earnings
confidence high
sentiment positive
materiality 0.80
GE Vernova Q1 net income $264M, up $370M YoY; FCF $975M; reaffirms 2025 guidance
GE Vernova Inc.
2025-Q1 EPS reported
$0.91
revenue$8,032,000,000
- Revenue $8.0B (+11% GAAP, +15% organic); net income $264M ($0.91 EPS) vs loss $106M.
- Adjusted EBITDA $457M, margin 5.7%; free cash flow $975M, up $1.6B YoY.
- Power orders +28% organic, margin 11.5% (+290 bps); Wind margin -7.9% (+270 bps); Electrification margin 11.4% (+740 bps).
- Reaffirms 2025 guidance: revenue $36-37B, FCF $2.0-2.5B, EBITDA margin high-single digit; tariffs impact estimated $300-400M.
- Returned $1.5B to shareholders via buybacks ($1.2B in Q1, $0.3B in April) and $0.25/share quarterly dividend; cash $8.1B.