GE Vernova third-quarter revenue rises 27 percent on power demand

GE Vernova reported third quarter revenue of 12,642 million dollars, up 27 percent from a year earlier, with net income of 1,291 million dollars and diluted earnings of 4.81 dollars a share, as power and electrification equipment sales grew sharply.

Why it matters: GE Vernova makes the gas turbines and grid equipment the AI data centre buildout depends on, and a 42 percent rise in equipment sales with contract liabilities up to 45,669 million dollars is a direct company level read on the order flow behind that buildout.

Data as of GE Vernova Inc. Form 10-Q for the quarter ended September 30, 2026 (accession 0001996810-26-000163), filed October 28, 2026 and read in this run from the locally cached filing text, and its Form 8-K of the same date (accession 0001996810-26-000162) furnishing the third quarter results release as Exhibit 99. All figures are the company's own. Developing item.

GE Vernova reported third quarter revenue of 12,642 million dollars, up from 9,969 million dollars a year earlier, in its Form 10-Q filed on Wednesday, with equipment sales up 42 percent to 8,340 million dollars and services revenue of 4,302 million dollars. Net income attributable to the company was 1,291 million dollars, against 452 million dollars a year earlier, and diluted earnings were 4.81 dollars a share, against 1.64 dollars.

Power segment revenue was 6,067 million dollars and Electrification revenue was 3,862 million dollars, and total segment EBITDA more than doubled to 2,109 million dollars from 977 million dollars. Contract liabilities and deferred income on the balance sheet rose to 45,669 million dollars at September 30, from 25,774 million dollars at the end of 2025, and cash and restricted cash rose to 16,764 million dollars from 8,848 million dollars.

GE Vernova third-quarter revenue rises 27 percent on power demand

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