General Electric
Q1 2022 Earnings Call
Apr 26, 2022, 8:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, ladies and gentlemen, and welcome to the first quarter 2022 General Electric Company earnings conference call. [Operator instructions] My name is Brandon, and I'll be your conference coordinator today. [Operator instructions] As a reminder, this conference is being recorded. I would now like to turn the program over to your host for today's conference, Steve Winoker, vice president of investor relations.
Please proceed.
Steve Winoker -- Vice President of Investor Relations
Thanks, Brandon. Welcome to GE's first quarter 2022 earnings call. I'm joined by Chairman and CEO Larry Culp and CFO Carolina Dybeck Happe. Keep in mind that some of the statements we're making are forward-looking and are based on our best view of the world and our businesses as we see them today.
As described in our SEC filings and on our website, those elements may change as the world changes. With that, I'll hand the call over to Larry.
Larry Culp -- Chairman and Chief Executive Officer
Steve, thanks, and good morning, everyone. I'd like to start by addressing the devastating war in Ukraine. The GE team stands proudly with the people of Ukraine. As we shared last month, we have suspended our operations in Russia with the exception of some essential activities, primarily in healthcare.
We've also made a multimillion-dollar contribution through philanthropic commitments and medical equipment to assist those who have been directly impacted by the events. I'm inspired by the more than 50 GE employees in the surrounding regions who have opened the doors of their homes to Ukrainian refugees and have volunteered their time to help with other refugee efforts. Now let me turn to our results, starting on Slide 2. I'm proud of how our team drove improved services, orders, and cash as we managed through increasing challenges in the first quarter.
Orders were up 13% organically, with strength in both services and equipment and we saw double-digit growth in aviation and power. Revenue was up slightly, driven by growth in higher-margin services in all segments. We saw continued momentum at aviation with revenue up double digits. This however was largely offset by supply chain constraints in all segments, especially healthcare and aviation, U.S.