- GE Vernova (GEV) Q2 2026: repurchased ~2.5M shares for ~$2.3B, paid dividend, contributed ~$0.5B to pension, closed Robotech deal, sold China XD stake, capex ~$0.4B, R&D ~$0.3B
- GE Vernova (GEV) Q2 revenue $11.104B (+22% YoY), net income $649M ($2.47/sh). Q2 orders $24.2B, backlog $176B (+$13B). Raised 2026 revenue guidance to $45.5–46.5B.
- GE Vernova (GEV) raised its long-term gas equipment outlook; expects at least 125 GW under contract by end-2026. Year-to-date data center orders topped $5 billion, over double 2025.
- GE Vernova (GEV) dropped ~7.5% after reporting strong quarterly results and raising full-year guidance; despite the upbeat update, the stock lagged the S&P 500 on the day.
- GE Vernova projects tariff hit of about $100–$200 million in 2026, estimating the companywide cost impact from global tariffs for that year.
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Key facts: GE Vernova Q2 $11.1B revenue; $2.3B buybacks, raised guidance
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GE Vernova (GEV) Q2 2026: repurchased ~2.5M shares for ~$2.3B, paid dividend, contributed ~$0.5B to pension, closed Robotech deal, sold China XD stake, capex ~$0.4B, R&D ~$0.3BGE V