GE Vernova raised its 2026 revenue forecast to between $45.5 billion and $46.5 billion. The company increased its free cash flow guidance to a range of $11.5 billion to $12.5 billion. Management cited surging demand for power and electrification solutions driven by data center expansion. Second-quarter orders nearly doubled year-over-year to $24.2 billion.
Adjusted core earnings for the second quarter reached $1.25 billion. This figure missed analyst estimates of $1.28 billion. The company’s wind business reported a wider loss during the period. Global tariffs will likely increase costs by $100 million to $200 million in 2026. GE Vernova shares fell 8% in premarket trading following the mixed results.