GE Vernova and Eaton post Q2 results with electrification and order gains
GE Vernova and Eaton reported Q2 2026 results tied to AI-driven power demand. GE Vernova’s revenue rose 21.39% to $8.531B and adjusted EPS hit $3.15, beating estimates again. Power segment gas equipment orders grew 134% organically and electrification rose 68%, including $2.7B of data center orders, with backlog reaching $176B and the Boyd Thermal unit adding $432M in Q2.