GE Vernova's revenue expanded to $12.6B in 2026Q3, up 26.8% year over year, suggesting demand is broadening beyond its legacy turbine base. However, operating margin of 11.0% in that quarter followed a 1.9% margin in 2026Q1, and that 50.8% net margin in the same period implies non-operating items that warrant further…
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Revenue climbed from $8.0B in 2025Q1 to $12.6B in 2026Q3 while operating margin recovered from 0.9% to 11.0%, though quarterly margins remained volatile at 1.9% and 5.9% in the intervening periods.
GEV's backlog has reached $163 billion, with orders growing 71% year-over-year, driven by AI data centers and grid modernization.
In Q1 2026, GEV exceeded earnings expectations and raised FY2026 revenue guidance to $44.5-45.5 billion, with free cash flow projected at $6.5-7.5 billion.
The Electrification segment is emerging as a primary growth engine, with Q1 2026 data center-related orders already surpassing the entirety of 2025.
GEV trades at a forward P/E ratio of approximately 37x, considered high for an industrial equipment maker, with a free cash flow yield of only 2.2%.
The Wind segment reported an EBITDA loss of $382 million in Q1 2026, with further pressure expected in the near term.
Challenges include execution on long-cycle projects, tariff exposure estimated at $250-350 million in 2026, and potential pricing pressures.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $4.81+19.4% vs $4.03 | $12.6B+5.4% vs $12.0B |
Q3 2026 Jul 22, 2026 | $2.47-22.1% vs $3.17 | $11.1B+2.9% vs $10.8B |
Q2 2026 Apr 22, 2026 | $17.44+794.4% vs $1.95 | $9.3B+0.9% vs $9.3B |
Q1 2026 Jan 28, 2026 | $13.39+357.0% vs $2.93 | $11.0B+7.4% vs $10.2B |
GE Vernova provides essential technology for global power generation and electrification. Vistra operates as a major integrated power producer with growing exposure to data center energy demand.
Industrial stocks are sliding on fears of a Democratic sweep, yet one power equipment maker keeps stacking orders while its stock gets cheaper. This investor sees the selloff as a buying window, and the reasons go beyond politics.
Associated Banc Corp purchased a new stake in GE Vernova Inc. (NYSE: GEV) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 746 shares of the company's stock, valued at approximately $709,000. Other institutional investors also recently modified their
GE Vernova provides the essential hardware and services for power generation and grid modernization across the globe. NextEra Energy maintains a massive regulated utility in Florida alongside the world's largest renewable energy development business.
Benchmark GEV against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for GE Vernova Inc. (GEV)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $774.11 | $206.17B | 20.01 | 8.94% | 23.54% | 78.23% | 0.13% | |
| $150.52 | $9.17B | 17.42 | -0.48% | 4.63% | 6.17% | — | |
| $540.90 | $81.17B | 48.78 | 19.76% | 4.54% | 17.58% | 0.07% | |
| $341.72 | $132.69B | 34.15 | 10.33% | 12.19% | 19.34% | 1.22% | |
| $162.35 | $90.93B | 33.84 | 5.36% | 14.14% | 13.14% | 1.36% | |
| $429.45 | $22.69B | 25.09 | 3.84% | 13.78% | 23.14% | 1.25% |
GE Vernova Inc. (GEV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
GE Vernova Inc. (GEV) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 28, 2026·SEC
Jul 22, 2026·SEC
May 22, 2026·SEC
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GE Vernova Inc. (GEV) stock FAQ — growth, dividends, profitability & financials explained
GE Vernova Inc. (GEV) reported $44.04B in revenue over the trailing twelve months. Revenue was $38.07B in fiscal year 2025. That is 28% more than the $29.65B of fiscal year 2022.
GE Vernova Inc. (GEV) grew revenue by 16.9% over the trailing twelve months, compared with the twelve months before.
Yes. GE Vernova Inc. (GEV) earned $10.37B in net income over the trailing twelve months (a 23.5% net margin).
Yes. GE Vernova Inc. (GEV) pays a dividend that yields 0.13% at the current price, a small yield.
GE Vernova Inc. (GEV) had a return on equity (ROE) of 78.2% over the trailing twelve months. That is well above the market's typical 10-15%.
GE Vernova Inc. (GEV) generated $13.22B in free cash flow over the trailing twelve months.
GE Vernova Inc. (GEV) has a dividend payout ratio of 6%. This suggests the dividend is well-covered and sustainable.
