| May 22, 2026 | management_change | GE Vernova Inc. stockholders elected three Class II directors at the annual meeting on May 20, 2026. |
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| Apr 22, 2026 | earnings | GE Vernova Inc. released its first-quarter 2026 financial results. |
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| Feb 4, 2026 | debt_offering | GE Vernova completed a $2.6 billion public offering of 4.250%, 4.875%, and 5.500% senior notes. |
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| Apr 22, 2026 | Guidance: adjusted_ebitda_margin | 12.00 to 14.00 |
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| Apr 22, 2026 | Guidance: electrification_revenue | 14.00 to 14.50 |
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| Apr 22, 2026 | Guidance: electrification_segment_ebitda_margin | 18.00 to 20.00 |
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| Apr 22, 2026 | mda_quarterly | GEV reported a strong first quarter 2026, with total revenues increasing 16% to $9.3 billion, and organic revenues up 7%. Net income surged to $4.7 billion, and diluted EPS reached $17.44, primarily driven by a $4.0 billion pre-tax gain from remeasuring its previously held equity interest in Prolec GE. The company completed the acquisition of the remaining 50% stake in Prolec GE, an electric industry leader in North America producing transformers and components, for $5.3 billion, integrating it into the Electrification segment. Adjusted EBITDA nearly doubled to $0.9 billion, and free cash flow significantly improved to $4.8 billion.
The Electrification segment experienced substantial growth, with revenues up 61% and EBITDA rising sharply, fueled by the Prolec GE acquisition and strong demand for switchgear, transformers, and substation solutions. The Power segment also performed well, with revenues increasing 12% and EBITDA up 57%, largely due to Heavy-Duty Gas Turbines and favorable pricing. Conversely, the Wind segment faced significant challenges, with revenues declining 23% and EBITDA worsening to a $(382) million loss. This was attributed to lower Onshore Wind deliveries, the impact of global tariffs estimated at $250-$350 million for 2026, and higher contract losses in Offshore Wind, despite the Vineyard Wind project moving to commissioning. GEV issued $2.6 billion in senior notes to help fund the Prolec GE acquisition and increased its share repurchase authorization to $10.0 billion, repurchasing $1.3 billion in the quarter. |
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| Jan 29, 2026 | business | GE Vernova is a global leader in the electric power industry, providing products and services for electricity generation, transfer, orchestration, conversion, and storage. The company designs, manufactures, delivers, and services technologies to create reliable, secure, and sustainable electric power systems, enabling electrification and decarbonization. Its installed base generates approximately 25% of the world's electricity, serving utilities, developers, governments, and electricity users globally.
Spun off from General Electric Company on April 2, 2024, GE Vernova is now an independent entity focused on accelerating the energy transition. Its strategy emphasizes supplying reliable, affordable, and sustainable electricity solutions, streamlining its product portfolio to core offerings, and leveraging lean principles for cost efficiency. Sustainability is central, with a "Control Room" governance framework guiding efforts to electrify, decarbonize, conserve (targeting carbon neutrality for Scope 1 and 2 emissions by 2030 and circularity), and thrive. The company aims to generate cash flow for core business investments, targeted mergers and acquisitions, and returning at least one-third of cash generation to stockholders. |
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