GE Vernova Inc (NYSE:GEV) on Wednesday reported better-than-expected first-quarter financial results and raised its FY26 sales guidance above estimates.
Adjusted EPS was $2.06, topping the $1.88 estimate, while revenue of $9.339 billion exceeded the $9.173 billion consensus. GAAP diluted EPS was $17.44.
Revenue rose 16% year over year, with organic growth of 7%, while net income reached $4.7 billion, including $4.5 billion in pre-tax M&A gains primarily from Prolec GE.
CEO Scott Strazik said, “We had a solid start to 2026 as we continue to serve the growing, long-cycle …