GE Vernova Inc. (GEV)
NYSE: GEV · Real-Time Price · USD
874.76
-82.51 (-8.62%)
At close: Sep 14, 2026, 4:00 PM EDT
887.00
+12.24 (1.40%)
Pre-market: Sep 15, 2026, 7:57 AM EDT
GE Vernova Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | 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 |
Net Income | 668 | 4,745 | 3,664 | 452 | 514 | 254 | 484 | -96 | 1,294 | -130 | 197 | -170 | -150 | -315 |
Depreciation & Amortization | 417 | 342 | 230 | 213 | 205 | 205 | 269 | 290 | 254 | 251 | 252 | 242 | 239 | 231 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | - | -964 | - | - | - | - | - | - | - |
Asset Writedown & Restructuring Costs | - | - | - | - | - | - | - | 108 | - | - | - | - | - | - |
Loss (Gain) From Sale of Investments | - | - | -138 | - | - | - | -66 | - | - | - | -90 | - | - | - |
Other Operating Activities | -1,982 | -5,209 | -3,529 | 38 | -924 | -294 | 982 | 209 | -1,326 | -95 | 403 | 67 | -523 | -327 |
Change in Accounts Receivable | -1,394 | 193 | -2,291 | -477 | -189 | 573 | -1,496 | -479 | 236 | 33 | -816 | -185 | -278 | 555 |
Change in Inventory | -814 | -930 | -386 | -164 | -451 | -432 | 510 | 137 | -571 | -717 | 811 | 114 | -426 | -739 |
Change in Accounts Payable | 476 | 473 | -671 | 359 | 476 | -269 | 63 | 894 | 381 | -671 | -453 | -124 | 220 | -306 |
Change in Unearned Revenue | 8,121 | 5,574 | 5,600 | 559 | 736 | 1,124 | 1,139 | 64 | 711 | 885 | 1,804 | 220 | 471 | 317 |
Change in Other Net Operating Assets | - | - | - | - | - | - | - | - | - | - | -177 | 69 | 159 | -106 |
Operating Cash Flow | 5,492 | 5,188 | 2,479 | 980 | 367 | 1,161 | 921 | 1,127 | 979 | -444 | 1,931 | 233 | -288 | -690 |
Operating Cash Flow Growth (YoY) | 1396.46% | 346.86% | 169.16% | -13.04% | -62.51% | - | -52.30% | 383.69% | - | - | - | - | - | - |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | 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 |
Capital Expenditures | -386 | -397 | -671 | -247 | -173 | -186 | -350 | -159 | -157 | -217 | -280 | -181 | -159 | -124 |
Sale of Property, Plant & Equipment | 24 | 177 | 6 | -1 | - | 34 | 9 | 3 | 9 | 4 | 6 | 10 | 42 | 2 |
Cash Acquisitions | 1 | -4,886 | - | - | -5 | -40 | - | - | - | - | - | - | - | - |
Divestitures | -4 | 598 | - | 59 | 1 | - | 174 | - | 639 | - | - | - | - | - |
Investment in Securities | 24 | 34 | 186 | 130 | -23 | 84 | 208 | -1 | -15 | -62 | 6 | 150 | -2 | -5 |
Other Investing Activities | 570 | 183 | 105 | -108 | 79 | 15 | -216 | 43 | 61 | -10 | 11 | -15 | -281 | 86 |
Investing Cash Flow | 229 | -4,291 | -374 | -167 | -121 | -93 | -175 | -114 | 537 | -285 | -257 | -36 | -400 | -41 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | 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 |
Short-Term Debt Issued | - | - | - | - | - | - | - | - | - | - | - | - | - | 18 |
Long-Term Debt Issued | - | 2,567 | - | - | - | - | - | - | - | - | - | - | - | - |
Total Debt Issued | - | 2,567 | - | - | - | - | - | - | - | - | -14 | 1 | 11 | 18 |
Short-Term Debt Repaid | - | - | - | - | - | - | - | - | - | -23 | - | - | - | - |
Total Debt Repaid | - | - | - | - | - | - | - | - | - | -23 | - | - | - | - |
Net Debt Issued (Repaid) | - | 2,567 | - | - | - | - | - | - | - | -23 | -14 | 1 | 11 | 18 |
Repurchase of Common Stock | -2,393 | -1,278 | -1,075 | -660 | -480 | -1,101 | -3 | -40 | - | - | - | - | - | - |
Common Dividends Paid | -136 | -137 | -68 | -68 | -70 | -69 | - | - | - | - | - | - | - | - |
Other Financing Activities | -214 | -710 | -35 | -46 | -54 | -87 | 166 | 625 | 970 | 1,957 | -1,050 | -287 | 227 | 686 |
Financing Cash Flow | -2,743 | 442 | -1,178 | -774 | -604 | -1,257 | 163 | 585 | 970 | 1,934 | -1,064 | -286 | 238 | 704 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | 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 |
Foreign Exchange Rate Adjustments | -30 | -16 | -26 | 15 | 145 | 90 | -99 | 18 | -34 | -32 | 44 | -31 | -4 | 13 |
Miscellaneous Cash Flow Adjustments | 1 | 1 | 4 | -2 | -1 | 1 | -1,206 | - | 72 | 531 | 575 | -14 | 1 | 20 |
Net Cash Flow | 2,949 | 1,324 | 905 | 52 | -214 | -98 | -396 | 1,616 | 2,524 | 1,704 | 1,229 | -134 | -453 | 6 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | 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 |
Free Cash Flow | 5,106 | 4,791 | 1,808 | 733 | 194 | 975 | 571 | 968 | 822 | -661 | 1,651 | 52 | -447 | -814 |
Free Cash Flow Growth (YoY) | 2531.96% | 391.38% | 216.64% | -24.28% | -76.40% | - | -65.42% | 1761.54% | - | - | - | - | - | - |
Free Cash Flow Margin | 45.98% | 51.30% | 16.50% | 7.35% | 2.13% | 12.14% | 5.41% | 10.86% | 10.02% | -9.11% | 16.44% | 0.63% | -5.51% | -11.93% |
Free Cash Flow Per Share | 18.91 | 17.61 | 6.60 | 2.67 | 0.70 | 3.50 | 2.04 | 3.52 | 2.96 | -2.41 | 6.03 | 0.19 | -1.63 | -2.97 |
Levered Free Cash Flow | 6,765 | 5,689 | 2,947 | 318.5 | 364.88 | 1,651 | 42.5 | 1,482 | 1,118 | 531.75 | - | - | - | - |
Unlevered Free Cash Flow | 6,765 | 5,689 | 2,947 | 318.5 | 364.88 | 1,651 | 88.75 | 1,482 | 1,118 | 540.5 | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | 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 |
Cash Interest Paid | - | - | 53 | - | - | - | 74 | - | - | - | 83 | - | - | - |
Cash Income Tax Paid | 724 | 534 | 341 | 126 | 218 | 145 | 324 | 126 | 115 | 58 | 30 | - | - | 45 |
Change in Working Capital | 6,389 | 5,310 | 2,252 | 277 | 572 | 996 | 216 | 616 | 757 | -470 | 1,169 | 94 | 146 | -279 |