Electrification
Growing fastest in the group; 2026 revenue guidance raised to $14.5 billion to $15.0 billion.
The numbers
What it is
Grid solutions, power conversion and electrical products for utilities, data centers and industry. Transformers and switchgear are the bottlenecks that set the pace of grid build-out.
Why it matters to the stock. Electrification has the fastest revenue growth in the group and has expanded margins. It is also the segment least exposed to the Wind losses.
News
GE Vernova and LS Electric agree joint venture to push VSC-HVDC in Korea
GE Vernova and LS Electric signed an agreement in Paris to form a joint venture around voltage-sourced converter HVDC technology.
GE Vernova launches GL316c 420 kV SF6-free circuit breaker at CIGRE Paris
GE Vernova launched the GL316c, a 420 kV live tank circuit breaker, at CIGRE Paris on August 26, 2026.
GE Vernova raises 2026 revenue guidance to $45.5B-$46.5B and free cash flow to $11.5B-$12.5B
GE Vernova raised its 2026 revenue outlook to $45.5 billion to $46.5 billion, from $44.5 billion to $45.5 billion.
Gas equipment backlog and slot reservations rise to 100 GW, target 110 GW by year-end
In its first-quarter 2026 results, GE Vernova said gas equipment backlog plus slot reservation agreements rose to 100 GW from 83 GW at the end of 2025.
GE Vernova completes $5.3B purchase of Prolec GE, taking full ownership of transformer maker
GE Vernova completed its purchase of the 50% of Prolec GE it did not already own, from its former joint venture partner Xignux, for $5.275 billion.
GE Vernova Q4 2025 revenue rises 4% to $11.0B; 2026 revenue and cash flow guidance raised
GE Vernova reported fourth-quarter 2025 revenue of $11.0 billion, up 4% (2% organically), and orders of $22.2 billion, up 65% organically.