NYSE$GEV

GE Vernova LLC · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

GE Vernova reported Q1 2026 revenue of $9.3B and net income of $4.7B, with diluted EPS of $17.44.

Total revenues were $9.3 billion (+$1.3B YoY). Net income was $4.7 billion with a 50.9% margin; diluted EPS was $17.44. RPO reached $163.3 billion on record equipment and services bookings; free cash flow was $4.8 billion.

  • Revenue $9.3B; net income $4.7B; diluted EPS $17.44.
  • RPO $163.3B on strong Power and Wind orders.
  • Adjusted EBITDA $0.9B (+$0.4B YoY).
  • Free cash flow $4.8B in the quarter.

Headline financials

Total Revenue

$9.34B

Previous: $8.03B+16.3%
EPS (adj)

$17.44

Previous: $0.91+1816.5%
Capital Expenditures

-$397M

Previous: -$186M-113.4%
Free Cash Flow

$4.79B

Previous: $975M+391.4%
Net Income

$4.75B

Previous: $264M+1697.3%
Operating Income

$179M

Previous: $43M+316.3%
Gross Profit

$1.78B

Previous: $1.47B+21.2%
Total Assets

$75.6B

No prior period

Revenue & EPS history

GE Vernova · Revenue · Quarterly

$9.34B

Q1 2026+16.3%vs Q1 2025
Beat estimate in 6 of 9 quarters(67%)
ActualEstimate

Forward guidance

Management outlook in the 10-Q covers operating priorities, capital allocation, and sector risks; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights strategic priorities and liquidity.
  • Segment or product trends support the core business narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 10 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+2.7%

Avg return

Earnings day

+4.4%

Avg return

5 days after

+13.3%

Avg return

30 days after

73%

8 / 11 earnings

Positive

+14.6%

Q2 2025

Best reaction

-6.2%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%+13.0%+4.9%
Q4 2025+2.9%+9.0%+26.1%
Q3 2025-2.1%-0.2%-5.0%
Q2 2025+14.6%+18.0%+10.6%
Q1 2025+3.1%+13.5%+42.4%
Q4 2024+2.7%-20.7%-21.2%
Q3 2024+7.4%+4.6%+26.3%
Q3 2023+7.4%+4.6%+26.3%
Q2 2024-6.2%+0.9%+7.5%
Q2 2023-6.2%+0.9%+7.5%
Q1 2024+4.7%+5.2%+21.4%
Q4 2023

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