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GE Vernova Inc. (TSX:GEV)
Canada flag Canada · Delayed Price · Currency is CAD
58.12
+0.60 (1.04%)
At close: Mar 18, 2026

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2022
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
US Revenue
17.34B14.68B
US Revenue Growth
18.14%17.74%
Europe Revenue
7.59B8.33B
Europe Revenue Growth
-8.78%-1.09%
Asia Revenue
4.63B4.70B
Asia Revenue Growth
-1.47%-10.67%
Americas Revenue
3.12B3.04B
Americas Revenue Growth
2.57%-4.38%
Middle East and Africa Revenue
5.39B4.19B
Middle East and Africa Revenue Growth
28.49%7.02%
Total Non-US Revenue
20.73B20.26B
Total Non-US Revenue Growth
2.33%-2.48%
Revenue (Total)
38.07B34.94B
Revenue (Total) Growth
8.97%5.10%

Revenue Breakdown

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2022
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Power Revenue
19.77B18.13B
Power Revenue Growth
9.05%3.96%
Wind Revenue
9.11B9.70B
Wind Revenue Growth
-6.09%-1.27%
Electrification Revenue
9.64B7.55B
Electrification Revenue Growth
27.71%18.38%
Eliminations and Other Revenue
-451.00M-443.00M
Revenue (Total)
38.07B34.94B
Revenue (Total) Growth
8.97%5.10%

Revenue Breakdown 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2022
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Equipment Revenue
20.93B18.95B
Equipment Revenue Growth
10.46%3.80%
Services Revenue
17.13B15.98B
Services Revenue Growth
7.20%6.69%
Revenue (Total)
38.07B34.94B
Revenue (Total) Growth
8.97%5.10%

Adjusted EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2022
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Power Segment Adjusted EBITDA
2.90B2.27B
Power Segment Adjusted EBITDA Growth
27.95%31.71%
Wind Segment Adjusted EBITDA
-598.00M-588.00M
Electrification Segment Adjusted EBITDA
1.43B679.00M
Electrification Segment Adjusted EBITDA Growth
111.05%190.17%
Corporate and Other Segment Adjusted EBITDA
-541.00M-324.00M
Operating Income (Total)
1.39B471.00M
Operating Income (Total) Growth
194.69%-

Capital Expenditures

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2022
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Power Capital Expenditures
573.00M380.00M
Power Capital Expenditures Growth
50.79%19.12%
Wind Capital Expenditures
193.00M250.00M
Wind Capital Expenditures Growth
-22.80%-23.08%
Electrification Capital Expenditures
273.00M153.00M
Electrification Capital Expenditures Growth
78.43%106.76%
Other Capital Expenditures
214.00M93.00M
Other Capital Expenditures Growth
130.11%365.00%

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2022
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Equipment Remaining Performance Obligations (RPO)
64.25B43.05B
Equipment Remaining Performance Obligations (RPO) Growth
49.24%6.35%
Services Remaining Performance Obligations (RPO)
85.99B75.98B
Services Remaining Performance Obligations (RPO) Growth
13.18%1.14%
Total Remaining Performance Obligations (RPO)
150.24B119.02B
Total Remaining Performance Obligations (RPO) Growth
26.23%2.96%
Power Orders
32.84B21.76B
Power Orders Growth
50.91%24.86%
Wind Orders
7.68B7.09B
Wind Orders Growth
8.37%-37.94%
Electrification Orders
19.27B15.69B
Electrification Orders Growth
22.79%18.83%
Total Orders
59.32B44.09B
Total Orders Growth
34.54%5.89%
Updated Dec 31, 2025. Data Source: Fiscal.ai.