GE Vernova（GEV）2025年第三季度业绩报告「NYSE」（英文版）（10页）.pdf

1、 GE Vernova reports third quarter 2025 financial results and reaffirms guidanceStrong 3Q25 results with robust orders and backlog,continued margin expansion and positive free cash flowThird Quarter 2025 Highlights:Orders of$14.6B,+55%organically,led by equipment at Power and ElectrificationBacklog1

2、growth of$6.6B sequentially from equipment and servicesGas Power equipment backlog and slot reservation agreements grew from 55 to 62 GWRevenue of$10.0B,+12%,+10%organically*,with growth in both equipment and servicesNet income of$0.5B;net income margin of 4.5%Adjusted EBITDA*of$0.8B and adjusted EB

3、ITDA margin*of 8.1%Cash from operating activities of$1.0B;free cash flow*of$0.7B$7.9B cash balance;$2.4B in capital returned to shareholders year-to-dateCAMBRIDGE,Mass.,(October 22,2025)GE Vernova Inc.(NYSE:GEV),a unique industry leader enabling customers to accelerate the energy transition,today re

4、ported financial results for the third quarter ending September 30,2025.“GE Vernova delivered another productive quarter with strong financial results.Our growth trajectory is accelerating and the demand environment for our equipment and services remains strong with$16 billion in backlog growth year

5、-to-date.Our Gas Power equipment backlog and slot reservation agreements increased from 55 to 62 gigawatts sequentially,and our Electrification equipment backlog increased$6.5 billion year-to-date,to approximately$26 billion,”said GE Vernova CEO Scott Strazik.“We are leading from a position of stren

6、gth and are focused on long-term growth and returns.This era of increased electricity investment has just started,and we have substantial opportunity ahead of us as we provide the solutions required to help the world electrify to thrive and decarbonize.”In the third quarter,orders of$14.6 billion in