GE Vernova（GEV）2025年第二季度业绩报告「NYSE」（英文版）（10页）.pdf

1、GE Vernova reports second quarter 2025 financial resultsStrong 2Q25 results with continued growth,margin expansion and positive cash flow;raising 2025 guidanceSecond Quarter 2025 Highlights:Orders of$12.4B,+4%organically;continued strong demand at Power and ElectrificationBacklog1 growth of$5.2B seq

2、uentially from equipment and servicesGas Power equipment backlog and slot reservation agreements grew from 50 to 55 GWRevenue of$9.1B,+11%,+12%organically*with growth in both equipment and servicesNet income of$0.5B;net income margin of 5.4%Adjusted EBITDA*of$0.8B and adjusted EBITDA margin*of 8.5%C

3、ash from operating activities of$0.4B;free cash flow*of$0.2B$7.9B cash balance;$1.7B in capital returned to shareholders year-to-dateCAMBRIDGE,Mass.,(July 23,2025)GE Vernova Inc.(NYSE:GEV),a unique industry leader enabling customers to accelerate the energy transition,today reported financial result

4、s for the second quarter ending June 30,2025.“GE Vernova had a productive second quarter,positioning us well to continue to accelerate our growth and margin expansion from here.We grew our backlog by more than$5 billion and increased our Gas equipment backlog and slot reservation agreements from 50

5、to 55 gigawatts.With strength in Power and Electrification,we are raising our revenue,adjusted EBITDA margin,and free cash flow expectations for the year,”said GE Vernova CEO Scott Strazik.“We are at the beginning of an investment supercycle into more reliable baseload power,grid infrastructure and

6、decarbonization solutions.Our near-term results are improving,but more importantly,our long-term potential is accelerating faster.”In the second quarter,GE Vernova orders of$12.4 billion increased+4%organically,driven by robust equipment growth at Power and continued services strength.Revenue of$9.1