The numbers GEV said it expected, in its earnings releases of the last 3 years, next to what it then reported for the same period. Each target links to the sentence in the release; each result to the 10-Q or 10-K it was first reported in.
Of 2 range targets with a reported result: 1 came in above the last range given, 1 within it, 0 below it.
| Target | What the company said | Reported | Result |
|---|---|---|---|
| Free cash flow (company-defined) Fiscal 2028 |
Given at least $24.00B release 2026-01-28
|
– | No standard number |
The company's wordsFor GE Vernova’s outlook by 2028, the company now expects revenue of $56 billion, up from $52 billion, with low- teens 2 organic growth, adjusted EBITDA margin* of 20%, and cumulative free cash flow* of at least $24 billion, up from at least $22 billion. release 2026-01-28 | |||
| Free cash flow (company-defined) Fiscal 2026 |
Given $5.00B to $5.50B release 2026-01-28
Raised $6.50B to $7.50B release 2026-04-22
Raised $16.00B to $17.00B release 2026-10-28
|
– | No standard number |
The company's wordsFor 2026, GE Vernova now expects revenue of $44-$45 billion, up from $41-$42 billion, adjusted EBITDA margin* of 11%-13%, and free cash flow* of $5.0 -$5.5 billion, up from $4.5-$5.0 billion. release 2026-01-28 Given our strong results and continued business momentum, we are increasing our guidance for 2026 revenue, adjusted EBITDA margin, and free cash flow. ” 2026 Guidance GE Vernova is raising its 2026 financial guidance and now expects revenue of $44.5-$45.5 billion, up from $44-45 billion, adjusted EBITDA margin* of 12%-14%, up from 11%-13%, and free cash flow* of $6.5-$7.5 billion, up from $5.0-$5.5 billion. release 2026-04-22 Based on our strong financial performance, we are raising our guidance for 2026 revenue, adjusted EBITDA margin, and free cash flow. ” 2026 Guidance GE Vernova is raising its 2026 financial guidance and now expects revenue of $46.5-$47.5 billion, up from $45.5-$46.5 billion, adjusted EBITDA margin* of 13.5%-14.5%, up from 12%-14%, and free cash flow* of $16-$ 17 billion, up from $11.5-$12.5 billion. release 2026-10-28 | |||
| Revenue Fiscal 2026 |
Given $44.00B to $45.00B release 2026-01-28
Raised $44.50B to $45.50B release 2026-04-22
Raised $46.50B to $47.50B release 2026-10-28
|
– | Not reported yet |
The company's wordsFor 2026, GE Vernova now expects revenue of $44-$45 billion, up from $41-$42 billion, adjusted EBITDA margin* of 11%-13%, and free cash flow* of $5.0 -$5.5 billion, up from $4.5-$5.0 billion. release 2026-01-28 Given our strong results and continued business momentum, we are increasing our guidance for 2026 revenue, adjusted EBITDA margin, and free cash flow. ” 2026 Guidance GE Vernova is raising its 2026 financial guidance and now expects revenue of $44.5-$45.5 billion, up from $44-45 billion, adjusted EBITDA margin* of 12%-14%, up from 11%-13%, and free cash flow* of $6.5-$7.5 billion, up from $5.0-$5.5 billion. release 2026-04-22 Based on our strong financial performance, we are raising our guidance for 2026 revenue, adjusted EBITDA margin, and free cash flow. ” 2026 Guidance GE Vernova is raising its 2026 financial guidance and now expects revenue of $46.5-$47.5 billion, up from $45.5-$46.5 billion, adjusted EBITDA margin* of 13.5%-14.5%, up from 12%-14%, and free cash flow* of $16-$ 17 billion, up from $11.5-$12.5 billion. release 2026-10-28 | |||
| Free cash flow (company-defined) Fiscal 2025 (ended 2025-12-31) |
Given $3.00B to $3.50B release 2025-10-22
|
– | No standard number |
The company's wordsWe’re reaffirming our 2025 financial guidance, and we look forward to providing our 2026 financial guidance and updated outlook by 2028 at our investor event on December 9. ” 2025 Guidance: GE Vernova is reaffirming its 2025 financial guidance and expects revenue to trend towards the higher end of $36-$37 billion, adjusted EBITDA margin* of 8%-9%, and free cash flow* of $3.0-$3.5 billion. release 2025-10-22 | |||
| Revenue Fiscal 2025 (ended 2025-12-31) |
Given $36.00B to $37.00B release 2025-01-22
|
$38.07B 10-K filed 2026-01-29 |
Above the range |
The company's wordsToday, we are also reaffirming our 2025 financial guidance. ” Guidance: GE Vernova is reaffirming its 2025 financial guidance of revenue of $36-$37 billion, high-single digits adjusted EBITDA margin*, free cash fl ow* of $2.0-$2.5 billion, and s egment guidance of: release 2025-01-22 | |||
| Revenue Fiscal 2024 (ended 2024-12-31) |
Given $34.00B to $35.00B release 2024-04-25
|
$34.94B 10-K filed 2025-02-06 |
Within the range |
The company's wordsGE Vernova reaffirmed its 2024 financial guidance for revenue of $34-35 billion, adjusted EBITDA margin* at the high end of mid-single digits, cash from operating activities of $1.5-1.9 billion, and free cash flow* of $0.7-1.1 billion. release 2024-04-25 | |||
Targets are read from the sentences of the EX-99 exhibits of 8-K item 2.02 filings (10 releases since 2024-04-25), without AI; in outlook tables only the first column is read. The result compares the reported number with the last range given before the period was reported. Results come from SEC's XBRL company facts, as first reported. A company's target can use its own definition (META's capital expenditures include finance lease payments, for example), so read the quote.
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