GE Vernova reports Q3 2026 results and raises guidance

GE Vernova has announced its third-quarter 2026 financial results and raised its 2026 guidance.

• The company said it delivered strong financial results in Q3 2026 and expects its backlog to exceed $200 billion in Q4, with at least 130 GW of gas equipment under contract by year-end 2026.
• CEO Scott Strazik said GE Vernova is developing new solutions for utility and data center customers; CFO Ken Parks said cash balance was approximately $17 billion, up $4 billion sequentially, and the company is increasing share repurchases while raising revenue, EBITDA margin, and free cash flow guidance.