In May 2025, GE Vernova emerged as a top performer in the industrial sector, showcasing impressive financial results for the first quarter. The company reported $10.2 billion in orders, marking an 8% organic increase, and achieved $8.0 billion in revenue, an 11% rise from the previous year. Net income saw a major turnaround to $0.3 billion, with an adjusted EBITDA of $0.5 billion at a 5.7% margin. Free cash flow improved to $1.0 billion, and the cash balance stood at $8.1 billion, with $1.3 billion returned to shareholders, according to GE Vernova's official reports.
Reuters noted that GE Vernova is now a significant force in the power industry, being a leader in electrification and the manufacturing of turbines and wind components. This profitability upswing comes as energy demands rise, fueled by developments in AI, increased onshoring, and growing electricity consumption.
Meanwhile, Copart Inc., reported solid financial results in the second quarter of fiscal 2025 with a revenue of $1.16 billion, up 14% year-over-year, and a net income of $387.4 million, a 19% increase. Their EPS of $0.40 surpassed expectations, and cash and cash equivalents climbed to $3.34 billion. Despite these strong figures, TechDows reported that Copart's stock hit a 12-month low, trading as low as $59.46, likely due to concerns over rising facility-related costs and possible future challenges.