GE Vernova Q2 2026: revenue $11.1B (+22%), adj EBITDA $1.2B, raises FY guidance

GE Vernova Inc.

2026-Q2 EPS reported $19.96 revenue$20,442,000,000

Orders $24.2B (+88% organic); backlog $176B; Gas Power equipment backlog + slot reservations to 116 GW.
Revenue $11.1B (+22%, +12% organic); net income $0.6B; adjusted EBITDA $1.2B (11.3% margin, +340bps organic).
Free cash flow $5.1B (more than full-year 2025); cash balance $13.1B; raised FY revenue guidance to $45.5-46.5B and FCF to $11.5-12.5B.
Power segment orders +134% organic; Electrification orders +66% organic; Wind orders -40% organic, segment EBITDA loss $275M.
Repurchased 2.5M shares for $2.3B in Q2; paid $0.50 dividend; acquired Robotech Automation.

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