GE Vernova Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021
Revenue	33,239	29,654	33,006
Revenue Growth (YoY)	12.09%	-10.16%	-
Cost of Revenue	28,421	26,196	28,061
Gross Profit	4,818	3,458	4,945
Selling, General & Admin	4,845	5,360	4,821
Research & Development	896	979	1,008
Operating Expenses	5,741	6,339	5,829
Operating Income	-923	-2,881	-884
Interest Expense / Income	98	151	172
Other Expense / Income	-927	-544	-283
Pretax Income	-94	-2,488	-773
Income Tax	344	248	-140
Net Income	-438	-2,736	-633
Shares Outstanding (Basic)	272	-	-
Free Cash Flow	502	-574	-2,168
Free Cash Flow Per Share	1.84	-	-
Gross Margin	14.50%	11.66%	14.98%
Operating Margin	-2.78%	-9.72%	-2.68%
Profit Margin	-1.32%	-9.23%	-1.92%
Free Cash Flow Margin	1.51%	-1.94%	-6.57%
EBITDA	968	-540	575
EBITDA Margin	2.91%	-1.82%	1.74%
Depreciation & Amortization	964	1,797	1,176
EBIT	4	-2,337	-601
EBIT Margin	0.01%	-7.88%	-1.82%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).