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AlphaSense @AlphaSenseInc on x 24.9K followers
Created: 2025-07-23 10:45:15 UTC
$GEV Earnings:
- Revenue of $9.1B, +11%, +12% organically* with growth in both equipment and services
- Net income of $0.5B; net income margin of XXX%
- Adjusted EBITDA of $0.8B and adjusted EBITDA margin of XXX%
- Cash from operating activities of $0.4B; free cash flow of $0.2B
- $7.9B cash balance; $1.7B in capital returned to shareholders year-to-date
- Orders of $12.4B, +4% organically; continued strong demand at Power and Electrification
- Backlog growth of $5.2B sequentially from equipment and services
“GE Vernova had a productive second quarter, positioning us well to continue to accelerate our growth and margin expansion from here. We grew our backlog by more than $X billion and increased our Gas equipment backlog and slot reservation agreements from XX to XX gigawatts. With strength in Power and Electrification, we are raising our revenue, adjusted EBITDA margin, and free cash flow expectations for the year,” said GE Vernova CEO Scott Strazik. “We are at the beginning of an investment supercycle into more reliable baseload power, grid infrastructure and decarbonization solutions. Our near-term results are improving, but more importantly, our long-term potential is accelerating faster.”
XXXXX engagements
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