GE Vernova's backlog reached $176 billion driven by AI data center demand, but its wind business lost $313 million in the first half of 2026.
GE Vernova Inc. operates 3 segments to sell electricity generation and transmission equipment, including gas turbines, wind turbines, and grid solutions, to utility companies and power developers globally. In the trailing twelve months, the company generated $41,368 million in revenue and $9,529 million in net income. Strengths: The company has a backlog of $176 billion as of second quarter 2026,