GE Vernova Q2 FY26 net income rises 32% to $649 million; revenue climbs 22% to $11.1 billion

Reuters2026/07/22 10:20

By:Reuters

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GE Vernova posts Q2 net income of $649 million, up 32%, as revenue climbs 22% to $11.1 billion.
Orders more than doubled to $24.2 billion, while backlog rises $13 billion sequentially to $176 billion.
Adjusted EBITDA increases 62% to $1.25 billion; adjusted EBITDA margin widens 2.8 percentage points to 11.3%.
Operating cash flow surges to $5.49 billion, lifting free cash flow to $5.11 billion, more than all of 2025.
Raises 2026 outlook for revenue to $45.5-$46.5 billion and free cash flow to $11.5-$12.5 billion; targets at least 125 GW gas equipment under contract by year-end.

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 Q2 FY26 net income rises 32% to $649 million; revenue climbs 22% to $11.1 billion

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