0001996810-26-000064
SEC filingQ1 delivered exceptional results with net income surging to $4.7B driven by significant non-operating gains, alongside 16% revenue growth from strong power systems demand and 21% gross profit expansion reflecting favorable mix and efficiencies.
GE Vernova's Q1 2026 results reflect strong execution in a dynamic energy market, where we build, modernize, and service power systems to electrify operations, meet demand growth, enhance reliability, and navigate the energy transition by limiting emissions. Revenue reached $9.3 billion, up 16% from $8.0 billion in the prior year, fueled by volume increases, productivity gains, and favorable pricing particularly in Power Transmission and Grid Systems Integration segments. This growth underscores our diversified portfolio of equipment and services across technology types, adaptable to varying electric power market conditions and demand signals.
As a global leader in the electric power industry—generating, transferring, orchestrating, converting, and storing electricity—GE Vernova benefits from diversified offerings that align with customer needs for resiliency and decarbonization. Our RPO measures firm backlog, signaling sustained demand visibility. These results position us to capitalize on electrification trends while maintaining adaptability to market shifts, with ongoing commitment to profitability and long-term value creation for investors.