GE Vernova is capitalizing on accelerating grid and gas turbine demand, evidenced by 21.9% revenue growth in 2026Q2, yet underlying profitability remains clouded by one-time gains and persistent wind segment warranty costs. The balance sheet shows rapid asset ...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue accelerated 21.9% year-over-year to $11.1B in 2026Q2, but operating margin of 5.9% remains modest and net income volatility (50.8% net margin in 2026Q1) suggests earnings quality is distorted by non-operating items.
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 9/4/2026, 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) |
|---|---|---|
Q3 2026Latest 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 |
Q4 2025 Oct 22, 2025 | $1.64-4.7% vs $1.72 | $10.0B+9.0% vs $9.1B |
Microsoft and Meta just locked in nuclear power for decades, and the contracts are reshaping how the entire supply chain gets valued.
GE Vernova's backlog has surged to $176 billion. Electrification could become GE Vernova's biggest long-term growth engine.
GE Vernova's shares are surging as grid and electricity demand drives backlog growth, but tariffs, supply risks and premium valuation pose challenges.
The nuclear boom is real, but commercialization is the ultimate test.
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 |
|---|---|---|---|---|---|---|---|
| $941.84 | $250.84B | 53.24 | 8.94% | 12.83% | 42.68% | 0.11% | |
| $131.70 | $8.03B | 22.21 | -0.48% | 4.15% | 5.52% | — | |
| $620.06 | $93.05B | 91.19 | 19.76% | 4.08% | 14.73% | — | |
| $397.12 | $154.2B | 37.97 | 10.33% | 12.76% | 19.51% | — | |
| $150.17 | $84.11B | 37.17 | 3% | 13.83% | 12.68% | — | |
| $460.15 | $24.31B | 27.82 | 3.84% | 14.49% | 23.58% | — |
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)
Jul 22, 2026·SEC
May 22, 2026·SEC
Apr 22, 2026·SEC
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GE Vernova Inc. (GEV) stock FAQ — growth, dividends, profitability & financials explained
GE Vernova Inc. (GEV) reported $41.37B in revenue for fiscal year 2025. This represents a 40% increase from $29.65B in 2022.
GE Vernova Inc. (GEV) grew revenue by 8.9% over the past year. This is steady growth.
Yes, GE Vernova Inc. (GEV) is profitable, generating $9.53B in net income for fiscal year 2025 (12.8% net margin).
Yes, GE Vernova Inc. (GEV) pays a dividend with a yield of 0.11%. This makes it attractive for income-focused investors.
GE Vernova Inc. (GEV) has a return on equity (ROE) of 42.7%. This is excellent, indicating efficient use of shareholder capital.
GE Vernova Inc. (GEV) generated $8.54B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
GE Vernova Inc. (GEV) has a dividend payout ratio of 6%. This suggests the dividend is well-covered and sustainable.
