earnings
confidence high
sentiment positive
materiality 0.80
GE Vernova Q1 net income $4.75B (incl. $4.5B M&A gain); raises full-year guidance
GE Vernova Inc.
2026-Q1 EPS reported
$17.44
revenue$9,339,000,000
- Orders $18.3B (+71% organic); revenue $9.3B (+7% organic); adjusted EBITDA $0.9B, nearly double YoY.
- Free cash flow $4.8B, more than quadruple YoY; cash balance $10.2B.
- Raises 2026 guidance: revenue $44.5-45.5B, adj. EBITDA margin 12-14%, FCF $6.5-7.5B.
- Electrification orders surged 86% organically; Power orders +59%; Wind orders +85% but revenue -25% organic.
- Completed $5.3B Prolec GE acquisition and issued $2.6B senior notes; backlog grew $13B to $163B.