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GE Vernova GEV Q1 2026 earnings

Reported April 22, 2026 · Before market open

Revenue$9.3BBeat by $87.4M
EPS$1.98Beat by $0.03
Revenue estimate$9.3B
EPS estimate$1.95

Next report

Oct 28, 2026 (In 3 weeks)
Revenue estimate$12.0B
EPS estimate$4.04

Financials

Q1 2026

Income statement

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Revenue$9.3B+16.3%
Gross profit$1.8B+21.2%
Operating income$179.0M+316%
Net income$4.7B+1,768%
EPS (diluted)$17.44+1,816%

Balance sheet

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Cash & equivalents$10.2B+25.5%
Total debt$1.2B+18.6%
Total equity$13.9B+61.8%
Total assets$75.6B+46.7%

Cash flow

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Operating cash flow$5.2B+347%
CapEx$397.0M+113%
Free cash flow$4.8B+391%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$235.27B+182%
Enterprise value$226.3B+196%
P/E25.1×-18.0×
P/S6×+3.6×

Profitability

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Gross margin19.9%+2.0pp
Operating margin3.9%+1.6pp
Net margin23.8%+18.4pp
FCF margin19.1%+9.8pp

Returns & leverage

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Return on equity83.2%+61.2pp
Debt / equity0.1×0.0×
Current ratio0.9×-0.1×

Segments

By segment

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Power$5.0B+11.7%
Electrification$3.0B+60.8%
Wind$1.4B-22.6%

By product

See full
Services$4.1B+6.5%

FAQ

When did GE Vernova report Q1 2026 earnings?
GE Vernova (GEV) reported Q1 2026 earnings on April 22, 2026 before market open.
What were GE Vernova's Q1 2026 revenue and EPS?
GE Vernova reported revenue of $9.3B and eps of $1.98 for Q1 2026.
Did GE Vernova beat estimates in Q1 2026?
Revenue beat the consensus estimate of $9.3B by $87.4M. EPS beat the consensus estimate of $1.95 by $0.03.
How did GE Vernova's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 16.1% from $8.0B a year earlier and eps grew 117.6% from $0.91.
Where can I find GE Vernova's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001996810-26-000063) and the 10-Q periodic report (0001996810-26-000064) directly on SEC EDGAR. The filing index links above go to sec.gov.