GEV Reports Strong Q3 2025 Revenue and Profit Growth

GE Vernova (GEV.US) announced robust financial results for the third quarter ending September 30, 2025, with revenue reaching $10.0 billion, marking a 12% increase year-over-year. The company reported net income of $0.5 billion, a significant improvement from a net loss in the prior year. Adjusted EBITDA stood at $0.8 billion with an 8.1% margin, demonstrating substantial margin expansion.

The company's adjusted EBITDA for Q3 2025 exceeded analyst EPS estimates of $1.78 (non-GAAP), showcasing strong operational performance during the period.

Strong Organic Growth and Orders

GE Vernova experienced strong organic growth across key segments, with overall orders increasing 55% organically to $14.6 billion, driven by equipment at Power and Electrification. Revenue growth was also strong organically at 10%, led by equipment sales in Electrification and Power, as well as services in Power.

The Power segment saw orders rise 50% organically, with revenues increasing 15%, or 14% organically, primarily from Gas Power. Electrification also demonstrated exceptional performance, with orders soaring 102% organically and revenues growing 35%, or 32% organically, fueled by strong demand for grid equipment.

Reaffirming 2025 Guidance

Management reaffirmed its 2025 financial guidance, expecting revenue to trend towards the higher end of $36-$37 billion, and adjusted EBITDA margin to be between 8% and 9%. Free cash flow is projected to be in the range of $3.0-$3.5 billion, reflecting confidence in continued operational execution.

Specific segment guidance indicates expected organic revenue growth of 6%-7% for Power, while Electrification is trending towards 25% organic revenue growth. Wind segment organic revenue is anticipated to be down in the high-single digits.

Strategic Investments and Shareholder Returns

During the third quarter, GE Vernova repurchased approximately 1.1 million shares for $0.7 billion and paid a quarterly dividend of $0.25 per share. The company also announced an agreement to sell its Proficy® manufacturing software business for $0.6 billion and the acquisition of the remaining stake in Prolec GE for $5.275 billion, reinforcing its position in global grid equipment.