GE Vernova posts Q3 beat but widens wind loss outlook, raises full‑year revenue and cash forecasts
GE Vernova reported third‑quarter 2026 revenue of $12.6 billion and diluted earnings of $4.81 per share, beating analysts’ expectations. The wind segment posted a positive EBITDA of $72 million but the company now expects a full‑year wind EBITDA loss of $400 million to $500 million, deeper than its prior $400 million estimate. Despite the wind guidance, GE Vernova lifted its full‑year revenue target to $46.5 billion‑$47.5 billion and free‑cash‑flow target to $16 billion‑$17 billion, and shares fell about 1.1 %.
Why it matters
The widened wind loss forecast offsets the upbeat revenue and cash‑flow outlook, keeping the stock under pressure as investors weigh the segment’s ongoing losses against stronger power and electrification performance. The raised guidance expands the revenue and cash‑flow ranges for investors planning exposure to GE Vernova’s diversified industrial portfolio.
Key facts
- 1Q3 2026 revenue was $12.6 billion, beating analysts’ $12 billion estimate. theglobeandmail.com
- 2Diluted earnings per share were $4.81, above the $4.01 consensus. theglobeandmail.com
- 3Wind segment EBITDA was $72 million in Q3, a positive result. renewablesnow.com
- 4Full‑year wind segment EBITDA loss is now projected at $400 million to $500 million, up from a prior $400 million loss estimate. renewablesnow.com
- 5Full‑year revenue guidance was raised to $46.5 billion‑$47.5 billion. theglobeandmail.com
- 6Full‑year free‑cash‑flow guidance was raised to $16 billion‑$17 billion. theglobeandmail.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.