ge-20260609

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 11-K

Annual Report Pursuant to Section 15(d) of the

Securities Exchange Act of 1934

(Mark One)

☑ Annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934 (No Fee Required)

For the fiscal year ended December 31, 2025

☐ Transition report pursuant to Section 15(d) of the Securities Exchange Act of 1934 (No Fee Required)

For the transition period from ___to ___

Commission file number 001-00035

A. Full title of the plan and the address of the plan, if different from that of the issuer named below:

GE AEROSPACE RETIREMENT SAVINGS PLAN

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

General Electric Company

1 Neumann Way

Evendale, OH 45215

GE AEROSPACE RETIREMENT SAVINGS PLAN

Financial Statements and Supplemental Schedule

December 31, 2025 and 2024

(With Report of Independent Registered Public Accounting Firm Thereon)

GE AEROSPACE RETIREMENT SAVINGS PLAN

December 31, 2025 and 2024

Table of Contents


			Page Number(s)

Report of Independent Registered Public Accounting Firm			3 - 4

Financial Statements:
Statements of Net Assets Available for Plan Benefits as of December 31, 2025 and 2024			5

Statement of Changes in Net Assets Available for Plan Benefits for the Year Ended December 31, 2025			6

Notes to Financial Statements			7 - 15

Supplemental Schedule:
Schedule H, Line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2025			16

Note: All other schedules required by Section 2520.103-10 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Plan Participants and Plan Administrator of GE Aerospace Retirement Savings Plan.

Opinion on the Financial Statements

We have audited the accompanying statements of net assets available for plan benefits of the GE Aerospace Retirement Savings Plan (the "Plan") as of December 31, 2025 and 2024, the related statement of changes in net assets available for plan benefits for the year ended December 31, 2025, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the net assets available for plan benefits of the Plan as of December 31, 2025 and 2024, and the changes in net assets available for plan benefits for the year ended December 31, 2025, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Report on Supplemental Schedule

The supplemental schedule of assets (held at end of year) as of December 31, 2025, has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental schedule reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedule. In forming our opinion on the supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in compliance with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, such schedule is fairly stated, in all material respects, in relation to the financial statements as a whole.

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/s/ DELOITTE & TOUCHE LLP
Cincinnati, Ohio
June 10, 2026
We have served as the auditor of the Plan since 2022.

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Statements of Net Assets Available for Plan Benefits

December 31, 2025 and 2024

(in thousands)


	2025		2024
Assets:

Investments at fair value (notes 3 and 4)	$	17,103,775	$	14,538,186

Notes receivable from participants	118,461		112,779
Employer contribution receivable (note 1)	103,849		86,722
Accrued dividends and interest	3,737		3,185
Other assets	3,884		1,800
Total assets	17,333,706		14,742,672


Liabilities:

Other liabilities	4,252		2,542
Total liabilities	4,252		2,542

Net assets available for plan benefits	$	17,329,454	$	14,740,130

See accompanying notes to financial statements.

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Statement of Changes in Net Assets Available for Plan Benefits

Year Ended December 31, 2025

(in thousands)



Additions to net assets attributed to:
Investment income:
Net appreciation in fair value of investments	$	2,960,473
Interest and dividend income	382,921
	3,343,394

Interest on notes receivable from participants	5,527

Contributions:
Employee cash contributions	400,744

Employee rollovers from other qualified plans	75,883
Employer cash contributions	264,319

	740,946

Total additions	4,089,867

Deductions from net assets attributed to:
Participant withdrawals	1,499,683
Administrative expenses	860
Total deductions	1,500,543

Net increase	2,589,324





Net assets available for plan benefits at:
Beginning of year	$	14,740,130
End of year	$	17,329,454

See accompanying notes to financial statements.

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2025 and 2024

(1) Description of the Plan

The GE Aerospace Retirement Savings Plan (the “Plan”), formerly the GE Retirement Savings Plan, is a defined contribution plan sponsored by General Electric Company, operating as GE Aerospace (the “Company”).

The Plan is subject to applicable provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The assets of the Plan are held in and invested through the GE Aerospace Retirement Savings Trust (the “Trust”).

Fidelity Workplace Services, LLC is the Plan’s recordkeeper. The Plan Trustees have appointed Fidelity Management Trust Company (“FMTC”) as the directed Trustee of the Trust.

SSGA Funds Management, Inc. (“SSGA FM”), an affiliate of State Street Corporation (“SSC”) is the investment advisor to three of the Plan’s investment options. State Street Global Advisors Trust Company (“SSGA TC”, and together with SSGA FM, "SSGA"), also affiliated with SSC, is the investment advisor to one of the Plan’s investment options.

The General Electric Aerospace Retirement Savings Plan U.S. Equity Fund (the "RSP US Equity Fund") is a unitized separate account that allocates assets to underlying investment managers, as directed by the Benefit Plans Investment Committee ("BPIC") of the Company. This was newly offered in 2025, and as of December 31, 2025, the underlying investments include the State Street U.S. Core Equity Fund, a registered investment company managed by SSGA, and a collective fund managed by Arrowstreet Capital.

Mercer Trust Company LLC and its affiliate, Mercer Investments LLC (formerly, Mercer Investment Management, Inc.) are the manager and investment advisor, respectively, for the Mercer GE International Equity Fund.

BlackRock Institutional Trust Company, N.A. (“BlackRock”) is the investment advisor to six of the Plan’s investment options, which include passively managed funds in equity and fixed income classes (collectively referred to herein as the “Index Funds”). BlackRock is the manager to the Plan’s suite of ten Target Retirement Date Funds.

The description of the Plan is provided for general information purposes only. The complete terms of the Plan are provided in the GE Aerospace Retirement Savings Plan document (the “Plan Document”). Plan information including benefits, investment options, vesting provisions and effects of plan termination is also included in Plan handbooks and other material distributed to participants.

Employee Contributions and Investment Options

Eligible employees of the Company and participating affiliates may participate in the Plan by investing up to 30% of their eligible earnings in one or more of the offered investment options.

As of December 31, 2025, the Plan's investments include:

•Separate accounts: the General Electric Common Stock Fund (the “GE Stock Fund”), RSP US Equity Fund, and Target Retirement Date Funds (each a “TRD Fund” or collectively, "TRD Funds"). The separate accounts invest in corporate stocks, registered investment companies, and collective funds.

•Registered investment companies: the SSGA Income Fund (the “Income Fund”) and the SSGA Small-Cap Equity Fund (the "Small-Cap Fund”).

•Collective funds: various index funds, the State Street Custom Short-Term Interest Non-Lending Series Fund (the “ST Interest Fund”), the State Street Custom Government Reserves Non-Lending Series Fund

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2025 and 2024

(the “Government Reserve Fund”), the Mercer GE International Equity Fund, and the Arrowstreet US Equity Collective Fund.

Collectively, these investments are referred to herein as the "Funds".

The GE Vernova Stock Fund was added to the Plan as a result of the spin-off of GE Vernova Inc., during 2024. Participants invested in the GE Stock Fund at the time of the spin-off automatically received units in the GE Vernova Stock Fund. The GE Vernova Stock Fund was fully liquidated in April 2025.

The Plan permits participants to invest compensation on which income taxes have and have not been paid (“after-tax” and “pre-tax”, respectively). The U.S. Internal Revenue Code (“IRC”) limits the amount of pre-tax contributions that can be made each year. In 2025, the pre-tax contributions limits were generally $23,500 for participants under age 50 and $31,000 for participants age 50 or older, with an enhanced catch-up limit of up to $34,750 for participants ages 60-63. The Plan also permits participants to make Roth contributions, which are combined with pre-tax contributions for purposes of these limits.

Participants may switch their investment balances (including rebalancing) up to 12 times each quarter. Restrictions on such switches include certain restrictions on a participant’s ability to engage in frequent trading in response to Securities and Exchange Commission requirements governing mutual funds.

Employer Contributions

The Plan generally provides for employer matching contributions of 50% of employees’ contributions of up to 8% of their earnings, that is, a 4% maximum matching contribution.

Certain eligible employees on salaried benefits (whose first day of work is on or after January 1, 2011) and certain eligible employees on production benefits (whose first day of work is on or after January 1, 2012) also receive a Company Retirement Contribution generally equal to 3% of their earnings, irrespective of any employee contributions. In addition, effective January 1, 2021, participants whose benefit under the GE Aerospace Pension Plan, formerly the GE Pension Plan, is frozen also receive the Company Retirement Contribution. The Company Retirement Contribution is credited annually (generally in the following January) for employees on salaried benefits, and each pay period for employees on production benefits. Those employees on production benefits may also be eligible for an Additional Company Retirement Contribution (“ACRC”) per year credited in the following January. For the 2025 plan year, the Company funded in January 2026 total Company Retirement Contributions of $96.2 million and ACRCs of $7.6 million. For the 2024 plan year, the Company funded in January 2025 total Company Retirement Contributions of $83.8 million and ACRCs of $2.9 million. Hereinafter, the Company Retirement Contribution and the ACRC shall be referred to collectively as “Company Retirement Contributions” (“CRCs”). The CRCs are in addition to the employer matching contribution. A participant who does not have a regular investment election on file will be electing to invest the CRCs in the TRD Fund consistent with the participant’s age.

Newly hired non-union employees who are eligible for CRCs and who have not made an affirmative election regarding the amount (if any) of their own savings are automatically enrolled as electing to contribute 8% of eligible pay as pre-tax contributions. This election entitles these employees to the maximum 4% matching contribution. A participant who does not have a regular investment election on file will be electing to invest these contributions in the TRD Fund consistent with the participant’s age. These elections can be changed at any time before or after the employee is automatically enrolled.

Newly hired union employees who are eligible for CRCs and who have not made an affirmative election regarding the amount (if any) of their own savings are automatically enrolled as electing to contribute 2% of eligible pay as pre-tax contributions. This election entitles these employees to a 1% matching contribution. A participant who does not have a regular investment election on file will be electing to invest these contributions in the TRD Fund consistent with the participant’s age. These elections can be changed at any time before or after the employee is automatically enrolled.

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Rollovers from Other Qualifying Plans

Subject to Company approval, participants may elect to rollover amounts from other qualifying plans or arrangements in accordance with the IRC.

Withdrawals

Subject to certain limitations prescribed by the Plan and the IRC, terminated participants may elect retirement or other termination withdrawals in either lump sum or partial payments. Employed participants may make regular withdrawals and certain hardship withdrawals from their participant accounts (except with respect to amounts attributable to any CRCs). There are no restrictions on the number and dollar amount of partial termination withdrawals and regular withdrawals, and the Plan allows for age 59 ½ and disability withdrawal options.

Notes Receivable from Participants

The Plan permits participants, under certain circumstances, to borrow a minimum of $500 from their participant accounts (except with respect to amounts attributable to any CRCs or any non-vested matching contributions, which are not available for loans). Subject to certain IRC and Plan limits, a participant may not borrow more than the lesser of 50% of that participant’s available account value, as defined in the Plan Document, or $50,000, adjusted for prior loans. The term of any loan is up to 4.5 years unless the loan is used to acquire a principal residence for which a term of up to 15 years may be permissible. The interest rate applicable to participant loans is based on the monthly average of the composite yield on corporate bonds, published by Moody’s Investors Service. The interest rates for new loans are fixed for the term of the loan.

Loans are repaid with interest in equal payments over the term of the loan by payroll deductions, personal check, or other such methods as may be required. Participants may repay the entire principal amount with written notice and without penalty. Partial prepayments in amounts not less than the regular repayment amount are permissible without penalty and without re-amortization of the remaining principal amount. A participant may have no more than two outstanding loans from the Plan at any time (subject to limited exceptions resulting from a plan merger).

In the event of a loan default, the amount of the outstanding balance will be reported to the Internal Revenue Service ("IRS") in the year of the default as ordinary income.

Participant Accounts

Each participant’s account is credited with the participant’s contributions and CRCs (as applicable) and allocation of (a) employer matching contributions and (b) investment results. The benefit to which a participant is entitled is the value of the participant’s vested account.

The costs of overnight delivery requests are charged to participants and certain former employees are charged quarterly account recordkeeping fees. This is reflected under 'Administrative expenses' on the Statement of Changes in Net Assets.

Vesting

Participants are fully vested in their employee contributions, employer matching contributions and related investment results. Participants receiving CRCs and related earnings generally become vested in those amounts once the participant completes three years of service. This same three-year vesting requirement applies to employer matching contributions for employees on salaried benefits whose first day of work is on or after January 1, 2018.

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Forfeitures

During 2025, forfeitures of approximately $5.9 million were used to reduce employer contributions in accordance with the terms of the Plan.

Plan Termination and Amendment

Although the Company has not expressed any intent to do so, it has the right under the Plan, to the extent permitted by law, to terminate the Plan in accordance with the provisions of ERISA. If the Plan is terminated, each participant’s interest will be payable in full according to the Plan's provisions. The Company also has the right under the Plan, to the extent permitted by law, to amend or replace the Plan for any reason.

Administrative and Investment Advisory Costs

Administrative costs of the Plan and certain investment advisory costs are generally borne by the Company. For certain registered investment companies, collective funds, and TRD Funds, investment advisors receive a management fee for providing investment advisory services. These management fees are reflected in interest and dividend income for the registered investment companies and in net appreciation (depreciation) in fair value of investments for the collective funds and TRD Funds on the statement of changes in net assets available for plan benefits.

(2) Summary of Significant Accounting Policies

(a) Basis of Accounting

The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the Unites States of America ("US GAAP").

(b) Investments

Plan investments are reported at fair value. See notes 3 and 4 for additional information.

Investment transactions are recorded on a trade date basis. Dividends are recorded on the ex-dividend date. Interest income is earned from settlement date and recognized on the accrual basis. The net appreciation (depreciation) in the fair value of investments held at year end consists of the realized gains or losses on the sales of investments and the net unrealized appreciation (depreciation) of investments.

More detailed information regarding these financial instruments, as well as the strategies and policies for their use, is contained in the documents described above under “Employee Contributions and Investment Options” in note 1.

For financial assets and liabilities, fair value is the price the Plan would receive to sell an asset or pay to transfer a liability in an orderly transaction with a market participant at the measurement date. In the absence of active markets for the identical assets and liabilities, such measurements involve developing assumptions based on market observable data and, in the absence of such data, internal information that is consistent with what market participants would use in a hypothetical transaction that occurs at the measurement date.

Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions. Preference is given to observable inputs. These two types of inputs create the following fair value hierarchy:

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2025 and 2024

Level 1 - Quoted prices for identical investments in active markets.

Level 2 - Quoted prices for similar investments in active markets; quoted prices for identical or similar investments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable.

The Company maintains policies and procedures to value investments using the best and most relevant data available. In addition, the Company retains independent pricing vendors to assist in valuing certain investments.

The following is a description of the valuation methodologies used for the investments measured at fair value. There have been no changes in methodologies used at December 31, 2025 and 2024.

•Common stock and registered investment companies: as applicable, valued at the closing price reported on the active market on which the individual security is traded. They are included in level 1 investments.

•Collective funds: generally valued using the net asset value (“NAV”) per share as a practical expedient for fair value provided certain criteria are met. The NAVs are determined based on the fair values of the underlying investments of the funds. Investments that are measured at fair value using the NAV as a practical expedient are not classified in the fair value hierarchy.

(d) Notes Receivable from Participants

Loans to participants are recorded at the outstanding principal balance plus accrued interest.

(e) Participant Withdrawals

Participant withdrawals are recorded when paid. Included in participant withdrawals are GE Aerospace Common Stock cash dividends paid to participants of approximately $1.0 million during 2025.

(f) Management Estimates and Assumptions

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2025 and 2024

(3) Investments

A summary of the fair value of the Plan's investments at December 31, 2025 and 2024 follows.


	2025		2024
	(in thousands)
Common Stock:
GE Aerospace Common Stock	$	2,988,451	$	1,763,873
GE Vernova Common Stock	—		703,492

Total Common Stock	$	2,988,451	$	2,467,365



Registered Investment Companies:
SSGA US Core Equity Fund(a)	1,663,121		2,309,195
SSGA Income Fund	391,318		397,883
SSGA Small-Cap Equity Fund	370,317		420,989
Total Registered Investment Companies	2,424,756		3,128,067

Collective Funds:(b)
Non-U.S. Equity Index Fund (MSCI ACWI EX-US Index NL Fund F)	1,823,383		1,221,120
U.S. Aggregate Bond Index Fund (US Debt Index NL Fund F)	1,290,988		1,061,299
U.S. Large-Cap Equity Index Fund (Equity Index NL Fund F)	2,414,333		2,127,712
U.S. Mid-Cap Equity Index Fund (Mid Cap Equity NL Fund F)	571,284		569,870
U.S. Small-Cap Equity Index Fund (Russell 2000 Index NL Fund F)	477,821		478,406
U.S. Treasury Inflation-Protected Securities Index Fund (US TIPS NL Fund F)	109,146		216,581
Enhanced Roll Yield Index Fund F	19,370		—
FTSE All Equity REITS Index Non-Lending Fund (FTSE NAREIT All Equity REITS Index)	129,896		—
Long Term Government Bond Index Non-Lending Fund	63,614		—
Long Term Credit Bond Index Non-Lending Fund	86,268		—
Global Core Infrastructure Index Non-Lending Fund	82,185		—
0-5 Year U.S. TIPS Non-Lendable Fund	146,029		—
Russell 1000 Index Non-Lendable Fund F	2,326,436		1,847,971
State Street Custom Government Reserves Fund	806,519		737,220
State Street Custom Short Term Interest Fund (State Street Custom Short Term NL S)	196,500		180,985
Arrowstreet US Equity Collective Fund (a)	712,743		—
Mercer GE International Equity Fund	434,053		319,255
Commodity Index Daily Fund	—		35,219
BlackRock Developed Real Estate Index Non-Lendable Fund	—		147,116
Total Collective Funds	11,690,568		8,942,754








Total investments at fair value	$	17,103,775	$	14,538,186

(a) Effective in 2025, the RSP US Equity Fund is a separate account that invests in a combination of the Arrowstreet US Equity Collective Fund and SSGA US Core Equity Fund (which are not otherwise offered as direct investment options in the Plan), representing a variety of asset classes.

(b) The Target Retirement Date Funds are separate accounts that invest in a combination of the Index Funds as well as the Commodity Index Daily Fund, BlackRock Developed Real Estate Index Non-Lendable Fund , Enhanced Roll Yield Index Fund, FTSE All Equity REITS Index Non-Lending Fund, Long Term Government Bond Index Non-Lending Fund, Long Term Credit Bond Index Non-Lending Fund, Global Core Infrastructure Index Non-Lending Fund, 0-5 Year U.S. TIPS Non-Lendable Fund, and the Russell 1000 Index Non-Lendable Fund (which are not otherwise offered as direct investment options in the Plan), representing a variety of asset classes.

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2025 and 2024

(4) Fair Value Measurements

The Plan's investments measured at fair value on a recurring basis at December 31, 2025 follow.


	Level 1		Level 2		Total
Investments	(in thousands)

Common Stock	$	2,988,451	$	—	$	2,988,451
Registered Investment Companies	2,424,756		—		2,424,756
	$	5,413,207	$	—	$	5,413,207
Investments measured at net asset value(a)
Collective Funds					11,690,568
Total investments at fair value					$	17,103,775

The Plan’s investments measured at fair value on a recurring basis at December 31, 2024 follow.

	Level 1		Level 2		Total
Investments	(in thousands)

Common Stock	$	2,467,366	$	—	$	2,467,366
Registered Investment Companies	3,128,067		—		3,128,067
	$	5,595,433	$	—	$	5,595,433
Investments measured at net asset value(a)
Collective Funds					8,942,753
Total investments at fair value					$	14,538,186

(a) The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the statements of net assets available for plan benefits. Investments in collective funds are valued based on the year-end unit NAV. The NAV is used as a practical expedient to estimate fair value. These investments are priced daily and there are no unfunded commitments or redemption restrictions associated with the funds. The State Street Government Reserve Fund as included in the above collective funds total, comprises of interest-bearing cash and does not file as direct filing entity with the DOL.

(5) Risk and Uncertainties

The Plan offers a number of investment options including the GE Stock Fund and a variety of investment funds, consisting of registered investment companies and collective funds. The registered investment companies and collective funds invest in U.S. equities, international equities and fixed income securities. Investment securities in general, are exposed to various risks, such as interest rate, credit and overall market volatility risk. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur (including in the near term) and that such changes could materially affect participant account balances and amounts reported in the statements of net assets available for plan benefits.

The Plan’s exposure to a concentration of credit risk is limited by the opportunity to diversify investments across multiple participant-directed fund elections including active and passively managed funds covering multiple asset classes. Additionally, the investments within each participant-directed fund election are further diversified into varied financial instruments, with the exception of the GE Stock Fund which primarily invests in a single security.

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2025 and 2024

As of December 31, 2025 and 2024, the following investments each represents more than 10% of the fair value of the Plan's total investments.


	2025		2024
	(in thousands)
GE Aerospace Common Stock	$	2,988,451	$	1,763,873
U.S. Large-Cap Equity Index Fund	2,414,333		2,127,712
Russell 1000 Index Non-Lendable Fund	2,326,436		1,847,971
Non-U.S. Equity Index Fund	1,823,383		—
SSGA US Core Equity Fund	—		2,309,195

(6) Related Party Transactions (Parties in Interest)

The Plan’s recordkeeper, trustee, investment advisors and custodians described in note 1, as well as the Company and Plan participants, are each a “party in interest” to the Plan as defined by ERISA. Parties in interest to the Plan are noted in the Schedule H, Line 4i - Schedule of Assets (Held at End of Year). Any fees paid by the Plan with respect to those or other transactions are described in the GE Retirement Savings Plan Supplemental Information document.

The Plan's investments included GE Aerospace Common Stock, in the GE Stock Fund, as of December 31, 2025 and 2024, and the GE Vernova Common Stock, in the GE Vernova Stock Fund, as of December 31, 2024. The GE Vernova Stock Fund was fully liquidated in April 2025. The Plan purchased $122.8 million and $168.1 million, sold $161.5 million and $756.3 million, and recorded dividend income of $13.9 million and $10.5 million in the GE Stock Fund during the 2025 and 2024 plan years, respectively. The Plan purchased $264.5 million in 2024, sold $202.2 million and $59.9 million in 2025 and 2024, respectively, and recorded dividend income of $0.5 million in 2025 in the GE Vernova Stock Fund.

(7) Tax Status

In December 2016, the Internal Revenue Service began publishing a Required Amendments List for individually designed plans which specifies changes in qualification requirements. The list is published annually and requires plans to be amended for each item on the list, as applicable, to retain its tax-exempt status.

The IRS has notified the Company by a letter dated September 5, 2024, that the Plan is qualified under the appropriate sections of the IRC and that the related trust is tax-exempt.

The portion of a participant’s compensation contributed to the Plan as a pre-tax contribution and the Company’s matching contribution CRCs are not subject to Federal income tax when such contributions are credited to participant accounts, subject to certain limitations. These amounts and any investment results may be included in the participant’s gross taxable income for the year in which such amounts are withdrawn from the Plan.

(8) Amendments

The Plan was amended and restated effective January 1, 2025, and was also subsequently amended during the 2025 plan year to reflect certain design changes.

(9) Subsequent Events

Subsequent events through June 10, 2026, the date that the financial statements were issued, have been evaluated in the preparation of these financial statements. No events occurred that require additional disclosure or adjustments of the Plan's financial statements.

(10) Reconciliation of Financial Statements to Form 5500

Notes receivable from participants are classified as investments per Form 5500 instructions. In addition, any deemed

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2025 and 2024

distributions are not considered to be plan assets per Form 5500 and are excluded from notes receivable from participants. However, these distributions remain a plan asset for purposes of these financial statements until a distributable event occurs and they are offset against plan assets.

A reconciliation of investments per the financial statements to the annual report filed on Form 5500, Schedule H as required by the Department of Labor follows.


	2025		2024
	(in thousands)

Total investments per financial statements	$	17,103,775	$	14,538,186

Total notes receivable per financial statements	118,461		112,779
Deemed distributions	(4,152)		(3,948)
Total notes receivable per Form 5500	114,309		108,831

Total investments per Form 5500	$	17,218,084	$	14,647,017

A reconciliation of total deductions from net assets per the financial statements to the annual report filed on Form 5500, Schedule H as required by the Department of Labor follows.


	2025
	(in thousands)

Total deductions from net assets per financial statements	$	1,500,543
Deemed distributions offset against plan assets	(63)
New deemed distributions	266
Total expenses per Form 5500	$	1,500,746

A reconciliation of amounts per the financial statements to the annual report filed on Form 5500, Schedule H as required by the Department of Labor follows.


	2025		2024
	(in thousands)

Net assets available for plan benefits per the financial statements	$	17,329,454	$	14,740,130
Deemed distributions	(4,152)		(3,948)
Net assets available for plan benefits per the Form 5500	$	17,325,302	$	14,736,182

	2025
	(in thousands)

Total net increase per the financial statements	$	2,589,324
Changes in deemed distributions	(203)
Total net income per the Form 5500	$	2,589,121

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GE AEROSPACE RETIREMENT SAVINGS PLAN

Employer Identification Number: 14-0689340

Plan Number: 334

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

As of December 31, 2025

Identity of Issue, Borrower, Lessor, or Similar Party

Description of Investment

Current Value*

Interest Bearing Cash

State Street Global Advisors Trust Company

Government Reserve Fund

806,518,997

(a),(b)

Total Interest Bearing Cash

806,518,997

Corporate Stocks - Common

General Electric Company

GE Aerospace Common Stock

2,988,450,691

(a)

Total Corporate Stocks - Common

2,988,450,691

Registered Investment Companies

State Street Global Advisors Fund Management

SSGA US Core Equity Fund

1,663,123,469

(a)

State Street Global Advisors Fund Management

SSGA Income Fund

391,317,740

(a)

State Street Global Advisors Fund Management

SSGA Small-Cap Equity Fund

370,316,679

(a)

Total Registered Investment Companies

2,424,757,888

Collective Funds

Blackrock Institutional Trust Company, N.A.

Non-U.S. Equity Index Fund (MSCI ACWI EX-US Index NL Fund F)

1,823,383,246

(a)

Blackrock Institutional Trust Company, N.A.

U.S. Aggregate Bond Index Fund (US Debt Index NL Fund F)

1,290,987,967

(a)

Blackrock Institutional Trust Company, N.A.

U.S. Large-Cap Equity Index Fund (Equity Index NL Fund F)

2,414,332,704

(a)

Blackrock Institutional Trust Company, N.A.

U.S. Mid-Cap Equity Index Fund (Mid Cap Equity NL Fund F)

571,283,551

(a)

Blackrock Institutional Trust Company, N.A.

U.S. Small-Cap Equity Index Fund (Russell 2000 Index NL Fund F)

477,820,997

(a)

Blackrock Institutional Trust Company, N.A.

U.S. Treasury Inflation-Protected Securities Index Fund (US TIPS NL Fund F)

109,145,648

(a)

Blackrock Institutional Trust Company, N.A.

Enhanced Roll Yield Index Fund F

19,369,987

(a)

Blackrock Institutional Trust Company, N.A.

FTSE All Equity REITS Index Non-Lending Fund (FTSE NAREIT All Equity REITS Index)

129,895,586

(a)

Blackrock Institutional Trust Company, N.A.

Long Term Government Bond Index Non-Lending Fund

63,613,673

(a)

Blackrock Institutional Trust Company, N.A.

Long Term Credit Bond Index Non-Lending Fund

86,267,980

(a)

Blackrock Institutional Trust Company, N.A.

0-5 Year U.S. TIPS Non-Lendable Fund

146,028,934

(a)

Blackrock Institutional Trust Company, N.A.

Global Core Infrastructure Index Non-Lending Fund

82,184,659

(a)

Blackrock Institutional Trust Company, N.A.

Russell 1000 Index Non-Lendable Fund

2,326,435,502

(a)

State Street Global Advisors Trust Company

State Street Custom Short Term Interest Fund (State Street Custom Short Term NL S)

196,500,382

(a)

Arrow Street Capital

Arrowstreet US Equity Collective Fund

712,743,277

(a)

Mercer Trust Company

Mercer GE International Equity Fund

434,053,492

(a)

Total Collective Funds

10,884,047,585

Total Investments

17,103,775,161

Notes Receivable from Participants

Rate of Interest

Maturity

Total Notes Receivable from Participants

2.70 -9.67%

1 month - 15 yrs.

114,309,859

(a)**

Total Assets (Held at End of Year)

17,218,085,020


Notes to Schedule of Assets:

(a)			Represents a party in interest to the Plan.
(b)			The State Street Government Reserve Fund does not file as a direct filing entity and is reported as interest bearing cash for Form 5500 reporting purposes.

*			Cost omitted for participant directed investments.
**			Includes grandfathered loans from plan mergers. Net of deemed loans.

See accompanying Report of Independent Registered Public Accounting Firm.

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.


						GE Aerospace Retirement Savings Plan


June 10, 2026						/s/ Robert Giglietti
Date						Robert Giglietti Vice President - Chief Accounting Officer, Controller and Treasurer Principal Accounting Officer


Exhibit Number						Description of the Exhibit

Exhibit 23						Consent of Independent Registered Public Accounting Firm

SEC Form 11-K filed by GE Aerospace