GE Vernova公布2026年第一季度财务业绩并上调2026年指引

irst Quarter 2026 Highlights:Orders of $18.3B, +71% organically with growth in all segments Backlog1growth of $13.0B sequentially from equipment and services, including $5B from Prolec GEGas Power equipment backlog and slot reservation agreements grew from 83 to 100 GW; now anticipate reaching at least110 GW by year-end 2026Revenue of $9.3B, +16%, +7% organically* led by equipment at Electrification and PowerNet income of $4.7B; net income margin of 50.9%; inclusive of $4.5B pre-tax M&A net gains, primarily from Prolec GEAdjusted EBITDA* of $0.9B, nearly doubling year-over-year; adjusted EBITDA margin* of 9.6%, up +390 basis pointsCash from operating activities of $5.2B; free cash flow* of $4.8B, more than quadrupling year-over-year$10.2B cash balance; $1.4B in capital returned to shareholders AMBRIDGE, Mass., (April 22, 2026)– GE Vernova Inc. (NYSE: GEV), a unique industry leader enabling customers toccelerate the energy transition, today reported financial results for the first quarter ending March 31, 2026. We had a solid start to 2026 as we continue to serve the growing, long-cycle electric power market. Demand is accelerating forur Power and Electrification solutions from a diverse set of customers, with our backlog growing by more than $13 billionuarter-over-quarter,” said GE Vernova CEO Scott Strazik. “Reflecting this strength, we now expect to reach at least 110 GW ofombined gas turbine backlog and slot reservation agreements by year-end 2026 and are raising our 2026 financial guidance. Inhe quarter, our Electrification segment booked $2.4 billion in equipment orders to support data centers, more than all of lastear. We also completed our acquisition of the remaining fifty percent stake in Prolec GE, a leading grid equipment supplier,trengthening our ability to serve customers and accelerating our growth trajectory. Our team is executing well and remainsocused on delivering for the long-term.” n the quarter, orders of $18.3 billion increased +71% organically, with strong equipment growth in Electrification and Power, andervices growth led by Power. Revenue of $9.3 billion was up +16%, +7% organically*, with strong equipment growth atlectrification and Power, along with higher services, partially offset by Wind. Margins expanded significantly from price, volume,nd productivity. Free cash flow* of $4.8 billion in the quarter was more than the full year 2025, primarily due to higher positiveenefits from working capital and stronger adjusted EBITDA*. ower • Orders of $10.0 billion increased +59% organically and revenues of $5.0 billion increased +12%, +10% organically*, led byGas Power equipment. Segment EBITDA margin grew +470 basis points, +500 basis points organically*.• Signed 21 gigawatts (GW) of new gas equipment contracts, including 19 GW of slot reservation agreements and 2 GW oforders. Converted 6 GW of existing slot reservation agreements to orders and shipped 4 GW of equipment; resulting inbacklog growth from 40 to 44 GW and an increase in slot reservation agreements from 43 to 56 GW. lectrification• Orders of $7.1 billion increased +86% organically, driving a book-to-bill ratio of approximately 2.5, with continued strong demand for grid equipment. Revenues of $3.0 billion increased +61%, +29% organically*, with growth in all regions.Segment EBITDA margin grew +670 basis points, +590 basis points organically*.• Increased equipment backlog to $38.6 billion, up $16.6 billion, or 75% year-over-year, including $5 billion from Prolec GE. ind• Orders of $1.2 billion increased +85% organically, driven by higher equipment at Onshore Wind, off a low year-over-year comparison. Revenues of $1.4 billion decreased (23)%, (25)% organically*, primarily driven by equipment at Onshore Windas a result of soft orders in the first half of 2025. Segment EBITDA losses grew from lower Onshore Wind equipment volumeand the impact of tariffs, as well as higher Offshore Wind contract losses, partially offset by Onshore Wind services.• Completed installation of Offshore Wind turbines at Dogger Bank A in the United Kingdom and Vineyard Wind in the United States. Company Updates: n the first quarter of 2026, GE Vernova:• Experienced zero fatalities; safety remains a top priority. • Repurchased approximately 1.8 million shares for $1.3 billion at an average price of $720.• Paid a $0.50 per share quarterly dividend; on February 17, 2026, declared a $0.50 per share quarterly dividend, which waspaid on April 14, 2026, to stockholders of record as of March 17, 2026.• Completed the acquisition of the remaining 50% stake of Prolec GE, its former unconsolidated joint venture with Xignux, inexchange for cash consideration of approximately $5.3 billion, on February 2, 2026.• Issued $2.6 billion aggregate principal amount of senior notes for general corporate purposes, including financing a portionof the Prolec GE acquisition. The notes were rated by S&P and Fitch consistent with their current issuer investment gradecr