GE Vernova 2Q FY26 adjusted EBITDA climbs 62% to $1.25 billion; revenue rises 22% to $11.1 billion

Reuters2026/07/22 10:21

By:Reuters

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GE Vernova posted 2Q 2026 net income of $649 million, up 32% year over year, on revenue of $11.1 billion, up 12%.
Adjusted EBITDA rose to $1.25 billion from $770 million, lifting adjusted EBITDA margin 2.8 percentage points to 11.3%.
Free cash flow climbed to $5.11 billion from $194 million, while backlog increased to $176.3 billion from $128.7 billion.
Power revenue rose 14% to $5.48 billion; Electrification revenue climbed 68% to $3.64 billion, while Wind revenue fell 10% to $2.03 billion.
GE Vernova raised 2026 free cash flow guidance to $11.5 billion-$12.5 billion from $6.5 billion-$7.5 billion; revenue outlook increased to $45.5 billion-$46.5 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GE Vernova Inc. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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GE Vernova 2Q FY26 adjusted EBITDA climbs 62% to $1.25 billion; revenue rises 22% to $11.1 billion

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