Company Reports

GE Vernova had yet another strong second quarter, with power and electrification propelling results higher. Second-quarter orders surged a resounding 88% organically, implying a book/bill of roughly 2.2 times, while gas power equipment backlog and slot reservation agreements grew to 116 GW.

GE Vernova’s strategy centers on developing equipment and services that enable electrification and decarbonization. The company's power segment largely consists of its gas power business, which has the largest installed gas turbine fleet in the world.

GE Vernova reported stellar first-quarter results, with orders of $18.3 billion rising 71% organically year on year across all segments and backlog growth of $13 billion sequentially. The firm has increased the backlog to $163 billion from $116 billion since its spinoff two years ago.

GE Vernova’s strategy centers on developing equipment and services that enable electrification and decarbonization. The company's power segment largely consists of its gas power business, which has the largest installed gas turbine fleet in the world.

GE Vernova’s strategy is centered on developing equipment and services that enable electrification and decarbonization. The company's power segment largely consists of its gas power business, which has the largest installed gas turbine fleet in the world.

GE Vernova’s strategy is centered on developing equipment and services that enable electrification and decarbonization. The company's power segment largely consists of its gas power business, which has the largest installed gas turbine fleet in the world.

GE Vernova reported quarterly revenue of $11 billion (up 4% year on year) and EBITDA margin of 10.6%. The company revised its 2026 financial guidance higher to incorporate the pending Prolec GE acquisition.

GE Vernova provided an updated financial outlook at its Dec. 9 investor update. The firm raised its top line and margin expectations, expecting revenue to grow low double digits per year through 2028 and EBITDA margin of at least 20% (14% prior). Shares rose 6% in after-hours trading.

GE Vernova’s strategy is centered on developing equipment and services that enable electrification and decarbonization. The company's power segment largely consists of its gas power business, which has the largest installed gas turbine fleet in the world.

GE Vernova reported quarterly revenue of $10 billion (up 12% year on year) and EBITDA margin of 8.1%. Full-year financial guidance was reaffirmed as upside in electrification was offset by weakness in wind.

GE Vernova shares continue to be one of the biggest beneficiaries of rising artificial intelligence power demand, with shares up approximately 90% year to date.

GE Vernova’s strategy is centered on developing equipment and services that enable electrification and decarbonization. The company's power segment largely consists of its gas power business, which has the largest installed gas turbine fleet in the world.

GE Vernova reported quarterly revenue of $9.1 billion (up 11% year on year) and EBITDA margin of 8.5%. The company also raised its full-year guidance for revenue, EBITDA, and free cash flow.

GE Vernova’s strategy is centered on developing equipment and services that enable electrification and decarbonization. The company's power segment largely consists of its gas power business, which has the largest installed gas turbine fleet in the world.

GE Vernova’s strategy is centered on developing equipment and services that enable electrification and decarbonization. The company's power segment largely consists of its gas power business, which has the largest installed gas turbine fleet in the world.

GE Vernova shares are up nearly 50% year to date, handily outperforming the broad market, as outer-year financial expectations continue to increase.

On May 12 the House Ways and Means Committee released its long-awaited budget reconciliation bill. The bill includes updates to key clean energy incentives established or extended under the Inflation Reduction Act.

GE Vernova reported first-quarter revenue of $8.0 billion and an EBITDA margin of 5.7%. 2025 guidance was reaffirmed despite a $300 million-$400 million net impact from tariffs. Orders of $10.2 billion resulted in a book/bill ratio of 1.3 times.

On April 2, 2025, the US government imposed widespread tariffs consisting of a 10% universal tariff on all imported goods as well as country-specific tariffs. The universal tariff goes into effect on April 5, while country-specific tariffs are slated to take effect on April 9.

GE Vernova’s strategy is centered on developing equipment and services that enable electrification and decarbonization. The company's power segment largely consists of its gas power business, which has the largest installed gas turbine fleet in the world.