GE Vernova Inc. reported its financial results for the fourth quarter and full year ending December 31, 2025. For the full year, the company posted revenues of USD 37.8 billion, with organic revenues rising 9%. Adjusted EBITDA reached USD 3.2 billion, with an adjusted EBITDA margin of 8.4%, up 2.6 percentage points. Free cash flow for the year was USD 3.7 billion. Net income for the full year was USD 4.9 billion. Basic earnings per share stood at USD 17.92, while diluted earnings per share were USD 17.69. The company had a cash balance of USD 8.8 billion at year-end and returned USD 3.6 billion in capital to shareholders. During the fourth quarter, GE Vernova reported revenues of USD 10.8 billion, and adjusted EBITDA of USD 1.2 billion. Basic earnings per share for the quarter were USD 13.56, and diluted earnings per share were USD 13.39. The company increased its share repurchase authorization to USD 10 billion and announced a quarterly dividend of USD 0.50 per share payable on February 2, 2026. GE Vernova’s backlog increased to USD 150 billion by year-end.
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