GE Vernova Inc. (GEV)
NYSE: GEV · Real-Time Price · USD
1,088.93
-31.30 (-2.79%)
At close: Apr 28, 2026, 4:00 PM EDT
1,091.00
+2.07 (0.19%)
After-hours: Apr 28, 2026, 7:59 PM EDT
GE Vernova Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Revenue | 39,375 | 38,068 | 34,935 | 33,239 | 29,654 | 33,006 |
| Revenue Growth (YoY) | 10.27% | 8.97% | 5.10% | 12.09% | -10.16% | - |
| Cost of Revenue | 31,389 | 30,423 | 28,594 | 28,274 | 26,004 | 27,692 |
| Gross Profit | 7,986 | 7,645 | 6,341 | 4,965 | 3,650 | 5,314 |
| Selling, General & Admin | 4,299 | 4,306 | 4,207 | 3,976 | 4,416 | 4,684 |
| Research & Development | 1,262 | 1,197 | 982 | 896 | 979 | 1,008 |
| Operating Expenses | 5,561 | 5,503 | 5,189 | 4,872 | 5,395 | 5,692 |
| Operating Income | 2,425 | 2,142 | 1,152 | 93 | -1,745 | -378 |
| Interest Expense | - | - | -10 | -45 | -54 | -63 |
| Interest & Investment Income | 489 | 270 | 66 | 63 | 42 | 71 |
| Earnings From Equity Investments | 274 | 269 | 53 | -64 | 60 | -179 |
| Other Non Operating Income (Expenses) | 259 | 247 | 205 | 57 | 339 | 314 |
| EBT Excluding Unusual Items | 3,447 | 2,928 | 1,466 | 104 | -1,358 | -235 |
| Merger & Restructuring Charges | -417 | -284 | -421 | -443 | -314 | -506 |
| Gain (Loss) on Sale of Investments | 4,239 | 185 | 183 | 209 | 22 | - |
| Gain (Loss) on Sale of Assets | 330 | - | 964 | - | - | -123 |
| Asset Writedown | - | - | - | - | -824 | - |
| Legal Settlements | - | - | 306 | - | - | - |
| Pretax Income | 7,599 | 2,829 | 2,498 | -130 | -2,474 | -864 |
| Income Tax Expense | -1,765 | -2,051 | 939 | 344 | 248 | -140 |
| Earnings From Continuing Operations | 9,364 | 4,880 | 1,559 | -474 | -2,722 | -724 |
| Minority Interest in Earnings | 11 | 4 | -7 | 36 | -14 | 91 |
| Net Income | 9,375 | 4,884 | 1,552 | -438 | -2,736 | -633 |
| Net Income to Common | 9,375 | 4,884 | 1,552 | -438 | -2,736 | -633 |
| Net Income Growth | 384.25% | 214.69% | - | - | - | - |
| Shares Outstanding (Basic) | 271 | 272 | 275 | 274 | 274 | - |
| Shares Outstanding (Diluted) | 274 | 276 | 278 | 274 | 274 | - |
| Shares Change (YoY) | -1.79% | -0.72% | 1.46% | - | - | - |
| EPS (Basic) | 34.66 | 17.96 | 5.64 | -1.60 | -9.99 | - |
| EPS (Diluted) | 34.17 | 17.69 | 5.58 | -1.60 | -10.00 | - |
| EPS Growth | 393.46% | 217.02% | - | - | - | - |
| Free Cash Flow | 7,526 | 3,710 | 1,700 | 442 | -627 | -2,237 |
| Free Cash Flow Per Share | 27.44 | 13.44 | 6.12 | 1.61 | -2.29 | - |
| Dividend Per Share | 1.500 | 1.250 | 0.250 | - | - | - |
| Dividend Growth | 200.00% | 400.00% | - | - | - | - |
| Gross Margin | 20.28% | 20.08% | 18.15% | 14.94% | 12.31% | 16.10% |
| Operating Margin | 6.16% | 5.63% | 3.30% | 0.28% | -5.88% | -1.15% |
| Profit Margin | 23.81% | 12.83% | 4.44% | -1.32% | -9.23% | -1.92% |
| Free Cash Flow Margin | 19.11% | 9.75% | 4.87% | 1.33% | -2.11% | -6.78% |
| EBITDA | 3,415 | 2,995 | 2,216 | 1,057 | -754 | 798 |
| EBITDA Margin | 8.67% | 7.87% | 6.34% | 3.18% | -2.54% | 2.42% |
| D&A For EBITDA | 990 | 853 | 1,064 | 964 | 991 | 1,176 |
| EBIT | 2,425 | 2,142 | 1,152 | 93 | -1,745 | -378 |
| EBIT Margin | 6.16% | 5.63% | 3.30% | 0.28% | -5.88% | -1.15% |
| Effective Tax Rate | - | - | 37.59% | - | - | - |
| Revenue as Reported | 39,375 | 38,068 | 34,935 | 33,239 | 29,654 | 33,006 |
Source: S&P Capital IQ. Standard template. Financial Sources.