GE Vernova Inc. (GEV)
NYSE: GEV · Real-Time Price · USD
632.82
-14.84 (-2.29%)
Jul 29, 2025, 3:58 PM - Market open

GE Vernova Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '25 Dec '24 Dec '23 Dec '22 Dec '21
36,61534,93533,23929,65433,006
Revenue Growth (YoY)
8.45%5.10%12.09%-10.16%-
Cost of Revenue
29,85328,59428,27426,00427,692
Gross Profit
6,7626,3414,9653,6505,314
Selling, General & Admin
4,5374,2073,9764,2224,684
Research & Development
1,0299828969791,008
Operating Expenses
5,5665,1894,8725,2015,692
Operating Income
1,1961,15293-1,551-378
Interest Expense
-10-10-45-54-63
Interest & Investment Income
12366634271
Earnings From Equity Investments
13553-6460-179
Other Non Operating Income (Expenses)
22220557145314
EBT Excluding Unusual Items
1,6661,466104-1,358-235
Merger & Restructuring Charges
-322-421-443-314-506
Gain (Loss) on Sale of Investments
20718320922-
Gain (Loss) on Sale of Assets
111964---123
Asset Writedown
----824-
Legal Settlements
306306---
Pretax Income
1,9682,498-130-2,474-864
Income Tax Expense
827939344248-140
Earnings From Continuing Operations
1,1411,559-474-2,722-724
Minority Interest in Earnings
15-736-1491
Net Income
1,1561,552-438-2,736-633
Net Income to Common
1,1561,552-438-2,736-633
Shares Outstanding (Basic)
275275274274-
Shares Outstanding (Diluted)
279278274274-
Shares Change (YoY)
1.46%1.46%---
EPS (Basic)
4.205.64-1.60-9.99-
EPS (Diluted)
4.155.58-1.60-10.00-
Free Cash Flow
2,7081,700442-627-2,237
Free Cash Flow Per Share
9.716.121.61-2.29-
Dividend Per Share
0.7500.250---
Gross Margin
18.47%18.15%14.94%12.31%16.10%
Operating Margin
3.27%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
2,1652,2161,057-560798
EBITDA Margin
5.91%6.34%3.18%-1.89%2.42%
D&A For EBITDA
9691,0649649911,176
EBIT
1,1961,15293-1,551-378
EBIT Margin
3.27%3.30%0.28%-5.23%-1.15%
Effective Tax Rate
42.02%37.59%---
Revenue as Reported
36,61534,93533,23929,65433,006
Updated Jul 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q