---
schema_version: "secwatch.filing_event.v1"
accession: "0001996810-24-000004"
form_type: "8-K"
ticker: "GEV"
cik: "0001996810"
company_name: "GE Vernova Inc."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:20:55.150209+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GE Vernova Q1 revenue $7.3B +6%; net loss narrows to $106M; reaffirms guidance

## Summary
- Total revenue $7.26B (+6% YoY); net loss $(106)M improved from $(346)M.
- Adjusted EBITDA $189M vs. $(185M) YoY; margin 2.6% (+530bps).
- Free cash flow $(661)M, improved $153M from Q1 2023; reaffirms 2024 FCF guidance $0.7-1.1B.
- Power segment orders $5.0B (+24% organic) on HA/Aeroderivative gas turbines; Electrification revenue +21% organic.
- Wind segment revenue $(1.6)B (-7% organic); Onshore Wind positive EBITDA for third consecutive quarter.

## SEC filing metadata
- accession: 0001996810-24-000004
- form_type: 8-K
- ticker: GEV
- cik: 0001996810
- company_name: GE Vernova Inc.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1996810/000199681024000004/0001996810-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1996810/000199681024000004/gev-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001996810-24-000004
- JSON: https://secwatch.observer/filing/0001996810-24-000004.json
- Plain text: https://secwatch.observer/filing/0001996810-24-000004.txt

## Key facts
- Earnings Releases
  GE Vernova Inc. reported first quarter 2024 results: revenue $7,260 million, net income $(106) million, EPS $(0.47) per share. Guidance reaffirmed.
  - Period: first quarter 2024
  - Revenue: $7,260 million
  - Net income: $(106) million
  - EPS: $(0.47) per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Guidance: GE Vernova reaffirmed its 2024 financial guidance for revenue of $34-35 billion, adjusted EBITDA margin* at the high end of mid-single digits, cash from operating activities of $1.5-1.9 billion, and free cash flow* of $0.7-1.1 billion. Additionally, GE Vernova reaffirmed segment guidance of: • Power: mid-single digit organic revenue* growth with ~100bps of organic EBITDA margin* expansion. • Wind: flat organic revenue* growth, approaching profitability. • Electrification: low double-digit organic revenue* growth with mid-single digit segment EBITDA margins. Total Company Results Three months ended March 31 (Dollars in millions, except per share) 2024 2023 Year-on-Year GAAP Metrics Total Revenues $7,260 $6,822 6% Net Income (loss) $(106) $(346) $240 Net Income (loss) margin (1.5) % (5.1) % 360bps EPS(a) $(0.47) $(1.15) 59% Cash from (used for) Operating Activities $(444) $(690) $246 Non-GAAP Metrics Organic Revenues $7,169 $6,829 5% Adjusted EBITDA $189 $(185) $374 Adjusted EB
  evidence_url: https://www.sec.gov/Archives/edgar/data/1996810/000199681024000004/0001996810-24-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
