| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | July 22, 2026 | 7/12 | 3 high, 4 medium, 1 low flags | 2 | 1 | Call sheet → |
| Q1'26 | April 22, 2026 | 11/12 | 1 medium, 5 low flags | 2 | 0 | Call sheet → |
| Q4'25 | January 28, 2026 | 10/12 | 3 medium, 5 low flags | 5 | 1 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Pending | Prolec contributing ~$3B revenue in 2026 $900M in Q2 suggests on track for slightly below $3B |
| Q2'26 | Pending | $14-14.5B Electrification revenue for 2026 Raised from prior $13.5-14B, tracking ahead at current run rate |
| Q2'26 | Missed | SST delivery to hyperscaler in fall 2026 Pushed to 'later this year', suggesting delays |
| Q2'26 | Pending | $600M G&A reduction by 2028 Claims 'on track' but no specific progress metrics provided |
| Q2'26 | Exceeded | 110+ GW under contract by year-end 2026 Already at 116 GW, now guiding to 125+ GW |
| Q2'26 | Exceeded | Reach $200B backlog by 2028 Now expecting to hit this in 2027, pulled forward by a year |
| Q2'26 | Pending | 20 GW annualized production by Q3 2026 On track per management, but won't know until Q3 shipment data |
| Q1'26 | Delivered | Complete Prolec acquisition and integration Closed February 2, integration proceeding with productivity improvements identified. |
| Q1'26 | Pending | Add at least as much equipment margin dollars in backlog in 2026 as in 2025 Strong Q1 start with $8B added in 2025 as baseline. |
| Q1'26 | Pending | Wind EBITDA losses approximately $400 million in 2026 Q1 losses $382M in line, maintaining full-year guidance. |
| Q1'26 | Pending | Electrification revenue $13.5-14.0 billion in 2026 Guidance raised to $14.0-14.5 billion, tracking ahead of plan. |
| Q1'26 | Pending | Power EBITDA margins between 16-18% in 2026 Q1 at 16.3%, guidance raised to 17-19% suggesting strong confidence. |
| Q1'26 | Exceeded | Reach approximately 100 gigawatts under contract in 2026 Already hit 100 GW in Q1, originally expected by year-end 2026. |
| Q4'25 | Delivered | Corporate costs increase year-over-year driven by stock compensation Confirmed higher corporate costs for AI, automation investments |
| Q4'25 | Exceeded | Electrification revenue growth approximately 20% for 2025 Delivered 26% growth, raised guidance to 'trend towards 25%' during year |
| Q4'25 | Exceeded | Prolec acquisition closing by mid-'26 Accelerated to February 2 closing due to rapid regulatory approvals |
| Q4'25 | Delivered | Gas turbine production ramp substantial step-up in 3Q '26 Confirmed 20 GW annualized capacity target starting 3Q '26 |
| Q4'25 | Exceeded | Approach 70 gigawatts of contractual gas power commitments by end of '25 Hit 83 gigawatts, beating by nearly 20% due to accelerated Q4 activity |
| Q4'25 | Missed | Wind EBITDA losses of approximately $400 million for full year 2025 Actual losses $600M due to Vineyard Wind stop-work order - 50% worse than guided in December |
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