GE Vernova Inc. (NYSE:GEV) is included among the 10 Energy Stocks that Crushed Earnings Estimates in the First Quarter.
GE Vernova Inc. (NYSE:GEV) engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa
GE Vernova Inc. (NYSE:GEV) soared to an all-time high after exceeding forecasts in its Q1 2026 earnings on April 22. The sharp rise in power demand has boosted the orders for gas turbines and grid equipment, strengthening the company’s core businesses. GEV delivered an adjusted EPS of $2.01 during the quarter against estimates of $1.67, while its revenue also surged by more than 16% YoY to over $9.3 billion and beat forecasts by $90 million.
GE Vernova Inc. (NYSE:GEV) grew its adjusted EBITDA by 87% YoY to $896 million, while its net profit also skyrocketed to $4.75 billion, up from $264 million in the same period last year. Notably, the company’s free cash flow of $4.8 billion during the quarter was more than what it generated in the whole of 2025. GE Vernova Inc. (NYSE:GEV) added $13 billion to its backlog in Q1, taking the total to $163 billion.