7/10
Horizonweeks Processed5mo ago SEC0001932393-26-000030
8-K Item 2.02: Earnings release
Actionable Insight ▼ Bearish

The lowered profit and cash flow guidance for 2026, driven by persistent inflation and a supplier issue, is a material negative. Monitor upcoming quarters for margin recovery and the impact of price/cost actions. The maintained topline guidance provides some support, but the earnings miss and guidance cut are likely to weigh on the stock near-term.

DirectionBearish
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d
GEHC ▲ +1.84% at T+60d
SHORT call ✗ call lost -1.84% · α vs SPY +2.27% · entry $59.49 → $60.58
Entry anchored
Apr 28, 03:59 PM ET
via exchange tick
T+1d
+2.28%
call -2.28% · α -1.25%
$60.84
settled 5mo ago
T+5d
+2.61%
call -2.61% · α +0.50%
$61.04
settled 5mo ago
T+20d
+7.39%
call -7.39% · α -1.93%
$63.88
settled 4mo ago
T+60d
+1.84%
call -1.84% · α +2.27%
$60.58
settled 2mo ago

Price Chart

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Executive Summary

GE HealthCare reported Q1 2026 revenue of $5.13B (+7.4% YoY) and GAAP diluted EPS of $0.85, down from $1.23 YoY. Adjusted EPS was $0.99 vs $1.01 YoY, missing the $1.07 consensus. The company lowered full-year 2026 Adjusted EBIT margin guidance to 15.4%-15.7% (from 15.8%-16.1%), Adjusted EPS guidance to $4.80-$5.00 (from $4.95-$5.15), and Free Cash Flow guidance to ~$1.6B (from ~$1.7B), citing inflation in memory chips, oil, and freight costs plus a PDx supplier issue. The lowered guidance and earnings miss are the primary negative signals.

Key Financial Metrics

EPS
$0.99
est $1.07 · -7.5%
Revenue
$5.1B
est $5.0B · +2.0% · +7.4% YoY
Rating
miss
Guidance
Organic revenue growth 3.0%-4.0%
lowered
Free Cash Flow
$112.0M

Key Facts

  • Q1 2026 revenue $5.13B, up 7.4% YoY; organic revenue growth 2.9%
  • GAAP diluted EPS $0.85 vs $1.23 YoY; Adjusted EPS $0.99 vs $1.01 YoY
  • Net income $389M vs $564M YoY; net income margin 7.6% vs 11.8%
  • Adjusted EBIT margin 13.5% vs 15.0% YoY, down 150 bps
  • Full-year 2026 guidance lowered: Adjusted EBIT margin 15.4%-15.7% (from 15.8%-16.1%), Adjusted EPS $4.80-$5.00 (from $4.95-$5.15), Free Cash Flow ~$1.6B (from ~$1.7B)
  • Organic revenue growth guidance maintained at 3.0%-4.0%
  • Cash from operations $290M; Free Cash Flow $112M
  • Closed Intelerad acquisition for $2.3B; repurchased 1.4M shares for $100M
  • Patient Care Solutions segment revenue declined 6.5% YoY; segment EBIT down 79.8%

Financial Impact

Full-year Adjusted EPS guidance cut by ~$0.15 at midpoint ($4.90 vs prior $5.05), Free Cash Flow guidance cut by $100M to ~$1.6B

revenueepsmarginscashFlowguidance

Risk Factors

  • Inflation in memory chips, oil, and freight costs may persist, further pressuring margins
  • PDx supplier issue, though resolved, may have lingering effects on profitability
  • Integration risk from the $2.3B Intelerad acquisition
  • Tariff impact in 2026, though expected to be lower than 2025, remains uncertain

Market Snapshot

Exchange
Nasdaq
Sector
X-Ray Apparatus & Tubes & Related Irradiation Apparatus
Analyst Consensus
68% bullish (28 analysts)

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001932393-26-000030
Document: 0001932393-26-000030-index-headers.html0001932393-26-000030
Document: 0001932393-26-000030-index.html0001932393-26-000030
Document: 0001932393-26-000030.txt0001932393-26-000030
8-K Data (Synthetic)0001932393-26-000030
7 reports for GEHC
Performance horizon
Filters
Rows
Reports for GEHC — sortable, filterable
TypeNow
Jul 29, 2026
9w ago
8-K
NEUTRAL ★ 2/10
$71.90 $73.31▲ +1.96%▼ −3.06%$63.98 (−11.02%)
May 13, 2026
20w ago
Insider Cluster
NEUTRAL ★ 2/10
$64.26 $61.59▼ −4.16%▼ −4.90%$63.98 (−0.44%)
May 11, 2026
20w ago
8-K
NEUTRAL ★ 2/10
$62.29 $63.76▲ +2.36%▲ +4.09%$63.98 (+2.71%)
Apr 30, 2026
22w ago
Insider Cluster
NEUTRAL ★ 4/10
$60.84 $62.86▲ +3.32%▼ −1.65%$63.98 (+5.16%)
Apr 30, 2026
22w ago
Insider Cluster
NEUTRAL ★ 2/10
$60.84 $62.86▲ +3.32%▼ −1.65%$63.98 (+5.16%)
Apr 29, 2026
22w ago
8-K
BEARISH ★ 7/10
$59.49 $63.88▼ −7.39%▼ −1.93%$63.98 (−7.56%)
Mar 19, 2026
28w ago
DEFA14A
NEUTRAL ★ 3/10
$70.35 $74.66▲ +6.13%▼ −1.49%$63.98 (−9.05%)
Showing 7 of 7

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