Chief Executive Officer & Director, Ge Vernova
Search every verified Scott Strazik interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Scott Strazik, CEO of GE Vernova, discussed the company's second quarter 2026 earnings on a July 22 conference call. He stated that electricity demand is accelerating due to economic growth, grid modernization, electrification, and data center expansion, and said the company is "uniquely positioned to help meet this moment." Strazik noted that data center orders exceeded $5 billion year-to-date, doubling from the prior period, and that the company is investing in capacity expansions, R&D, robotics, and AI. He described the industry as being in "the early stages of a multi-decade growth opportunity" and an "electricity investment super cycle." On the call, Strazik also reported that GE Vernova raised its revenue and free cash flow guidance for 2026, citing strong first-half performance. He thanked employees, customers, and partners, and expressed confidence in the company's trajectory. The company's second quarter revenue was $11.1 billion, exceeding analyst expectations of $10.7 billion, with organic orders up 88% year-over-year.
“The long cycle electric power industry is in the early stages of a multi-decade growth opportunity and we are well positioned to create substantial value.”
“We are in the early stages of this electricity investment super cycle and we continue to see significant opportunity ahead given the strength of first half performance and confidence in our full year trajectory. And as Ken will go into further detail, we are raising our revenue and free cash flow guidance for 26.”
“And as Ken will go into further detail, we are raising our revenue and free cash flow guidance for 26.”
“We are in the early stages of this electricity investment super cycle and we continue to see significant opportunity ahead given the strength of first half performance and confidence in our full year trajectory.”
“The long cycle electric power industry is in the early stages of a multi-decade growth opportunity and we are well positioned to create substantial value.”
“We are in the early stages of this electricity investment super cycle and we continue to see significant opportunity ahead given the strength of first half performance and confidence in our full year trajectory. And as Ken will go into further detail, we are raising our revenue and free cash flow guidance for 26.”
“We're paying $5.275 billion planned to be funded 50% with cash and 50% with debt. We expect the transaction will close by mid 26. This acquisition fully aligns with our strategic and financial objectives. Prolle will further strengthen our capabilities in the grid equipment market primarily for transformers in North Am...”
“We are seeing significant investment in electrification where we expect our combined serviceable addressable market to grow an approximately 10% compounded growth rate doubling in size by 2030. There are three primary drivers increasing demand for grid investment. First, electricity demand is increasing from expanded e...”
“We are acting on the capital allocation principles we laid out for you last year. We're streamlining the company, generating significant cash, returning capital to shareholders, all while executing on M&A opportunities to strengthen our core business. We will use our free cash flow and balance sheet strength to fund or...”
“I would say the answer to that is no. We're not sitting here today uh trying to rationalize any reason we can't uh meet or exceed previous uh quote unquote peak uh margin levels in this business. When you think about any prior cycles, the reality is that the revenue um on the services side would have been substantially...”
“We are seeing customers invest in both new units and their existing assets, driving services growth with solid pricing. Year-to- date, our power services backlog has increased $4 billion with growth in gas and steam. On electrification, the breadth of market strength and increasing margins continues to reinforce our co...”
“We've had a solid start to 26. As global electrification accelerates, the structural drivers underpinning demand for our solutions continue to strengthen. The growth is just starting and there is no company better positioned to serve and transform the global electricity system than GE Vernova.”
“We are inspired and appreciative of the US and Japanese government's announcement of up to 40 billion for GE Vernova Hitachi to build SMRs in the US. This represents the best of government leadership to reindustrialize an industry that matters to the world's future.”
“Our Q1 electrification orders to the data centers were more than full year 25 results. Additionally, electrification's backlog in North America is now nearly as large as its backlog in Europe following a strong Q1 and the addition of Prolect.”
“We're raising our guidance based on the strong one Q results and the continued momentum we see in our business. For revenue, we now expect to be in the range of 44.5 to 45.5 billion, up $500 million compared to our previous expectation due to additional growth at electrification.”
Good day ladies and gentlemen and welcome to GE Vernova's second quarter 2026 earnings conference call at this time all ...
07/22/2026 Q&A: 33:28 GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies. It serves industrial, government, and other customers. The Wind segment offers wind generation technologies, including onshore and offshore wind turbines and blades. The El…
GE Vernova Inc (GEV) — Q2 FY26 Earnings Call Live coverage with Benzinga. Q2 FY26 Results EPS: $2.47 (est. $3.22) — inline Revenue: $11.10B (est. $10.75B) — inline Reported: 2026-07-22 Recent Quarters Q1 FY26 (2026-04-22): EPS $2.06 vs est $1.93 · Rev $9.34B vs est $9.28B Q4 FY25 (2026-01-28): EPS $2.79 vs est $3.09 · Rev $10.96B vs est $10.15B Q3 FY25 (2025-10-22): EPS $1.64 vs est $1.83 · Rev $9.97B vs est $9.17B Q2 FY25 (2025-07-23): EPS $1.86 vs est $1.54 · Rev $9.11B vs est $8.80B About GE Vernova Inc GE Vernova is a global leader in the electric power industry, with products and serv…
... please proceed welcome to ge bernova's fourth quarter 2025 earnings call i'm joined today by our ceo scott strazik and cfo kim ...
04/22/2026 Q&A: 37:46 GE Vernova Inc., an energy company, engages in the provision of various products and services that ...
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