The company reported net income of $4,750 million for Q1 2026, with a net income margin of 50.9%, including $4.5B in pre-tax M&A net gains, primarily from Prolec GE.

1. 01

   The company reported net income of $4,750 million for Q1 2026, with a net income margin of 50.9%, including $4.5B in pre-tax M&A net gains, primarily from Prolec GE.

2. 02

   The company said orders for Q1 2026 were $18.3B, up 71% organically, and backlog grew $13.0B sequentially from the prior quarter, including approximately $5B from Prolec GE.

3. 03

   The company reported cash from operating activities of $5.2B for Q1 2026, free cash flow of $4.8B, a cash balance of $10.2B, and capital returned to shareholders of $1.4B.

4. 04

   The company said it is raising its 2026 guidance to revenue of $44.5-$45.5 billion from $44-45 billion, adjusted EBITDA margin of 12%--14% from 11%--13%, and free cash flow of $6.5-$7.5 billion from $5.0-$5.5 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.