GE Vernova Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Net Income	4,884	1,552	-438	-2,736	-633
Depreciation & Amortization	853	1,064	964	991	1,176
Loss (Gain) From Sale of Assets	-	-964	-	-	-
Asset Writedown & Restructuring Costs	-	108	-	806	-
Loss (Gain) From Sale of Investments	-138	-66	-90	-	-
Other Operating Activities	-4,709	-230	-380	246	-940
Change in Accounts Receivable	-2,384	-1,706	-726	-517	-1,445
Change in Inventory	-1,433	-641	-240	-949	400
Change in Accounts Payable	-105	667	-716	643	63
Change in Unearned Revenue	8,019	2,799	2,812	1,282	-495
Change in Other Net Operating Assets	-	-	-	120	214
Operating Cash Flow	4,987	2,583	1,186	-114	-1,660
Operating Cash Flow Growth	93.07%	117.79%	-	-	-
Capital Expenditures	-1,277	-883	-744	-513	-577
Sale of Property, Plant & Equipment	39	25	60	53	69
Divestitures	60	813	-	-	-
Investment in Securities	377	130	149	-53	-369
Other Investing Activities	46	-122	-199	191	-264
Investing Cash Flow	-755	-37	-734	-322	-1,141
Short-Term Debt Issued	-	-	16	15	-
Total Debt Issued	-	-	16	15	-
Short-Term Debt Repaid	-	-23	-	-	-104
Total Debt Repaid	-	-23	-	-	-104
Net Debt Issued (Repaid)	-	-23	16	15	-104
Repurchase of Common Stock	-3,316	-43	-	-	-
Common Dividends Paid	-275	-	-	-	-
Other Financing Activities	-222	3,718	-424	796	2,100
Financing Cash Flow	-3,813	3,652	-408	811	1,996
Foreign Exchange Rate Adjustments	224	-147	22	-87	-66
Miscellaneous Cash Flow Adjustments	2	-603	582	21	-
Net Cash Flow	645	5,448	648	309	-871
Free Cash Flow	3,710	1,700	442	-627	-2,237
Free Cash Flow Growth	118.23%	284.62%	-	-	-
Free Cash Flow Margin	9.75%	4.87%	1.33%	-2.11%	-6.78%
Free Cash Flow Per Share	13.44	6.12	1.61	-2.29	-
Cash Interest Paid	53	74	83	77	88
Cash Income Tax Paid	830	623	2	91	209
Levered Free Cash Flow	5,278	3,094	1,376	-	-
Unlevered Free Cash Flow	5,278	3,100	1,404	-	-
Change in Working Capital	4,097	1,119	1,130	579	-1,263

Source: S&P Global Market Intelligence. Standard template. Financial Sources.