General Electric Company Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	+20 Quarters
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021	Jun '21 Jun 30, 2021	Mar '21 Mar 31, 2021	Dec '20 Dec 31, 2020	Sep '20 Sep 30, 2020	Jun '20 Jun 30, 2020	+20 Quarters
Operating Revenue	9,000	9,879	8,943	8,222	8,076	8,547	8,460	7,907	7,045	16,044	13,826	13,362	11,910	19,491	17,813	17,470	16,316	20,264	17,866	16,049	Upgrade
Other Revenue	934	932	899	871	879	909	842	847	792	783	645	765	764	812	756	783	754	747	663	756	Upgrade
Revenue	9,934	10,811	9,842	9,093	8,955	9,456	9,302	8,754	7,837	16,827	14,471	14,127	12,674	20,303	18,569	18,253	17,070	21,011	18,529	16,805	Upgrade
Revenue Growth (YoY)	10.93%	14.33%	5.80%	3.87%	14.27%	-43.80%	-35.72%	-38.03%	-38.16%	-17.12%	-22.07%	-22.61%	-25.75%	-3.37%	0.22%	8.62%	-12.42%	-19.92%	-20.68%	-28.23%	Upgrade
Cost of Revenue	5,992	6,762	6,200	5,575	5,746	6,254	5,990	5,689	4,996	12,342	11,468	10,509	9,747	14,293	13,341	13,430	12,438	14,762	13,925	13,487	Upgrade
Gross Profit	3,241	3,628	2,928	2,851	2,582	2,445	2,602	2,330	2,158	3,687	2,499	2,949	2,307	5,373	4,554	4,307	4,049	6,236	3,575	2,207	Upgrade
Selling, General & Admin	699	188	801	663	940	-436	956	870	888	1,047	2,146	1,870	1,970	3,162	3,246	3,334	3,341	5,661	2,976	2,724	Upgrade
Research & Development	359	385	331	300	270	296	247	239	229	517	426	439	403	705	627	604	561	636	595	611	Upgrade
Operating Expenses	1,058	573	1,132	963	1,210	-140	1,203	1,109	1,117	1,564	2,572	2,309	2,373	3,867	3,873	3,938	3,902	6,297	3,571	3,335	Upgrade
Operating Income	2,183	3,055	1,796	1,888	1,372	2,585	1,399	1,221	1,041	2,123	-73	640	-66	1,506	681	369	147	-61	4	-1,128	Upgrade
Interest Expense	-210	-224	-251	-248	-263	-262	-270	-249	-248	-347	-374	-368	-387	-426	-462	-488	-499	-1,052	-313	-333	Upgrade
Interest & Investment Income	173	197	187	200	229	179	163	128	168	205	123	54	93	104	133	233	152	322	87	-	Upgrade
Earnings From Equity Investments	38	66	28	34	45	65	47	20	37	91	14	77	38	16	-149	57	-20	7	-	-	Upgrade
Currency Exchange Gain (Loss)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14	35	-32	Upgrade
Other Non Operating Income (Expenses)	102	-666	121	126	322	-1,176	297	239	228	-1,010	439	1,909	335	1,045	-73	-326	52	1,818	-550	-330	Upgrade
EBT Excluding Unusual Items	2,286	2,428	1,881	2,000	1,705	1,391	1,636	1,359	1,226	1,062	129	2,312	13	2,245	130	-155	-168	1,020	-737	-1,823	Upgrade
Merger & Restructuring Charges	-53	-84	-450	-159	-345	-337	-194	-209	-211	-934	-283	-45	-148	-83	-164	-330	-241	-366	-242	-436	Upgrade
Impairment of Goodwill	-	-	-251	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-877	Upgrade
Gain (Loss) on Sale of Investments	13	-73	357	-394	628	621	-1,109	358	5,909	1,898	-100	-3,082	-221	-635	771	870	642	2,490	-669	1,867	Upgrade
Gain (Loss) on Sale of Assets	-	6	341	-	-	-	-	-	-	-42	23	-2	-	-15	-153	-5	3	37	28	32	Upgrade
Asset Writedown	-	-	-	-	-	-	-	-	-	-	-	-1	-824	-	-	-	-	-363	-	-	Upgrade
Other Unusual Items	-	16	15	-	-	2	-	-	-	-405	-	-148	-	-4,978	-	-1,416	-	-238	-	-62	Upgrade
Pretax Income	2,246	2,293	1,893	1,447	1,988	1,677	333	1,508	6,924	1,579	-231	-966	-1,180	-3,466	584	-1,036	236	2,580	-1,620	-1,299	Upgrade
Income Tax Expense	283	395	198	125	244	501	26	253	214	-206	13	161	29	37	2	-466	141	102	-483	-160	Upgrade
Earnings From Continuing Operations	1,963	1,898	1,695	1,322	1,744	1,176	307	1,255	6,710	1,785	-244	-1,127	-1,209	-3,503	582	-570	95	2,478	-1,137	-1,139	Upgrade
Earnings From Discontinued Operations	10	-6	147	-54	-178	412	31	-1,218	771	427	409	264	101	-339	602	-564	-2,894	161	-58	-993	Upgrade
Net Income to Company	1,973	1,892	1,842	1,268	1,566	1,588	338	37	7,481	2,212	165	-863	-1,108	-3,842	1,184	-1,134	-2,799	2,639	-1,195	-2,132	Upgrade
Minority Interest in Earnings	5	7	10	-2	-27	-	14	-4	27	-16	-4	-19	-28	-1	73	3	-4	-3	51	145	Upgrade
Net Income	1,978	1,899	1,852	1,266	1,539	1,588	352	33	7,508	2,196	161	-882	-1,136	-3,843	1,257	-1,131	-2,803	2,636	-1,144	-1,987	Upgrade
Preferred Dividends & Other Adjustments	1	-	-	-	-	-	91	58	145	93	73	67	52	57	61	59	69	217	52	327	Upgrade
Net Income to Common	1,977	1,899	1,852	1,266	1,539	1,588	261	-25	7,363	2,103	88	-949	-1,188	-3,900	1,196	-1,190	-2,872	2,419	-1,196	-2,314	Upgrade
Net Income Growth	28.52%	19.58%	426.14%	3736.36%	-79.50%	-27.69%	118.63%	-	-	-	-87.19%	-	-	-	-	-	-	262.09%	-	-	Upgrade
Shares Outstanding (Basic)	1,070	1,079	1,083	1,089	1,091	1,088	1,088	1,089	1,089	1,091	1,095	1,099	1,100	1,099	1,098	1,097	1,097	1,095	1,095	1,094	Upgrade
Shares Outstanding (Diluted)	1,078	1,085	1,093	1,100	1,103	1,100	1,099	1,098	1,096	1,097	1,095	1,099	1,100	1,099	1,105	1,097	1,097	1,097	1,095	1,094	Upgrade
Shares Change (YoY)	-2.27%	-1.35%	-0.55%	0.18%	0.64%	0.27%	0.36%	-0.09%	-0.36%	-0.18%	-0.91%	0.18%	0.27%	0.15%	0.91%	0.30%	0.31%	0.42%	0.34%	0.30%	Upgrade
EPS (Basic)	1.85	1.76	1.71	1.16	1.41	1.46	0.24	-0.02	6.76	1.93	0.08	-0.86	-1.08	-3.55	1.09	-1.08	-2.62	2.21	-1.09	-2.12	Upgrade
EPS (Diluted)	1.84	1.75	1.69	1.15	1.40	1.45	0.24	-0.02	6.71	1.88	0.08	-0.86	-1.08	-3.55	1.08	-1.08	-2.62	2.21	-1.09	-2.12	Upgrade
EPS Growth	31.38%	20.78%	606.37%	-	-79.12%	-23.13%	198.50%	-	-	-	-92.59%	-	-	-	-	-	-	395.13%	-	-	Upgrade
Free Cash Flow	1,301	1,030	1,242	835	790	2,890	1,601	393	-557	4,126	1,171	240	-795	2,077	2,045	251	-2,291	3,351	1,035	-1,660	Upgrade
Free Cash Flow Per Share	1.21	0.95	1.14	0.76	0.72	2.63	1.46	0.36	-0.51	3.76	1.07	0.22	-0.72	1.89	1.85	0.23	-2.09	3.05	0.94	-1.52	Upgrade
Dividend Per Share	0.360	0.280	0.280	0.280	0.280	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	Upgrade
Dividend Growth	28.57%	250.00%	250.00%	250.00%	250.00%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Upgrade
Gross Margin	32.63%	33.56%	29.75%	31.35%	28.83%	25.86%	27.97%	26.62%	27.54%	21.91%	17.27%	20.88%	18.20%	26.46%	24.52%	23.60%	23.72%	29.68%	19.29%	13.13%	Upgrade
Operating Margin	21.98%	28.26%	18.25%	20.76%	15.32%	27.34%	15.04%	13.95%	13.28%	12.62%	-0.50%	4.53%	-0.52%	7.42%	3.67%	2.02%	0.86%	-0.29%	0.02%	-6.71%	Upgrade
Profit Margin	19.90%	17.57%	18.82%	13.92%	17.19%	16.79%	2.81%	-0.29%	93.95%	12.50%	0.61%	-6.72%	-9.37%	-19.21%	6.44%	-6.52%	-16.83%	11.51%	-6.46%	-13.77%	Upgrade
Free Cash Flow Margin	13.10%	9.53%	12.62%	9.18%	8.82%	30.56%	17.21%	4.49%	-7.11%	24.52%	8.09%	1.70%	-6.27%	10.23%	11.01%	1.38%	-13.42%	15.95%	5.59%	-9.88%	Upgrade
EBITDA	2,482	3,353	2,109	1,938	1,662	2,894	1,691	1,292	1,548	2,702	409	1,156	435	2,265	1,407	1,140	900	703	1,053	-369	Upgrade
EBITDA Margin	24.98%	31.01%	21.43%	21.31%	18.56%	30.61%	18.18%	14.76%	19.75%	16.06%	2.83%	8.18%	3.43%	11.16%	7.58%	6.25%	5.27%	3.35%	5.68%	-2.20%	Upgrade
D&A For EBITDA	299	298	313	50	290	309	292	71	507	579	482	516	501	759	726	771	753	764	1,049	759	Upgrade
EBIT	2,183	3,055	1,796	1,888	1,372	2,585	1,399	1,221	1,041	2,123	-73	640	-66	1,506	681	369	147	-61	4	-1,128	Upgrade
EBIT Margin	21.98%	28.26%	18.25%	20.76%	15.32%	27.34%	15.04%	13.95%	13.28%	12.62%	-0.50%	4.53%	-0.52%	7.42%	3.67%	2.02%	0.86%	-0.29%	0.02%	-6.71%	Upgrade
Effective Tax Rate	12.60%	17.23%	10.46%	8.64%	12.27%	29.88%	7.81%	16.78%	3.09%	-	-	-	-	-	0.34%	-	59.75%	3.95%	-	-	Upgrade
Revenue as Reported	9,935	10,812	9,842	9,094	8,955	9,455	9,302	8,755	7,836	16,828	14,470	14,127	12,675	20,303	18,569	18,253	17,070	21,010	18,529	16,805	Upgrade

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

SEC Filings: 10-K · 10-Q