earnings
confidence high
sentiment positive
materiality 0.85
GE Vernova Q4 orders +65% organically to $22.2B; raises 2026 outlook with Prolec GE acquisition
GE Vernova Inc.
2025-FY EPS reported
$17.69
revenue$38,068,000,000
- Q4 revenue $11.0B (+4%, +2% organic), net income $3.7B incl. $2.9B tax benefit; adj. EBITDA $1.2B, margin 10.6%.
- FY 2025 orders $59.3B (+34% organic), revenue $38.1B (+9%), adj. EBITDA $3.2B, FCF $3.7B (doubled YoY).
- Backlog $150B; equipment margin in backlog up 6 pts; Gas Power equipment/slot agreements grew from 62 to 83 GW.
- Acquiring remaining 50% of Prolec GE for $5.275B; close expected Feb 2, 2026. 2026 guidance: rev $44-45B, FCF $5.0-5.5B.
- Dividend doubled to $0.50/share; share repurchase authorization increased to $10B; S&P/Fitch upgraded credit rating.