GE Vernova posts strong Q3 results, raises 2026 guidance and expands share buyback
+1 new source since this summary was written
GE Vernova reported third‑quarter 2026 revenue of $12.642 billion, up 27% year over year, and net income of $1.289 billion, or $4.81 per diluted share. Adjusted EBITDA reached $1.943 billion with a 15.4% margin and free cash flow of $5.409 billion. The company lifted its 2026 revenue outlook to $46.5‑$47.5 billion, adjusted EBITDA margin to 13.5%‑14.5% and free cash flow to $16‑$17 billion, while increasing its share‑repurchase authorization to $20 billion and confirming a $9 billion acquisition of Trench Group slated to close in late 2027.
Why it matters
The higher guidance expands the revenue and cash‑flow targets investors had for the year, potentially supporting a higher valuation. The enlarged buyback program and the pending $9 billion Trench Group acquisition signal continued capital return and strategic expansion, which may affect GEV’s share price and demand for its stock.
Key facts
- 1Q3 2026 revenue was $12.642 billion, up 27% year over year. tradingview.com
- 2Net income for the quarter was $1.289 billion. tradingview.com
- 3Diluted EPS was $4.81. tradingview.com
- 4Adjusted EBITDA was $1.943 billion, a 15.4% margin. tradingview.com
- 5Free cash flow was $5.409 billion. tradingview.com
- 62026 revenue guidance was raised to $46.5 billion‑$47.5 billion. tradingview.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.