earnings
confidence high
sentiment positive
materiality 0.85
GE Vernova Q3 revenue $10B, adj EBITDA $811M; reaffirms guidance; acquires Prolec GE stake for $5.275B
GE Vernova Inc.
2025-Q3 EPS reported
$4.41
revenue$27,112,000,000
- Orders $14.6B (+55% organic); revenue $10B (+10% organic); net income $453M vs loss last year.
- Adjusted EBITDA $811M (margin 8.1%), up from $243M; free cash flow $732M.
- Backlog growth: Gas Power backlog + slot reserve from 55 to 62 GW sequentially; Electrification equipment backlog ~$26B.
- Announced acquisition of remaining 50% of Prolec GE for $5.275B, expected close mid-2026; also Proficy sale for $0.6B.
- 2025 guidance reaffirmed: revenue trend high-end $36-37B, adj EBITDA margin 8-9%, FCF $3-3.5B.