GE Vernova Inc.(US:GEV)2025-07-23 12:30Financial Performance - GE Vernova's orders increased by 4% from $11.8 billion in 2Q'24 to $12.4 billion in 2Q'25[11] - The company's backlog grew by $13.2 billion, reaching $128.7 billion in 2Q'25 compared to $115.5 billion in 2Q'24[11] - Revenue increased by 12% from $8.2 billion in 2Q'24 to $9.1 billion in 2Q'25[11] - Adjusted EBITDA increased by $0.2 billion, from $0.5 billion in 2Q'24 to $0.8 billion in 2Q'25[11] - Adjusted EBITDA margin expanded by 80 bps, from 6.4% in 2Q'24 to 8.5% in 2Q'25[11] - Free cash flow decreased by $0.6 billion, from $0.8 billion in 2Q'24 to $0.2 billion in 2Q'25, but year-to-date improved by $1 billion[11] Segment Performance - Power segment orders increased from $5.0 billion to $7.1 billion, and revenue increased by 9%[15] - Electrification segment revenue increased by 20%[26] - Wind segment revenue grew by 9%[21] Guidance - GE Vernova is raising its 2025 revenue guidance to $36 billion - $37 billion[29]