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GE Vernova 2024 Annual Report

Articles & Insights

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2 min read

GE Vernova Releases 2024 Annual Report and 10-K

Yesterday, GE Vernova released its 2024 Annual Report, our first Annual Report as an independent, publicly traded company. The report includes a letter to shareholders from our CEO Scott Strazik, and our 2024 10-K. We encourage you to review the materials on our website at gevernova.com/investors/annual-report.
GE Vernova Founders Day

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7 min read

GE Vernova Releases First Annual Report as a Standalone Company

GE Vernova today released its first annual report since becoming an independent company, detailing how 2024 was a foundational year as the company positions itself to serve in an unprecedented era of electric growth. With 75,000 employees around the globe, the company’s technology helps generate approximately 25% of the world’s electricity.
GE Vernova Releases Fourth Quarter

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4 min read

GE Vernova Releases Fourth Quarter and Full Year 2024 Financial Results

Today, GE Vernova released its financial results for the fourth quarter and full year ending December 31, 2024. We built a strong foundation in 2024, marked by solid growth, as well as significant margin expansion and cash generation. We also reaffirmed our 2025 financial guidance for revenue, adjusted EBITDA margin*, and free cash flow*.
Scott Strazik, Michael Lapides, Ken Parks (left to right) at the Investor Update event.

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4 min read

GE Vernova 2024 Investor Update Recap

Yesterday, GE Vernova hosted its 2024 Investor Update event in New York City. Given our strong financial trajectory from robust customer demand and better execution, we raised our 2025 guidance and our outlook by 2028. We also framed our capital allocation strategy, announcing that our Board of Directors declared a quarterly dividend and approved an initial share repurchase authorization.
Technicians examine a 7HA.03 Gas turbine in Greenville

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4 min read

GE Vernova Releases Third Quarter 2024 Results

Today, GE Vernova released its third quarter 2024 earnings results. We delivered solid performance in the quarter with double-digit organic orders growth, continued revenue growth, and substantial cash flow. We also reaffirmed our GE Vernova 2024 financial guidance for revenue, adjusted EBITDA margin*, and free cash flow*. 
Sustainability Framework

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2 min read

GE Vernova Releases 2023 Sustainability Report

Earlier this week, GE Vernova released its 2023 Sustainability Report, our inaugural Sustainability Report as an independent, publicly traded company. We encourage you to review the materials on GE Vernova’s dedicated Sustainability website.In the report, you will find:
Celebration of first H-Class gas turbine made in Saudi Arabia

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2 min read

GE Vernova Releases Second Quarter 2024 Results

Today, GE Vernova released its second quarter 2024 earnings results. We delivered strong results in the second quarter with margin expansion across all segments, and substantial cash flow improvement, both sequentially and year-over-year. We also raised our full-year 2024 guidance for revenue, adjusted EBITDA margin* and free cash flow* (FCF).
gev investor day

Articles & Insights

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4 min read

Recent Activities at GE Vernova

We are excited to share several updates with you since we hosted our first earnings as an independent company in late April. We’ve been busy meeting with investors and analysts, discussing how GE Vernova is well positioned to lead in the energy transition, expand margins and grow free cash flow*.
earnings image

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2 min read

GE Vernova Releases First Quarter 2024 Results

.earn img { width: auto !important; } Today, GE Vernova released its first quarter 2024 earnings results after successfully launching as an independent, publicly traded company on April 2. We had a solid start to the year, with disciplined top line growth and significant margin expansion across all segments. We also reaffirmed our full year 2024 financial guidance for total company and our segments.
Bell ringing ceremony NYSE

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1 min read

Day One

Today is a momentous day for a company purpose built to electrify and decarbonize the world. We have officially completed our spin-off from GE and are now standing on our own as an independent, publicly traded company.