GE HealthCare Q2 Orders Rise 11.1% as Backlog Reaches $23.9B
GE HealthCare starts Q3 with much of its revenue secured, with nearly 85% of entering equipment revenue already booked. Q2 organic orders rose 11.1% year over year and backlog reached $23.9 billion, up $2.6 billion. The firm projects 3%–4% organic revenue growth in Q3 and expects visibility extending into 2027.