GE Vernova Raises 2026 Revenue Guidance on $11.1 Billion Quarter Beat, Misses Earnings
GE Vernova reported second-quarter revenue of $11.1 billion, beating analyst estimates and raising its full-year sales forecast to $45.5 billion–$46.5 billion. The company recorded $24.2 billion in new orders, including data center sales exceeding $5 billion year-to-date.
Earnings per share missed forecasts at $2.47, while adjusted EBITDA came in just below guidance. The contract backlog expanded to $176 billion, with a wind segment loss of approximately $400 million. Gas power backlog and slot reservations reached 116 gigawatts.
From the sources (3 posts)
@financialjuice$GEV GE Vernova Q2 Earnings EPS $2.47 vs. $1.86 y/y Rev. $11.10B, est. $10.82B Adj. EBITDA $1.25B, est. $1.29B Net income $649M, +32% y/y Gas power backlog, slot reservations grew to 116GW
@wallstengine$GEV Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $11.10B (Est. $10.7B) 🟢; +22% YoY 🔹 Orders: $24.2B; +88% organic 🔹 Backlog: $176B; +$13B QoQ 🔹 Data Center Orders: Over $5B YTD, more than double 2025 total FY Guide: 🔹 Revenue: $45.5B-$46.5B (Est
@stockmktnewzGE VERNOVA $GEV JUST REPORTED EARNINGS EPS of $2.47 missing expectations of $3.10 Revenue of $11.1B beating expectations of $10.8B GEV raised its full year 2026 guidance up to ~$46B from $45B