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. Full-year 2025 revenue was $38.1 billion and backlog reached about $150 billion. The company raised its 2026 revenue guidance to $44–45 billion from $41–42 billion and its free cash flow guidance to $5.0–5.5 billion from $4.5–5.0 billion, and it set an adjusted EBITDA margin range of 11–13%.

• Q4 2025 revenue $11.0B, up 4% (2% organic)
• Q4 2025 orders $22.2B, up 65% organically
• Full-year 2025 revenue $38.1B; backlog about $150B
• 2026 revenue guidance $44–45B, from $41–42B
• 2026 free cash flow guidance $5.0–5.5B, from $4.5–5.0B
• 2026 adjusted EBITDA margin guidance 11–13%

SEC filing 8-K · accession 0001996810-26-000012 · sec.gov ↗