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GE Vernova Backlog Tops $176 Billion, Up $13 Billion Since Q2

GE Vernova logoGE Vernova
Sig4.33Sen+6.58Env-0.47Soc0.00Gov0.00

GE Vernova’s backlog has climbed to about $176 billion, growing another $13 billion since the second quarter and up 37% year over year. Demand for power equipment tied to the AI data-center boom is driving the rise, including especially strong gas-turbine orders. Backlog is evenly split between equipment sales ($87.8B) and services ($88.4B), with production slots mostly booked through 2030, supporting earnings visibility into the 2030s.

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