The strong demand for power equipment from data centers has prompted GE Vernova to raise its annual revenue and adjusted core profit margin forecasts. The company's revenue in the first quarter reached $9.34 billion, up 16.3% year-on-year, exceeding expectations. Earnings per share stood at $17.44, with adjusted core profit reaching $896 million, both surpassing analyst expectations. It is projected that U.S. electricity consumption will hit a new high in 2025 and continue to grow in 2026-2027, primarily driven by demand from data centers. GE Vernova expects that by the end of the year, its backlog of gas turbine orders and site reservation agreements will reach at least 110 gigawatts. Revenue for 2026 is projected to be between $44.5 billion and $45.5 billion, higher than previously expected, with an adjusted core profit margin expected to range between 12% and 14%, also exceeding expectations. First-quarter orders reached $18.3 billion, with organic growth exceeding 71%, largely driven by growth in the Power, Electrification, and Wind segments, with significant improvements in core profit for the Electrification and Power segments.