GE Vernova Revenue Forecast Climbs on AI Infrastructure Surge

Second-quarter revenue reached $11.1 billion, a 22% increase that surpassed analyst projections. Total orders climbed 88% to a record $24.2 billion, pushing the company’s total backlog to $176 billion. Power-related orders more than doubled, fueled by utility companies and hyperscale data center developers desperate for reliable electricity. Data center contracts alone have topped $5 billion this year, already doubling the total volume recorded throughout 2025. Following this momentum, the company adjusted its 2026 revenue guidance to a range between $45.5 billion and $46.5 billion.

Contrasting this growth, the wind business continues to struggle with project economics and rising construction costs. Revenue for the segment dropped 10% to $2.03 billion, with adjusted EBITDA losses widening to approximately $275 million. GE Vernova now anticipates annual losses in the wind division to reach $400 million. The sector faces ongoing pressure from supply chain instability and a volatile regulatory environment, particularly regarding offshore leasing and federal project cancellations. Market focus now turns to upcoming earnings from Siemens Energy, Vestas Wind Systems, and Ørsted, which will provide further clarity on the health of the broader wind manufacturing and development landscape.