GE Vernova Inc. (BMV:GEV)
11,365
-259 (-2.23%)
At close: Dec 5, 2025
GE Vernova Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Revenue | 37,670 | 34,935 | 33,239 | 29,654 | 33,006 |
| Revenue Growth (YoY) | 9.44% | 5.10% | 12.09% | -10.16% | - |
| Cost of Revenue | 30,254 | 28,594 | 28,274 | 26,004 | 27,692 |
| Gross Profit | 7,416 | 6,341 | 4,965 | 3,650 | 5,314 |
| Selling, General & Admin | 4,276 | 4,207 | 3,976 | 4,222 | 4,684 |
| Research & Development | 1,097 | 982 | 896 | 979 | 1,008 |
| Operating Expenses | 5,373 | 5,189 | 4,872 | 5,201 | 5,692 |
| Operating Income | 2,043 | 1,152 | 93 | -1,551 | -378 |
| Interest Expense | -10 | -10 | -45 | -54 | -63 |
| Interest & Investment Income | 202 | 66 | 63 | 42 | 71 |
| Earnings From Equity Investments | 214 | 53 | -64 | 60 | -179 |
| Other Non Operating Income (Expenses) | 182 | 205 | 57 | 145 | 314 |
| EBT Excluding Unusual Items | 2,631 | 1,466 | 104 | -1,358 | -235 |
| Merger & Restructuring Charges | -201 | -421 | -443 | -314 | -506 |
| Gain (Loss) on Sale of Investments | 243 | 183 | 209 | 22 | - |
| Gain (Loss) on Sale of Assets | 111 | 964 | - | - | -123 |
| Asset Writedown | - | - | - | -824 | - |
| Legal Settlements | 52 | 306 | - | - | - |
| Pretax Income | 2,836 | 2,498 | -130 | -2,474 | -864 |
| Income Tax Expense | 1,143 | 939 | 344 | 248 | -140 |
| Earnings From Continuing Operations | 1,693 | 1,559 | -474 | -2,722 | -724 |
| Minority Interest in Earnings | 11 | -7 | 36 | -14 | 91 |
| Net Income | 1,704 | 1,552 | -438 | -2,736 | -633 |
| Net Income to Common | 1,704 | 1,552 | -438 | -2,736 | -633 |
| Shares Outstanding (Basic) | 274 | 275 | 274 | 274 | - |
| Shares Outstanding (Diluted) | 278 | 278 | 274 | 274 | - |
| Shares Change (YoY) | 0.63% | 1.46% | - | - | - |
| EPS (Basic) | 6.21 | 5.64 | -1.60 | -9.99 | - |
| EPS (Diluted) | 6.14 | 5.58 | -1.60 | -10.00 | - |
| Free Cash Flow | 2,473 | 1,700 | 442 | -627 | -2,237 |
| Free Cash Flow Per Share | 8.90 | 6.12 | 1.61 | -2.29 | - |
| Dividend Per Share | 1.000 | 0.250 | - | - | - |
| Gross Margin | 19.69% | 18.15% | 14.94% | 12.31% | 16.10% |
| Operating Margin | 5.42% | 3.30% | 0.28% | -5.23% | -1.15% |
| Profit Margin | 4.52% | 4.44% | -1.32% | -9.23% | -1.92% |
| Free Cash Flow Margin | 6.57% | 4.87% | 1.33% | -2.11% | -6.78% |
| EBITDA | 2,935 | 2,216 | 1,057 | -560 | 798 |
| EBITDA Margin | 7.79% | 6.34% | 3.18% | -1.89% | 2.42% |
| D&A For EBITDA | 892 | 1,064 | 964 | 991 | 1,176 |
| EBIT | 2,043 | 1,152 | 93 | -1,551 | -378 |
| EBIT Margin | 5.42% | 3.30% | 0.28% | -5.23% | -1.15% |
| Effective Tax Rate | 40.30% | 37.59% | - | - | - |
| Revenue as Reported | 37,670 | 34,935 | 33,239 | 29,654 | 33,006 |
Source: S&P Capital IQ. Standard template. Financial Sources.