GE Vernova Inc. (GEV)
NYSE: GEV · Real-Time Price · USD
829.34
+55.23 (7.13%)
At close: Nov 9, 2026, 4:00 PM EST
761.00
-68.34 (-8.24%)
Pre-market: Nov 10, 2026, 8:48 AM EST
GE Vernova Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 10,368 | 4,884 | 1,552 | -438 | -2,736 | -633 |
Depreciation & Amortization | 1,428 | 853 | 1,064 | 964 | 991 | 1,176 |
Loss (Gain) From Sale of Assets | - | - | -964 | - | - | - |
Asset Writedown & Restructuring Costs | - | - | 108 | - | 806 | - |
Loss (Gain) From Sale of Investments | -138 | -138 | -66 | -90 | - | - |
Other Operating Activities | -11,663 | -4,709 | -230 | -380 | 246 | -940 |
Change in Accounts Receivable | -4,303 | -2,384 | -1,706 | -726 | -517 | -1,445 |
Change in Inventory | -2,438 | -1,433 | -641 | -240 | -949 | 400 |
Change in Accounts Payable | 851 | -105 | 667 | -716 | 643 | 63 |
Change in Unearned Revenue | 25,111 | 8,019 | 2,799 | 2,812 | 1,282 | -495 |
Change in Other Net Operating Assets | - | - | - | - | 120 | 214 |
Operating Cash Flow | 19,216 | 4,987 | 2,583 | 1,186 | -114 | -1,660 |
Operating Cash Flow Growth | 460.40% | 93.07% | 117.79% | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -2,101 | -1,277 | -883 | -744 | -513 | -577 |
Sale of Property, Plant & Equipment | 214 | 39 | 25 | 60 | 53 | 69 |
Divestitures | 600 | 60 | 813 | - | - | - |
Investment in Securities | 232 | 377 | 130 | 149 | -53 | -369 |
Other Investing Activities | 665 | 46 | -122 | -199 | 191 | -264 |
Investing Cash Flow | -5,103 | -755 | -37 | -734 | -322 | -1,141 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | 16 | 15 | - |
Total Debt Issued | 2,567 | - | - | 16 | 15 | - |
Short-Term Debt Repaid | - | - | -23 | - | - | -104 |
Total Debt Repaid | - | - | -23 | - | - | -104 |
Net Debt Issued (Repaid) | 2,567 | - | -23 | 16 | 15 | -104 |
Repurchase of Common Stock | -6,371 | -3,316 | -43 | - | - | - |
Common Dividends Paid | -474 | -275 | - | - | - | - |
Other Financing Activities | -984 | -222 | 3,718 | -424 | 796 | 2,100 |
Financing Cash Flow | -5,262 | -3,813 | 3,652 | -408 | 811 | 1,996 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -35 | 224 | -147 | 22 | -87 | -66 |
Miscellaneous Cash Flow Adjustments | 5 | 2 | -603 | 582 | 21 | - |
Net Cash Flow | 8,821 | 645 | 5,448 | 648 | 309 | -871 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 17,115 | 3,710 | 1,700 | 442 | -627 | -2,237 |
Free Cash Flow Growth | 592.07% | 118.23% | 284.62% | - | - | - |
Free Cash Flow Margin | 38.86% | 9.75% | 4.87% | 1.33% | -2.11% | -6.78% |
Free Cash Flow Per Share | 63.21 | 13.44 | 6.12 | 1.61 | -2.29 | - |
Levered Free Cash Flow | 22,099 | 5,278 | 3,094 | 1,376 | - | - |
Unlevered Free Cash Flow | 22,099 | 5,278 | 3,100 | 1,404 | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 53 | 53 | 74 | 83 | 77 | 88 |
Cash Income Tax Paid | 3,022 | 830 | 623 | 2 | 91 | 209 |
Change in Working Capital | 19,221 | 4,097 | 1,119 | 1,130 | 579 | -1,263 |