GE Vernova Reports Q3 2026 Results, Raises Guidance and Doubles Buyback Authorization
GE Vernova reported Q3 2026 earnings of $4.81 per share on $12.64 billion in revenue. It raised full-year revenue guidance to $46.5 billion–$47.5 billion from $45.5 billion–$46.5 billion and increased its share repurchase authorization to $20 billion from $10 billion.
GE Vernova reported third-quarter 2026 earnings of $4.81 per share on $12.64 billion in revenue, surpassing analyst consensus estimates of $4.03 per share and $11.99 billion in revenue. The company raised its full-year 2026 revenue guidance to a range of $46.5 billion to $47.5 billion, up from its previous outlook of $45.5 billion to $46.5 billion. Additionally, the board approved an increase in the company's share repurchase authorization to $20 billion, doubling the previous $10 billion limit. Management noted that demand for electricity infrastructure remains strong, with the company's backlog projected to exceed $200 billion in the fourth quarter.