GE Vernova FY26 Q2 net income rises 32% to $649 million; revenue increases 12% to $11.1 billion

GE Vernova Inc.

GE Vernova Inc.

GEV

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  • GE Vernova posted GAAP net income of USD 649 million in 2Q26, up USD 157 million from a year earlier.
  • Revenue rose 12% year over year to USD 11.1 billion, with equipment up 14% to USD 6.46 billion.
  • Total orders climbed to USD 24.22 billion, up 88% organically, lifting total RPO 37% to USD 176.28 billion.
  • Free cash flow rose to USD 5.11 billion from USD 194 million, with cash from operating activities of USD 5.49 billion.
  • HA gas turbine fleet passed 4 million operating hours; Electrification equipment backlog reached USD 41 billion; acquisition of Robotech Automation closed in July.


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