GE Vernova raised its full-year revenue guidance on Wednesday after second-quarter orders and cash generation came in well above year-earlier levels, the company said.
The energy company lifted its 2026 revenue outlook to a range of $45.5 billion to $46.5 billion, a $1 billion increase from what it had previously guided
The company also guided higher on free cash flow and its adjusted EBITDA margin. Revenue in the second quarter reached $11.1 billion, up 22% from a year earlier. That exceeded analyst projections of $10.79 billion, according to the Wall Street Journal.
Net income came in at $649 million, or $2.47 per share, compared with $492 million, or $1.86 per share, in the same period a year ago. Orders of $24.2 billion grew 88% organically in the quarter, driven by the Power and Electrification segments. Free cash flow reached $5.1 billion, exceeding the total for all of 2025, the company said.