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Tariffs. Throughout 2025, the United States and other countries imposed global tariffs. These tariffs and any future tariffs will result in
Read in the filing ↗ Also in 10-Q of Oct 22, 2025
Tariffs. Throughout 2025, the United States and other countries imposed global tariffs. These tariffs have resulted, and any future tariffs will
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Tariffs. Throughout 2025 and 2026, the United States and other countries imposed global tariffs. These tariffs have resulted, and any
Read in the filing ↗ Also in 10-Q of Jul 22, 2026, 10-Q of Oct 28, 2026
recovery of certain tariffs. The actual impacts of tariffs may be significantly different than our current estimate. Our estimate is subject to
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future tariffs will result, in additional costs to us. The current total estimated cost impact from the global tariffs as outlined is approximately
Read in the filing ↗ Also in 10-Q of Jul 22, 2026
future tariffs will result, in additional costs to us. The total estimated cost impact from the global tariffs as outlined is under $100 million in
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volume at Onshore Wind services, and the impact of tariff recoveries at Onshore Wind.
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supply and demand, commodity prices, currency exchange rates, transportation costs, government regulations and tariffs, price controls,
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certain countries or entities, higher tariffs, restrictions on outbound investment, more detailed inspections, exchange controls, a
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of the tariffs, countermeasures that countries take, mitigating or other actions we take, and contractual implications.
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public health emergencies, increased tariffs or trade restrictions, or other business continuity events. Supplier nonperformance or
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certain countries. Changes to tariffs, import/export controls, trade barriers, inflation, sanctions, licensing and authorization requirements,
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beyond our control. These include global conflicts, global economic trends, geopolitical dynamics like sanctions, tariffs and other trade
Read in the filing ↗ Also in 10-K of Jan 29, 2026
also subject to global economic and geopolitical dynamics, including tariffs, and risks associated with exporting or importing components
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emergencies, increased tariffs or import or export restrictions, or other business continuity events, adversely affect our operations and,
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interest rates, changes in government monetary or fiscal policies, import or export restrictions, tariffs, labor market challenges, currency
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2026, after taking into consideration contractual protections and mitigating actions, including pursuing the recovery of certain tariffs. The
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pricing, availability, lead-times, country specific tariff impacts, and ESG compliance. Specifically, to minimize inflationary impacts, we have a
Read in the filing ↗ Also in 10-K of Jan 29, 2026
Changes in tax laws, tax rates, tariffs, adverse positions taken by taxing authorities, and tax audits could impact operating
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our ability to increase production capacity, efficiencies, and quality; our underwriting and risk management; the estimated impact of tariffs;
Read in the filing ↗ Also in 10-Q of Apr 22, 2026, 10-Q of Jul 22, 2026, 10-Q of Oct 28, 2026
sanctions, tariffs, import/export restrictions, severe weather events, as well as other factors. We operate in a supply-constrained
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into consideration contractual protections and mitigating actions. The future impacts of tariffs may be significantly different and are subject
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scope and nature of the tariffs, countermeasures that countries take, mitigating or other actions we take, and contractual implications.
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underwriting and risk management; the estimated impact of tariffs; the experiences we believe we are gaining across our Haliade-X
Read in the filing ↗ Also in 10-Q of Oct 22, 2025
including the amount, duration, scope and nature of the tariffs, countermeasures that countries take, mitigating or other actions we take,
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market has seen various changes related to sector-specific tariffs and production tax credits, increasing short-term demand volatility. We
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mitigate the impact of tariffs, we are diversifying our supply chains, increasing U.S. manufacturing capabilities, and engaging with policy
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judgment across diverse legal regimes. Changes in tax laws, tax rates, or interpretations; new or increased tariffs; adverse positions by
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to several factors including the amount, duration, scope and nature of the tariffs, countermeasures that countries take, mitigating or other
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tariffs may be significantly different than our current estimate. Our estimate is subject to several factors including the amount, duration,
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several factors including the amount, duration, and scope and nature of the tariffs, countermeasures that countries take, mitigating or other
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amount, duration, and scope and nature of the tariffs, countermeasures that countries take, mitigating or other actions we take, and
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impact of tariff recoveries and Onshore Wind services due to higher transactional volume, partially offset by Onshore Wind equipment due
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offset by lower contract losses of $0.4 billion. There were also decreases from the impact of tariffs across the segment.
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Segment EBITDA decreased $0.2 billion organically*, primarily at Onshore Wind due to lower equipment deliveries and the impact of tariffs,
Read in the filing ↗ Also in 10-Q of Jul 22, 2026
services, the loss of, or reduced orders from, key customers; retention of key suppliers and employees; changes in tariffs, changes in
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actual impacts of tariffs may be significantly different than our current estimate. Our estimate is subject to several factors including the
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partially offset by lower costs and higher transactional volume at Onshore Wind services, and the impact of tariff recoveries at Onshore
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operates. These factors, together with changes in tax laws, tax rates, tariffs, changes in interpretation of tax laws, the resolution of tax
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for the full year 2025, after taking into consideration contractual protections and mitigating actions. The actual impact of the tariffs may be
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performance and Offshore Wind due to the impact of tariffs, partially offset at Onshore Wind equipment due to an increase in units
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actions. The actual impact of the tariffs may be significantly different than our current estimate. Our estimate is subject to several factors
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impact of tariffs, and increased at Offshore Wind due to lower incremental contract losses, partially offset by the nonrecurrence of a gain
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contract losses, and decreases from the impact of tariffs across the segment, partially offset by increases at Onshore Wind due to improved
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from the impact of tariffs across the segment, partially offset by increases at Onshore Wind due to improved pricing on an increased
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additional costs to us. The current total estimated cost impact from the global tariffs as outlined is approximately $300 million to $400 million
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due to the impact of tariffs, partially offset at Onshore Wind equipment due to an increase in units delivered and market selectivity. The
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additional costs to us. The current total estimated cost impact from the global tariffs as outlined is trending towards the lower end of
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partially offset by the impact of tariffs, and increases at Offshore Wind due to lower contract losses, partially offset by the nonrecurrence of
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productivity, partially offset by the impact of tariffs, and increases at Offshore Wind due to lower contract losses of $0.5 billion, partially
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deliveries and the impact of tariffs, and at Offshore Wind due to higher contract losses, partially offset by lower costs at Onshore Wind
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and the impact of tariff recoveries at Onshore Wind; and an increase in depreciation and amortization expense across all segments of $0.6
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standards, or feed-in-tariffs, that support or are designed to support the sale of energy from utility scale renewable energy facilities, such as
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and Offshore Wind due to the impact of tariffs, partially offset at Onshore Wind equipment due to an increase in units delivered and market
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performance and Offshore Wind due to a termination of a supply agreement in the first quarter of 2025 and the impact of tariffs, partially
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billion, primarily at Onshore Wind due to an increase in the units delivered, partially offset by the impact of tariffs, and increases at Offshore
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offset by the impact of tariffs, and increases at Offshore Wind due to lower contract losses of $0.5 billion, partially offset by the
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decrease at Wind primarily at Onshore Wind due to lower equipment deliveries and the impact of tariffs, and at Offshore Wind due to higher
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primarily at Offshore Wind due to lower project costs and at Onshore Wind due to the impact of tariff recoveries and Onshore Wind services
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Systems Integration; and at Wind primarily at Offshore Wind due to lower project costs and at Onshore Wind due to the impact of tariff
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termination of a supply agreement in the first quarter of 2025 and the impact of tariffs, partially offset at Onshore Wind equipment due to an
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result in additional costs to us. The total cost impact from the global tariffs for the full year 2025 was approximately $250 million, after taking
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partially offset by a decrease at Wind of $(0.3) billion, primarily at Onshore Wind due to lower equipment deliveries and the impact of tariffs,
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• Changes in law, regulation or policy that may affect our businesses, such as trade policy and tariffs, regulation and incentives related to sustainability, climate change, environmental, health and safety laws, and tax law changes;
Read in the filing ↗ Also in 8-K of Oct 23, 2024, 8-K of Apr 25, 2024
• Global economic trends, competition and geopolitical risks, including impacts from the ongoing geopolitical conflicts (such as the Russia-Ukraine conflict and conflict in the Middle East), demand or supply shocks from events such as a major terrorist attack, natural disasters, actual or threatened public health pandemics or other emergencies, or an escalation of sanctions, tariffs or other trade tensions, and related impacts on our supply chains and strategies;
Read in the filing ↗ Also in 8-K of Oct 23, 2024, 8-K of Apr 25, 2024
(a) Excludes depreciation and amortization expenses. (b) Primarily includes equity method investment income and other interest and investment income. Third Quarter 2026 Performance: Orders of $2.1 billion increased 16% organically, driven by Onshore Wind equipment and services, especially for repowering in North America. Revenues of $2.7 billion increased 4% , 3% organically*, due to higher services at Onshore Wind and higher revenue at Offshore Wind , partially offset by Onshore Wind equipment deliveries. Segment EBITDA was $ 0.1 billion and segment EBITDA margin was 2.6% , up + 490 basis points , +420 basis points organically *, primaril y du e to lower project costs at Offshore Wind as well as the impact of tariff recoveries and higher services at Onshore Wind, partially offset by lower equipment at Onshore Wind . *Non-GAAP Financial Measure
Read in the filing ↗ Also in 8-K of Apr 22, 2026, 8-K of Oct 22, 2025, 8-K of Jan 28, 2026
… The guidance includes the impact of tariffs as currently outlined and resulting inflation, which is estimated to be approximately $300-$400 million, net of mitigating actions. Total Company Results
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… The guidance includes the impact of tariffs as currently outlined and resulting inflation, which is estimated to be trending toward the lower end of approximately $300-$400 million, net of mitigating actions. Total Company Results
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… flow* of $1.0 B, up $1.6 B • $8.1 B cash balance; $1.3B in capital returned to shareholders • Reaffirming 2025 guidance, including the estimated impact of tariffs as currently outlined and resulting inflation CAMBRIDGE, Mass., (April 23, 2025) – GE Vernova Inc. (NYSE: GEV), a unique industry leader enabling customers to accelerate the energy transition , today reported financial …
Read in the filing ↗ Also in 8-K of Apr 22, 2026
… These forward-looking statements may include, among others, statements about our future performance, anticipated growth, and expectations in our business; the energy transition; the demand for our products and services; our technologies and ability to innovate, anticipate, and address customer demands; our ability to increase production capacity, efficiencies, and quality; our underwriting and risk management; the estimated impact of tariffs …
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… These forward- looking statements include, among others, statements about the benefits we expect from our lean operating model; our expectations regarding the energy transition; the demand for our products and services; our ability to navigate the current dynamic environment ; the estimated impact of tariffs; our expectations of future increased business, revenues, and operating results; our ability to innovate and anticipate …
Read in the filing ↗ Also in 8-K of Oct 22, 2025, 8-K of Jan 28, 2026
… These forward-looking statements may include, among others, statements about our future performance, anticipated growth, and expectations in our business; the energy transition; the demand for our products and services; our technologies and ability to innovate, anticipate, and address customer demands; our ability to increase production capacity, efficiencies, and quality; our underwriting and risk management; the estimated impact of tariffs …
Read in the filing ↗ Also in 8-K of Jul 22, 2026