GE Vernova FY26 Q2 net income rises 32% to $649 million; revenue increases 12% to $11.1 billion
GEV•Operational and strategic updates
The HA gas turbine fleet passed 4 million operating hours.
Electrification equipment backlog reached $41 billion; the acquisition of Robotech Automation closed in July.
Orders, backlog and cash flow increase
Total orders climbed to $24.22 billion, up 88% organically, lifting total RPO 37% to $176.28 billion.
Free cash flow rose to $5.11 billion from $194 million, with cash from operating activities of $5.49 billion.
GE Vernova reports higher quarterly profit and revenue
GE Vernova posted GAAP net income of $649 million in 2Q26, up $157 million from a year earlier.
Revenue rose 12% year over year to $11.1 billion, with equipment up 14% to $6.46 billion.
