NYSE$GEV

GE Vernova LLC · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

GE Vernova reported Q3 2025 total revenues of $9.97B with net income of $1.05B and adjusted EPS of $1.56.

Total revenues were $9.97 billion as power and wind equipment orders accelerated. Net income was $1.05 billion; adjusted EPS was $1.56. Electrification and grid modernization demand support a multi-year backlog build.

  • Q3 total revenues $9.97B.
  • Net income $1.05B; adjusted EPS $1.56.
  • Power and electrification orders grew on grid investment.
  • Wind profitability and supply chain remain execution focuses.

Headline financials

Total Revenue

$9.97B

Previous: $8.91B+11.8%
EPS (adj)

$1.56

Previous: -$0.35+545.7%
Orders

$14.6B

No prior period
Backlog Growth

$6.6B

No prior period
Gas Power backlog

62.0B

No prior period
Net income margin

4.5%

No prior period
Adjusted EBITDA

$811M

No prior period
Adj. EBITDA Margin

8.1%

No prior period
Cash from operations

$980M

No prior period
Share repurchase

$700M

No prior period
Dividends paid

$0.25

No prior period
Free Cash Flow

$452M

Previous: -$96M+570.8%
Net Income

$452M

Previous: -$96M+570.8%
Operating Income

$366M

Previous: -$359M+201.9%
Gross Profit

$1.9B

Previous: $1.11B+71.1%

Revenue & EPS history

GE Vernova · Revenue · Quarterly

$9.97B

Q3 2025+11.8%vs Q3 2024
Beat estimate in 6 of 9 quarters(67%)
ActualEstimate

Forward guidance

The filing discusses GE Vernova's outlook, including capital allocation, operating priorities, and market risks relevant to the reported quarter.

Tailwinds

  • GE Vernova cites operational priorities and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter 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 Q3 2025

Historical avgQ3 2025

+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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