GE Vernova Reports Strong Q3 2026 Results and Raises Full-Year Guidance
GE Vernova (GEV) delivered robust third-quarter results, characterized by $12.6 billion in revenue—an 18% organic increase driven by high equipment volumes in the Power and Electrification segments. The company significantly improved its profitability, reporting an adjusted EBITDA of $1.9 billion and a substantial free cash flow of $5.4 billion, aided by working capital benefits from order down payments. Driven by intense demand for electricity infrastructure, particularly from data centers and utilities, the company raised its full-year revenue guidance to a range of $46.5 billion to $47.5 billion and increased its free cash flow outlook to between $16 billion and $17 billion. Strategic moves include the announced $9 billion acquisition of Trench Group to bolster high-voltage grid capabilities and a doubled share repurchase program totaling $20 billion.
Tickers: $GEV
Topics: Backlog Increase Data Center Demand EBITDA Expansion Free Cash Flow Revenue Growth