GE Vernova reports Q1 2026 results, raises guidance

GE Vernova has reported first quarter 2026 financial results and is raising its 2026 guidance.

• Reported action: GE Vernova reported Q1 2026 results and raised 2026 guidance, stating backlog grew by more than $13 billion quarter‑over‑quarter to $163 billion (inclusive of Prolec GE); the company booked $2.4 billion in Electrification equipment orders to support data centers, completed acquisition of the remaining 50% stake in Prolec GE, and reported a $10.2 billion cash balance. Also expects to reach at least 110 GW of combined gas turbine backlog and slot reservation agreements by year‑end 2026.
• Background and event details: The announcement is a company press release (April 22, 2026) and includes a webcast/investor conference call.
  • Conference call: April 22, 2026, starting at 7:30 AM Eastern Time, webcast from GE Vernova investor website; archived webcast and slide presentation will be available after the call.
  • Additional facts: Disclosure includes forward‑looking cautionary language, links to investor reports/filings, and contact details for investor and media inquiries.