GE Vernova 3Q 2026: Revenue $12.64B, Net income $1.29B, EPS $4.81— 10-Q Summary

What happened

GE Vernova reported third-quarter 2026 revenue of $12.64B, up 26.8% from a year earlier. Net income rose to $1.29B and diluted earnings per share increased to $4.81, with growth led by Power and Electrification.

Confirmed

Global impact / market context

Much higher net income and earnings per share mean more profit falls to each share. Power gas turbine orders jumping to 112 units from 29 signals stronger future demand, which can support revenue and factory work ahead.

Analyst inference

Electrification revenue rose 51%, partly from Prolec GE joining the segment, while organic growth was 16%. Wind improved in the quarter but nine-month revenue fell 8% on fewer Onshore equipment deliveries, showing uneven demand across businesses.

Analyst inference

What to watch

1. Power gas turbine orders reached 112 units versus 29 a year earlier, and the company targeted closing the Trench Group acquisition in late 2027. Confirmed
2. Vineyard Wind turbines are installed, with remaining commissioning expected in early 2027, which means final testing before the project is fully operating. Confirmed
3. Watch whether strong Power and Electrification orders convert into revenue and profit, and whether Wind's nine-month decline in Onshore equipment deliveries reverses. Analyst inference

Evidence

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