GE Vernova posts Q3 adjusted EPS $4.81 vs $4 consensus, lifts 2026 outlook

 

GE Vernova posts Q3 adjusted EPS $4.81 vs $4 consensus, lifts 2026 outlook for revenue, margins and free cash flow

• Raised 2026 revenue outlook to $46.5–$47.5 billion, EBITDA margin to 13.5%–14.5%, free cash flow $16–$17 billion.
• GE Vernova reported fiscal Q3 2026 revenue $12.6B, up 27% YoY, beating estimates.
• Q3 orders nearly doubled during the quarter, according to the company.
• GE Vernova doubles share repurchase authorization to $20 billion following strong Q3 performance.
• GE Vernova will acquire Trench Group, a high-voltage grid equipment maker, for about $9B.
• Acquisition of Trench Group will be funded roughly half in cash and half in debt.
• GE Vernova expects the Trench Group acquisition to be margin-accretive once completed.
• The Trench Group transaction is expected to close in late 2027, according to the company.

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