GE Vernova Inc. — fact timeline

GE Vernova Inc. updated its 2026 guidance (raised).

“we are increasing our guidance for 2026 revenue, adjusted EBITDA margin, and free cash flow”

GE Vernova Inc. reported first quarter ending March 31, 2026 results: revenue $9.3 B, net income $4.7 B.

“Revenue of $9.3 B, + 16% , + 7% organically* led by equipment at Electrification and Power • Net income of $4.7 B; net income margin of 50.9% ; inclusive of $4.5 B pre-tax M&A net gains, primarily from Prolec GE”

Martina Hund-Mejean was elected as Director at GE Vernova Inc..

“On May 16, 2024, the Board of Directors (“Board”) of GE Vernova Inc. (“Company”) increased its size to nine members and elected Martina Hund-Mejean as a director of the Company, effective immediately, to fill the newly created vacancy.”

GE Vernova Inc. reported first quarter 2024 results: revenue $7,260 million, net income $(106) million, EPS $(0.47) per share. Guidance reaffirmed.

“Guidance: GE Vernova reaffirmed its 2024 financial guidance for revenue of $34-35 billion, adjusted EBITDA margin* at the high end of mid-single digits, cash from operating activities of $1.5-1.9 billion, and free cash flow* of $0.7-1.1 billion. Additionally, GE Vernova reaffirmed segment guidance of: • Power: mid-single digit organic revenue* growth with ~100bps of organic EBITDA margin* expansion. • Wind: flat organic revenue* growth, approaching profitability. • Electrification: low double-digit organic revenue* growth with mid-single digit segment EBITDA margins. Total Company Results Three months ended March 31 (Dollars in millions, except per share) 2024 2023 Year-on-Year GAAP Metrics Total Revenues $7,260 $6,822 6% Net Income (loss) $(106) $(346) $240 Net Income (loss) margin (1.5) % (5.1) % 360bps EPS(a) $(0.47) $(1.15) 59% Cash from (used for) Operating Activities $(444) $(690) $246 Non-GAAP Metrics Organic Revenues $7,169 $6,829 5% Adjusted EBITDA $189 $(185) $374 Adjusted EB”

Stephen Angel was appointed as Non-Executive Chair at GE Vernova Inc..

“As of and following the effective time of the Spin-Off, Mr. Angel will continue to serve as a member of the Board and the Nominating and Governance Committee and will serve as our non-executive chair.”

Kim Rucker was appointed as Director at GE Vernova Inc..

“Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.”

Paula Rosput Reynolds was appointed as Director at GE Vernova Inc..

“Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.”

Jesus Malave was appointed as Director at GE Vernova Inc..

“Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.”

Matthew Harris was appointed as Director at GE Vernova Inc..

“Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.”

Arnold Donald was appointed as Director at GE Vernova Inc..

“Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.”

Stephen Angel was appointed as Director at GE Vernova Inc..

“Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.”

Nicholas Akins was appointed as Director at GE Vernova Inc..

“Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.”

Scott Strazik was appointed as Director at GE Vernova Inc..

“Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.”

Giglietti was removed as Director at GE Vernova Inc..

“Mr. Phillips and Mr. Giglietti were removed from the Board immediately prior to the consummation of the Spin-Off.”

John R. Phillips, III was removed as Director at GE Vernova Inc..

“Mr. Phillips and Mr. Giglietti were removed from the Board immediately prior to the consummation of the Spin-Off.”

John R. Phillips, III was appointed as Director at GE Vernova Inc..

“On March 27, 2024, the sole manager of the Board of GE Vernova LLC appointed Stephen Angel and John R. Phillips, III to serve as managers of the Board, increasing the size of the Board from one manager to three managers, effective as of March 27, 2024.”

Stephen Angel was appointed as Director at GE Vernova Inc..

“On March 27, 2024, the sole manager of the Board of GE Vernova LLC appointed Stephen Angel and John R. Phillips, III to serve as managers of the Board, increasing the size of the Board from one manager to three managers, effective as of March 27, 2024.”