GE Vernova Income 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 2022
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
Revenue	38,068	34,935	33,239	29,654	33,006
Revenue Growth (YoY)	8.97%	5.10%	12.09%	-10.16%	-
Cost of Revenue	30,533	28,850	28,421	26,196	28,061
Gross Profit	7,535	6,085	4,818	3,458	4,945
Selling, General & Admin	4,949	4,632	4,845	5,360	4,821
Research & Development	1,197	982	896	979	1,008
Operating Income	1,388	471	-923	-2,881	-884
Interest Income	186	120	-98	-151	-172
Other Non-Operating Income (Expense)	1,440	2,028	793	407	20
Total Non-Operating Income (Expense)	1,626	2,148	695	256	-152
Pretax Income	2,828	2,498	-130	-2,474	-864
Provision for Income Taxes	-2,051	939	344	248	-140
Net Income	4,884	1,552	-438	-2,736	-633
Minority Interest in Earnings	-4	7	-36	14	-91
Net Income to Common	4,884	1,552	-438	-2,736	-633
Net Income Growth	214.69%	-	-	-	-
Shares Outstanding (Basic)	272	275	274	274	-
Shares Outstanding (Diluted)	276	278	274	274	-
Shares Change (YoY)	-0.72%	1.46%	-	-	-
EPS (Basic)	17.92	5.65	-1.60	-10.00	-
EPS (Diluted)	17.69	5.58	-1.60	-10.00	-
EPS Growth	217.02%	-	-	-	-
Free Cash Flow	3,710	1,700	442	-627	-2,237
Free Cash Flow Growth	118.23%	284.62%	-	-	-
Free Cash Flow Per Share	13.44	6.12	1.61	-2.29	-
Dividends Per Share	1.250	0.250	-	-	-
Dividend Growth	400.00%	-	-	-	-
Gross Margin	19.79%	17.42%	14.50%	11.66%	14.98%
Operating Margin	3.65%	1.35%	-2.78%	-9.72%	-2.68%
Profit Margin	12.82%	4.46%	-1.43%	-9.18%	-2.19%
FCF Margin	9.75%	4.87%	1.33%	-2.11%	-6.78%
EBITDA	2,241	1,643	41	-1,084	292
EBITDA Margin	5.89%	4.70%	0.12%	-3.66%	0.88%
EBIT	1,388	471	-923	-2,881	-884
EBIT Margin	3.65%	1.35%	-2.78%	-9.72%	-2.68%
Effective Tax Rate	-72.52%	37.59%	-264.62%	-10.02%	16.20%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.