GE Vernova Inc. (GEV) stock
Close on Oct 30, 2026Market cap $228.48BP/E 24.5Yield 0.15%
Earnings
GE Vernova's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of GE Vernova's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Jan 27, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 28, 2026before the open | $12.64B | +26.8% | $4.81 | – | Release |
| Q2 FY2026ended Jun 30, 2026 | Jul 22, 2026before the open | $11.10B | – | $2.47 | – | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 22, 2026before the open | $9.34B | – | $17.44 | – | Release |
| Q4 FY2025ended Dec 31, 2025 | Jan 28, 2026before the open | $10.96B | +3.8% | $13.39 | – | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 22, 2025before the open | $9.97B | +11.8% | $1.64 | – | Release |
| Q1 FY2025ended Mar 31, 2025 | Apr 23, 2025before the open | – | – | – | – | Release |
| Q4 FY2024ended Dec 31, 2024 | Jan 22, 2025before the open | $10.56B | – | – | – | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 23, 2024before the open | $8.91B | – | -$0.35 | – | Release |
| Q2 FY2024ended Jun 30, 2024 | Jul 24, 2024before the open | $8.20B | – | $4.65 | – | Release |
| Q1 FY2024ended Mar 31, 2024 | Apr 25, 2024before the open | $7.26B | – | -$0.47 | -$0.41 | Release |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
GE Vernova's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| organic revenue* growthnon-GAAP | FY2026 | +18% – +20% | +16% – +18% | Raised | Jul 22, 2026 |
| revenueGAAP | FY2026 | $46.50B – $47.50B | – | New | Oct 28, 2026 |
| revenue | FY2026 | $45.50B – $46.50B | $44.50B – $45.50B | Raised | Jul 22, 2026 |
| adjusted EBITDA margin*non-GAAP | FY2026 | 12% – 14% | 11% – 13% | Lowered | Jul 22, 2026 |
| segment EBITDA margin | FY2026 | 17% – 19% | – | New | Jul 22, 2026 |
| adjusted EBITDA marginnon-GAAP | FY2026 | 13.5% – 14.5% | – | New | Oct 28, 2026 |
| adjusted EBITDA margin*non-GAAP | FY2026 | 12% – 14% | – | New | Apr 22, 2026 |
| segment EBITDA losses | FY2026 | $400.00M | $400.00M | Reaffirmed | Jul 22, 2026 |
| segment EBITDA margin | FY2026 | 17% – 19% | – | New | Apr 22, 2026 |
| Wind : segment EBITDA lossesnon-GAAP | FY2026 | $400.00M | – | New | Jan 28, 2026 |
| free cash flownon-GAAP | FY2026 | $16.00B – $17.00B | – | New | Oct 28, 2026 |
| free cash flow*non-GAAP | FY2026 | $11.50B – $12.50B | $6.50B – $7.50B | Raised | Jul 22, 2026 |
| revenue | FY2028 | $56.00B | – | New | Jan 28, 2026 |
| adjusted EBITDA margin*non-GAAP | FY2028 | $20.00B | – | New | Jan 28, 2026 |
| Power : segment EBITDA marginnon-GAAP | FY2028 | 22% | – | New | Jan 28, 2026 |
| cumulative free cash flow*non-GAAP | FY2028 | $24.00B | – | New | Jan 28, 2026 |
Guidance history
Every forecast GE Vernova put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Oct 28, 2026 | adjusted EBITDA margin | FY2026 | 13.5% – 14.5% | New |
| Oct 28, 2026 | free cash flow | FY2026 | $16.00B – $17.00B | New |
| Oct 28, 2026 | revenue | FY2026 | $46.50B – $47.50B | New |
| Jul 22, 2026 | segment EBITDA losses | FY2026 | $400.00M | Reaffirmed |
| Jul 22, 2026 | free cash flow* | FY2026 | $11.50B – $12.50B | Raised |
| Jul 22, 2026 | segment EBITDA margin | FY2026 | 17% – 19% | New |
| Jul 22, 2026 | segment EBITDA margin | FY2026 | 18% – 20% | Raised |
| Jul 22, 2026 | adjusted EBITDA margin* | FY2026 | 12% – 14% | Lowered |
| Jul 22, 2026 | organic revenue* growth | FY2026 | +18% – +20% | Raised |
| Jul 22, 2026 | revenue | FY2026 | $45.50B – $46.50B | Raised |
| Jul 22, 2026 | Revenue | FY2026 | $14.50B – $15.00B | Lowered |
| Apr 22, 2026 | segment EBITDA margin | FY2026 | 17% – 19% | New |
| Apr 22, 2026 | segment EBITDA margin | FY2026 | 18% – 20% | Raised |
| Apr 22, 2026 | adjusted EBITDA margin* | FY2026 | 12% – 14% | New |
| Apr 22, 2026 | segment EBITDA losses | FY2026 | $400.00M | New |
| Apr 22, 2026 | free cash flow* | FY2026 | $6.50B – $7.50B | Raised |
| Apr 22, 2026 | organic revenue* growth | FY2026 | +16% – +18% | Reaffirmed |
| Apr 22, 2026 | revenue | FY2026 | $44.50B – $45.50B | Raised |
| Apr 22, 2026 | Revenue | FY2026 | $14.00B – $14.50B | Lowered |
| Jan 28, 2026 | Wind : segment EBITDA losses | FY2026 | $400.00M | New |
| Jan 28, 2026 | free cash flow* | FY2026 | $5.00B – $5.50B | New |
| Jan 28, 2026 | cumulative free cash flow* | FY2028 | $24.00B | New |
| Jan 28, 2026 | adjusted EBITDA margin* | FY2026 | 11% – 13% | New |
| Jan 28, 2026 | Power : segment EBITDA margin | FY2026 | 16% – 18% | Raised |
| Jan 28, 2026 | Electrification : segment EBITDA margin | FY2026 | 17% – 19% | Raised |
| Jan 28, 2026 | Power : segment EBITDA margin | FY2028 | 22% | New |
| Jan 28, 2026 | Wind : segment EBITDA margin | FY2028 | 6% | Lowered |
| Jan 28, 2026 | Electrification : segment EBITDA margin | FY2028 | 22% | Raised |
| Jan 28, 2026 | adjusted EBITDA margin* | FY2028 | $20.00B | New |
| Jan 28, 2026 | Power : organic revenue* growth | FY2026 | +16% – +18% | New |
| Jan 28, 2026 | revenue | FY2026 | $44.00B – $45.00B | New |
| Jan 28, 2026 | Electrification : Revenue | FY2026 | $13.50B – $14.00B | Lowered |
| Jan 28, 2026 | revenue | FY2028 | $56.00B | New |
| Oct 22, 2025 | Wind : segment EBITDA losses | FY2025 | -$400.00M | New |
| Oct 22, 2025 | free cash flow* | FY2025 | $3.00B – $3.50B | New |
| Oct 22, 2025 | Power : segment EBITDA margin | FY2025 | 14% – 15% | New |
| Oct 22, 2025 | Electrification : segment EBITDA margin | FY2025 | 14% – 15% | Reaffirmed |
| Oct 22, 2025 | adjusted EBITDA margin* | FY2025 | 8% – 9% | New |
| Oct 22, 2025 | Electrification : organic revenue* growth | FY2025 | +25% | Raised |
| Oct 22, 2025 | revenue | FY2025 | $36.00B – $37.00B | New |
| Oct 22, 2025 | Power : organic revenue* growth | FY2025 | +6% – +7% | New |
| Apr 23, 2025 | segment EBITDA margin | FY2025 | 13% – 14% | New |
| Apr 23, 2025 | segment EBITDA margin | FY2025 | 11% – 13% | Lowered |
| Apr 23, 2025 | segment EBITDA losses | FY2025 | $200.00M – $400.00M | New |
| Apr 23, 2025 | free cash flow* | FY2025 | $2.00B – $2.50B | Reaffirmed |
| Apr 23, 2025 | revenue | FY2025 | $36.00B – $37.00B | Reaffirmed |
| Jan 22, 2025 | segment EBITDA margin | FY2025 | 13% – 14% | New |
| Jan 22, 2025 | segment EBITDA margin | FY2025 | 11% – 13% | Lowered |
| Jan 22, 2025 | segment EBITDA losses | FY2025 | -$400.00M – -$200.00M | New |
| Jan 22, 2025 | free cash fl ow* | FY2025 | $2.00B – $2.50B | New |
| Jan 22, 2025 | revenue | FY2025 | $36.00B – $37.00B | New |
| Oct 23, 2024 | segment EBITDA improvement | FY2024 | +50% | New |
| Oct 23, 2024 | free cash fl ow* | FY2024 | $1.30B – $1.70B | Reaffirmed |
| Oct 23, 2024 | adjusted EBITDA margin* | FY2024 | 5% – 7% | Reaffirmed |
| Oct 23, 2024 | revenue | FY2024 | $34.00B – $35.00B | Reaffirmed |
| Jul 24, 2024 | free cash flow* | FY2024 | $1.30B – $1.70B | Raised |
| Jul 24, 2024 | adjusted EBITDA margin* | FY2024 | 5% – 7% | New |
| Jul 24, 2024 | revenue | FY2024 | $34.00B – $35.00B | Reaffirmed |
| Apr 25, 2024 | free cash flow* | FY2024 | $700.00M – $1.10B | New |
| Apr 25, 2024 | cash from operating activities | FY2024 | $1.50B – $1.90B | New |
| Apr 25, 2024 | revenue | FY2024 | $34.00B – $35.00B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases GE Vernova filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
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- News
- Results
- Update
- Update