GE Vernova's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-28. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $12,642 million (+26.8% vs a year earlier) |
| Diluted EPS (GAAP) | $4.81 |
| Full-year guidance | Raised |
Guidance
Raised 2026 revenue to $46.5–47.5B (from $45.5–46.5B), adjusted EBITDA margin to 13.5–14.5%, free cash flow to $16–17B.
Why this label: 'GE Vernova is raising its 2026 financial guidance': revenue $46.5-47.5B up from $45.5-46.5B; wider Wind loss is segment-level only.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| revenue | FY2026 | $46.5–$47.5 billion | $45.5–$46.5 billion |
| adjusted EBITDA margin | FY2026 | 13.5%–14.5% | 12%–14% |
| free cash flow | FY2026 | $16–$17 billion | $11.5–$12.5 billion |
| Power segment organic revenue growth / EBITDA margin | FY2026 | 19%–21% / 19%–21% | 18%–20% / 17%–19% |
| Wind segment organic revenue | FY2026 | down mid-single digits | down low-double digits |
| Wind segment EBITDA losses | FY2026 | $400–$500 million loss | approximately $400 million loss |
From the release
Revenue: "Revenue of $12.6 B, + 27% , + 18% organically* led by Power and Electrification"
Earnings per share: "Diluted EPS · $4.81 · $1.64 · 193 %"
revenue: "now expects revenue of $46.5-$47.5 billion, up from $45.5-$46.5 billion,"
adjusted EBITDA margin: "adjusted EBITDA margin* of 13.5%-14.5%, up from 12%-14%,"
free cash flow: "free cash flow* of $16-$ 17 billion, up from $11.5-$12.5 billion."
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Q3 orders $29.3B, up 96% organically; backlog reached $197B; 2026 guidance raised.
Source
GE Vernova earnings release (SEC filing), accession 0001996810-26-000162, filed 2026-10-28.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.