GE Vernova Inc. (NEO:GEV)
Canada · Delayed Price · Currency is CAD 39.75
-1.53 (-3.71%)
Sep 5, 2025, 2:15 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 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 36,615 | 34,935 | 33,239 | 29,654 | 33,006 | |
Revenue Growth (YoY) | 8.45% | 5.10% | 12.09% | -10.16% | - |
Cost of Revenue | 29,853 | 28,594 | 28,274 | 26,004 | 27,692 |
Gross Profit | 6,762 | 6,341 | 4,965 | 3,650 | 5,314 |
Selling, General & Admin | 4,283 | 4,207 | 3,976 | 4,222 | 4,684 |
Research & Development | 1,029 | 982 | 896 | 979 | 1,008 |
Operating Expenses | 5,312 | 5,189 | 4,872 | 5,201 | 5,692 |
Operating Income | 1,450 | 1,152 | 93 | -1,551 | -378 |
Interest Expense | -10 | -10 | -45 | -54 | -63 |
Interest & Investment Income | 123 | 66 | 63 | 42 | 71 |
Earnings From Equity Investments | 135 | 53 | -64 | 60 | -179 |
Other Non Operating Income (Expenses) | 222 | 205 | 57 | 145 | 314 |
EBT Excluding Unusual Items | 1,920 | 1,466 | 104 | -1,358 | -235 |
Merger & Restructuring Charges | -322 | -421 | -443 | -314 | -506 |
Gain (Loss) on Sale of Investments | 207 | 183 | 209 | 22 | - |
Gain (Loss) on Sale of Assets | 111 | 964 | - | - | -123 |
Asset Writedown | - | - | - | -824 | - |
Legal Settlements | 306 | 306 | - | - | - |
Pretax Income | 1,968 | 2,498 | -130 | -2,474 | -864 |
Income Tax Expense | 827 | 939 | 344 | 248 | -140 |
Earnings From Continuing Operations | 1,141 | 1,559 | -474 | -2,722 | -724 |
Minority Interest in Earnings | 15 | -7 | 36 | -14 | 91 |
Net Income | 1,156 | 1,552 | -438 | -2,736 | -633 |
Net Income to Common | 1,156 | 1,552 | -438 | -2,736 | -633 |
Shares Outstanding (Basic) | 275 | 275 | 274 | 274 | - |
Shares Outstanding (Diluted) | 279 | 278 | 274 | 274 | - |
Shares Change (YoY) | 1.46% | 1.46% | - | - | - |
EPS (Basic) | 4.20 | 5.64 | -1.60 | -9.99 | - |
EPS (Diluted) | 4.15 | 5.58 | -1.60 | -10.00 | - |
Free Cash Flow | 2,708 | 1,700 | 442 | -627 | -2,237 |
Free Cash Flow Per Share | 9.71 | 6.12 | 1.61 | -2.29 | - |
Dividend Per Share | 0.750 | 0.250 | - | - | - |
Gross Margin | 18.47% | 18.15% | 14.94% | 12.31% | 16.10% |
Operating Margin | 3.96% | 3.30% | 0.28% | -5.23% | -1.15% |
Profit Margin | 3.16% | 4.44% | -1.32% | -9.23% | -1.92% |
Free Cash Flow Margin | 7.40% | 4.87% | 1.33% | -2.11% | -6.78% |
EBITDA | 2,419 | 2,216 | 1,057 | -560 | 798 |
EBITDA Margin | 6.61% | 6.34% | 3.18% | -1.89% | 2.42% |
D&A For EBITDA | 969 | 1,064 | 964 | 991 | 1,176 |
EBIT | 1,450 | 1,152 | 93 | -1,551 | -378 |
EBIT Margin | 3.96% | 3.30% | 0.28% | -5.23% | -1.15% |
Effective Tax Rate | 42.02% | 37.59% | - | - | - |
Revenue as Reported | 36,615 | 34,935 | 33,239 | 29,654 | 33,006 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.