GE Vernova Inc. (GEV)

GEV Financials

GEV Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	39.375B	9.339B	10.956B	9.969B	9.111B	8.041B	10.558B	8.913B	8.204B
Cost of Goods Sold	31.528B	7.557B	8.635B	8.071B	7.265B	6.519B	8.435B	7.804B	6.502B
Gross Profit	7.846B	1.781B	2.321B	1.898B	1.846B	1.522B	2.123B	1.109B	1.702B
Gross Profit Margin	19.1%	19.1%	21.2%	19.0%	20.3%	18.9%	20.1%	12.4%	20.7%
Total Operating Expenses	6.321B	1.602B	1.719B	1.532B	1.468B	1.446B	1.530B	1.468B	1.175B
Research & Development	1.262B	304.000M	366.000M	310.000M	282.000M	239.000M	265.000M	243.000M	237.000M
Selling, General & Administrative	5.059B	1.298B	1.355B	1.221B	1.185B	1.207B	1.266B	1.226B	938.000M
Operating Income (EBIT)	1.524B	179.000M	601.000M	366.000M	378.000M	76.000M	593.000M	-359.000M	527.000M
Operating Margin	1.9%	1.9%	5.5%	3.7%	4.1%	0.9%	5.6%	-4.0%	6.4%
Income Before Tax (EBT)	7.599B	5.103B	1.105B	746.000M	645.000M	333.000M	1.113B	-122.000M	1.602B
Interest Income	274.000M	—	80.000M	135.000M	59.000M	72.000M	104.000M	57.000M	81.000M
Interest Expense	—	—	—	—	—	—	—	—	—
Other Income/Expense	6.075B	4.924B	504.000M	380.000M	267.000M	257.000M	520.000M	237.000M	1.075B
Net Income	9.375B	4.745B	3.664B	452.000M	514.000M	254.000M	484.000M	-96.000M	1.294B
Income Tax Expense	-1.765B	354.000M	-2.565B	293.000M	153.000M	68.000M	629.000M	-23.000M	322.000M
Net Profit Margin	50.8%	50.8%	33.4%	4.5%	5.6%	3.2%	4.6%	-1.1%	15.8%
EBITDA	8.589B	5.445B	1.335B	959.000M	850.000M	538.000M	861.000M	38.000M	1.856B
EBITDA Margin	58.3%	58.3%	12.2%	9.6%	9.3%	6.7%	8.2%	0.4%	22.6%
Depreciation & Amortization	990.000M	342.000M	230.000M	213.000M	205.000M	205.000M	269.000M	398.000M	254.000M
EPS Basic	34.65	17.65	13.45	1.66	1.89	0.92	1.75	-0.35	4.72
EPS Diluted	34.22	17.44	13.28	1.64	1.86	0.91	1.73	-0.35	4.65
Shares Outstanding	269.000M	269.000M	272.000M	272.000M	272.000M	275.000M	275.000M	275.000M	274.000M
Diluted Shares Outstanding	272.000M	272.000M	276.000M	275.000M	276.000M	279.000M	278.000M	275.000M	278.000M

GEV Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Revenue	38.068B	34.943B	33.239B	29.654B	33.006B
Cost of Goods Sold	30.533B	28.634B	28.421B	26.196B	28.061B
Gross Profit	7.535B	6.309B	4.818B	3.458B	4.945B
Gross Profit Margin	19.8%	18.1%	14.5%	11.7%	15.0%
Total Operating Expenses	6.146B	5.522B	5.741B	6.339B	5.829B
Research & Development	1.197B	982.000M	896.000M	979.000M	1.008B
Selling, General & Administrative	4.949B	4.540B	4.845B	5.360B	4.821B
Operating Income (EBIT)	1.388B	787.000M	-923.000M	-2.881B	-884.000M
Operating Margin	3.6%	2.3%	-2.8%	-9.7%	-2.7%
Income Before Tax (EBT)	2.828B	2.498B	-130.000M	-2.474B	-864.000M
Interest Income	186.000M	186.000M	63.000M	42.000M	71.000M
Interest Expense	—	—	98.000M	151.000M	172.000M
Other Income/Expense	1.440B	1.711B	793.000M	407.000M	20.000M
Net Income	4.884B	1.552B	-438.000M	-2.736B	-633.000M
Income Tax Expense	-2.051B	939.000M	344.000M	248.000M	-140.000M
Net Profit Margin	12.8%	4.4%	-1.3%	-9.2%	-1.9%
EBITDA	3.681B	3.562B	932.000M	-526.000M	484.000M
EBITDA Margin	9.7%	10.2%	2.8%	-1.8%	1.5%
Depreciation & Amortization	853.000M	1.064B	964.000M	1.797B	1.176B
EPS Basic	17.92	5.64	-1.61	-10.06	-2.33
EPS Diluted	17.69	5.58	-1.61	-10.06	-2.33
Shares Outstanding	272.000M	275.000M	272.084M	272.084M	272.084M
Diluted Shares Outstanding	276.000M	278.000M	272.084M	272.084M	272.084M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About GE Vernova Inc.

GE Vernova Inc. is an energy enterprise primarily engaged in generating electricity. Its business activities are categorized into three main divisions: Power, Wind, and Electrification. The Power segment is responsible for producing and distributing electricity from various sources, including hydroelectric, natural gas, nuclear, and steam power. The Wind division concentrates on the fabrication and sale of wind turbine blades. Meanwhile, the Electrification segment offers an array of services such as grid infrastructure solutions, power conversion technologies, and both solar and energy storage systems. The company was established in 2023 and has its headquarters situated in Cambridge, Massachusetts.

Cambridge, MA

76,800 employees

www.gevernova.com

Utilities / Renewable Utilities

Sector: Utilities
Industry: Renewable Utilities
CEO: Scott L. Strazik

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