Earnings ·
GE Vernova reports Q3 revenue of $12.6B, raises 2026 guidance and increases share repurchase authorization to $20B
GEVGE Vernova Inc.
GE Vernova Inc. reported third-quarter 2026 results with revenue of $12.6 billion, a 27% increase year-over-year, driven by strong demand in Power and Electrification segments. Net income reached $1.3 billion, while adjusted EBITDA rose to $1.9 billion. The company raised its full-year 2026 guidance, now expecting revenue of $46.5-$47.5 billion and free cash flow of $16-$17 billion. Additionally, the Board increased the share repurchase authorization from $10 billion to $20 billion. GE Vernova operates in the energy infrastructure sector, providing power generation equipment, electrification technologies, and wind energy solutions.