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Compared to Estimates, GE Vernova (GEV) Q1 Earnings: A Look at Key Metrics

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GE Vernova (GEV - Free Report) reported $9.34 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 16.3%. EPS of $1.98 for the same period compares to $0.91 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $9.3 billion, representing a surprise of +0.47%. The company delivered an EPS surprise of +7.61%, with the consensus EPS estimate being $1.84.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how GE Vernova performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Power - Gas Turbine Gigawatts: 4.20 Ghw versus 3.88 Ghw estimated by two analysts on average.
  • Revenues- Power- Services: $3.08 billion versus the three-analyst average estimate of $3.08 billion. The reported number represents a year-over-year change of +5.5%.
  • Revenues- Electrification: $2.96 billion compared to the $2.91 billion average estimate based on three analysts. The reported number represents a change of +57.5% year over year.
  • Revenues- Wind: $1.43 billion versus the three-analyst average estimate of $1.51 billion. The reported number represents a year-over-year change of -22.6%.
  • Revenues- Power: $4.97 billion compared to the $4.82 billion average estimate based on three analysts. The reported number represents a change of +12.4% year over year.
  • Revenues- Power- Equipment: $1.88 billion versus $1.75 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +32% change.
  • Revenues- Wind- Services: $543 million versus the three-analyst average estimate of $405.69 million. The reported number represents a year-over-year change of +24%.
  • Revenues- Wind- Equipment: $889 million versus the three-analyst average estimate of $1.1 billion. The reported number represents a year-over-year change of -36.8%.
  • Revenues- Eliminations and other: $-25 million compared to the $-118.12 million average estimate based on two analysts. The reported number represents a change of -79% year over year.
  • Revenues- Sales of services: $4.08 billion versus the two-analyst average estimate of $4.07 billion. The reported number represents a year-over-year change of +6.5%.
  • Revenues- Sales of equipment: $5.25 billion versus $5.07 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +25.2% change.
  • Revenues- Electrification- Power Conversion: $477 million versus $408.8 million estimated by two analysts on average.

View all Key Company Metrics for GE Vernova here>>>

Shares of GE Vernova have returned +9% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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