๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข EPS: $2.47 (Est. $3.04) โ
โข Revenue: $11.10B (Est. $10.77B) โ
โข Orders: $24.2B, +88% organically
โข Adjusted EBITDA: $1.25B, margin 11.3%, +280 bps YoY
โข Free cash flow: $5.11B
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข FY2026 revenue: $45.5Bโ46.5B (Est. $45.48B) ๐ฐ
โข FY2026 adjusted EBITDA margin: 12%โ14%
โข FY2026 free cash flow: $11.5Bโ12.5B, raised from $6.5Bโ7.5B โ
โข Power organic revenue growth: 18%โ20%, raised from 16%โ18%
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Backlog increased by $13.0B sequentially to $176B, supported by strong equipment and services demand.
โข Gas Power equipment backlog and slot reservation agreements increased to 116 GW, with management now expecting at least 125 GW by year-end.
โข Data center orders exceeded $5B year-to-date, more than double the full-year 2025 total.
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
CEO Scott Strazik said global demand across Power and Electrification continues to accelerate, driving record backlog, strong cash generation and higher guidance. He highlighted expanding gas turbine capacity and rapidly growing data center demand as key long-term growth drivers.