GE Vernova Inc. (GEV) reported a robust second quarter for 2026, with revenues soaring to $11.1 billion, a 22% year-over-year increase. The company also experienced a substantial 88% increase in orders, totaling $24.2 billion. Additionally, GEV’s backlog grew by $13 billion to approximately $176 billion, indicating strong future revenue potential.
Adjusted EBITDA reached $1.2 billion, with an adjusted EBITDA margin of 11.3%, an improvement of 340 basis points year-over-year. Reflecting this positive momentum, GEV has raised its revenue guidance for 2026 to $45.5-$46.5 billion, up from $44.5-$45.5 billion, and has increased its free cash flow guidance to $11.5-$12.5 billion from $6.5-$7.5 billion.
The Zacks Consensus Estimate suggests an increase in earnings per share (EPS) for 2026 by 74.11%, although a decline of 21.2% is expected for 2027. GEV shares have risen 30.4% over the past six months, outperforming the industry’s 5.5% decline.
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