GE Vernova releases transcript of first-quarter 2026 earnings call

GE Vernova Inc.

GE Vernova Inc.

GEV

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  • GE Vernova executives CEO Scott Strazik and CFO Ken Parks outlined 1Q 2026 results, citing $18.3 billion orders, up 71% year over year.
  • Management raised 2026 guidance to revenue $44.5 billion-$45.5 billion, adjusted EBITDA margin 12%-14%.
  • Free cash flow outlook increased to $6.5 billion-$7.5 billion, reflecting higher down payments tied to stronger orders.
  • Gas Power demand remained strong, with 21 GW of new turbine agreements signed in 1Q and at least 110 GW under contract targeted by year-end.
  • Electrification orders tied to data centers reached about $2.4 billion in 1Q, exceeding full-year 2025, with segment revenue outlook lifted to $14 billion-$14.5 billion.


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