GEV
GE VernovaGas turbines and grid equipment for new data-center power.
Next earnings: GE Vernova reports next on October 28, 2026 (3rd Quarter 2026 Earnings Webcast, 7:30-8:30 a.m. EDT), per the company's announcement. Company announcement
01What does it supply?
Products, customers, and where it sits in the AI stack.
What the company does
Makes gas and wind turbines, grid hardware and electrification equipment.
Its role in AI
Supplies the turbines and transformers needed to add generation and grid capacity for AI loads.
02How much does AI matter to its business?
Partial. One line of business, or an indirect beneficiary.
Why GEV is rated partial
Partial. Data center orders passed $5 billion year to date by June 30, 2026 against a $176 billion total backlog and $45.5-46.5 billion of expected 2026 revenue. The gas turbine slot reservations (116 GW, targeting 125 GW) are driven partly by data centers, but the company sells to utilities, industry and wind as well, and it reports data centers as orders, not as a revenue segment.
Reported figures come from the company's own filings and releases. Estimates are third-party or editorial and are kept separate. The exposure label is an editorial judgment.
Reported by the company
- Data center orders exceeded $5 billion year-to-date, more than double the 2025 total; total orders $24.2 billion, up 88% organically; backlog $176 billion.Source · Q2 2026, quarter ended June 30, 2026
- Power segment revenue $5.5 billion, up 14%, with orders $16.7 billion, up 134% organically; gas turbine slot reservations/backlog 116 GW (from 100 GW), targeting at least 125 GW by year-end 2026.Source · Q2 2026, quarter ended June 30, 2026
- Electrification segment revenue $3.6 billion, up 68% (29% organically), orders $6.3 billion, up 66% organically; total revenue $11.1 billion, up 22%.Source · Q2 2026, quarter ended June 30, 2026
- Raised 2026 guidance: revenue $45.5-$46.5 billion, adjusted EBITDA margin 12%-14%, free cash flow $11.5-$12.5 billion.Source · Guidance issued July 22, 2026
Estimates
No third-party or editorial estimates are listed for GEV. Only company-reported figures are shown at present.
Key financial metrics, by reporting period
Company-reported, via TradingView03What should visitors watch next?
Earnings, product launches, customer spending, and the risks that matter.
Watch list
- Gas turbine slot reservations/backlog versus the target of at least 125 GW by year-end 2026, from 116 GW at Q2 source
- Data center orders after exceeding $5 billion year-to-date through Q2 source
- Delivery against raised 2026 guidance of $45.5-$46.5 billion revenue and $11.5-$12.5 billion free cash flow at the October 28 webcast source
Growth drivers
- CEO: 'global demand for our products and solutions continues to grow... With a backlog of $176 billion, continued revenue growth and margin expansion... we are raising our 2026 financial guidance' source
- Rising electricity demand from hyperscalers and data centers, cited in the 10-K as a Power segment demand driver source
- Installed base generating roughly 25% of the world's electricity, with about 7,000 gas turbines installed and 1,800 under long-term service agreements source
Risks
- Significant supply chain and logistics disruptions, including volatility in the cost or availability of critical materials and components, could delay or impair delivery on customer obligations source
- Disruptions or capacity constraints at manufacturing and operating facilities could delay deliveries, raise costs, damage customer relationships and limit the ability to meet demand source
- Changes in countries' international trade and investment policies, including tariffs, have increased costs and could meaningfully reduce demand for GE Vernova's offerings source
The company's own risk factors: 10-K filed 2026-01-29, Item 1A.
Recent developments: SEC filings
Source: SEC EDGAR · refreshed every 15 min- 10-QQuarterly report2026-10-28documentfolder
- 8-KEarnings release · items 2.02,9.012026-10-28documentfolder
- 8-KCurrent report · items 5.022026-08-27documentfolder
- 10-QQuarterly report2026-07-22documentfolder
- 8-KEarnings release · items 2.02,9.012026-07-22documentfolder
- 8-KCurrent report · items 5.072026-05-22documentfolder
- 10-QQuarterly report2026-04-22documentfolder
- 8-KEarnings release · items 2.02,9.012026-04-22documentfolder
- DEF 14AProxy statement2026-04-03documentfolder
- 8-KCurrent report · items 8.01,9.012026-02-04documentfolder
- 10-KAnnual report2026-01-29documentfolder
- 8-KEarnings release · items 2.02,9.012026-01-28documentfolder
Insider trades
Form 4, last 6 filings| Insider | Transaction | Shares | Avg price | Filed |
|---|---|---|---|---|
Abate Victor Chief Executive Officer, Wind | Open-market sale · disposed | 4,819 | $948.08 | 2026-06-03 |
News
GEV in plain answers
The questions readers ask about GE Vernova, answered from the company's own filings and this site's research. Each answer names its source.
What does GE Vernova (GEV) supply to AI?+
Makes gas and wind turbines, grid hardware and electrification equipment. Supplies the turbines and transformers needed to add generation and grid capacity for AI loads.
How much does AI matter to GE Vernova's business?+
AI exposure is rated partial on this site: One line of business, or an indirect beneficiary. Reported by the company: Data center orders exceeded $5 billion year-to-date, more than double the 2025 total; total orders $24.2 billion, up 88% organically; backlog $176 billion. Power segment revenue $5.5 billion, up 14%, with orders $16.7 billion, up 134% organically; gas turbine slot reservations/backlog 116 GW (from 100 GW), targeting at least 125 GW by year-end 2026.
Company filing or releaseWhen is GE Vernova's next earnings date?+
GE Vernova reports next on October 28, 2026 (3rd Quarter 2026 Earnings Webcast, 7:30-8:30 a.m. EDT), per the company's announcement.
Company announcementAre GE Vernova insiders buying or selling GEV stock?+
In the latest Form 4 filings for GEV there is 1 open-market sale; the most recent was filed on June 3, 2026 by Abate Victor. Every transaction links to the filing on SEC EDGAR below.
Most recent Form 4What should investors watch for GEV?+
Gas turbine slot reservations/backlog versus the target of at least 125 GW by year-end 2026, from 116 GW at Q2 Data center orders after exceeding $5 billion year-to-date through Q2 Delivery against raised 2026 guidance of $45.5-$46.5 billion revenue and $11.5-$12.5 billion free cash flow at the October 28 webcast
SourceWhat are the main risks for GE Vernova?+
Significant supply chain and logistics disruptions, including volatility in the cost or availability of critical materials and components, could delay or impair delivery on customer obligations Disruptions or capacity constraints at manufacturing and operating facilities could delay deliveries, raise costs, damage customer relationships and limit the ability to meet demand Changes in countries' international trade and investment policies, including tariffs, have increased costs and could meaningfully reduce demand for GE Vernova's offerings
10-K filed 2026-01-29, Item 1AWhich AI category is GEV in?+
GE Vernova is listed under Power & Cooling. Gas turbines and grid equipment for new data-center power.
Related companies in Power & Cooling
Compare all →Original sources
- Investor relations — earnings dates, releases, presentations
- SEC EDGAR company page — every filing (CIK 0001996810)
- Latest annual report (10-K) — filed 2026-01-29
- TradingView symbol page — full chart and data