GE Vernova's data-center orders crossed $5 billion year-to-date, more than double the company's 2025 total. The Electrification segment's organic Ebitda margin expanded 700 basis points in the second quarter, driven by volume, productivity, and price gains in high-voltage transmission and grid integration equipment. Orders in the segment jumped 66% organically, producing a book-to-bill ratio of approximately 1.7. The company's equipment backlog in Electrification reached $40.6 billion, up 69% year-over-year. Strong demand for switchgear, transformers, and substation solutions in North America is fueling the growth

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July 22, 2026 06:49 ET (10:49 GMT)

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