GE Vernova Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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
Revenue	41,368	38,068	34,935	33,239	29,654	33,006
Revenue Growth	12.98%	8.97%	5.10%	12.09%	-10.16%	-
Cost of Revenue	33,005	30,533	28,850	28,421	26,196	28,061
Gross Profit	8,360	7,535	6,085	4,818	3,458	4,945
Selling, General & Admin	5,246	4,949	4,632	4,845	5,360	4,821
Research & Development	1,313	1,197	982	896	979	1,008
Total Operating Expenses	6,559	6,146	5,614	5,741	6,339	5,829
Operating Income	1,799	1,388	471	-923	-2,881	-884
Interest Income	190	186	120	-98	-151	-172
Other Non-Operating Income (Expense)	5,890	1,254	1,908	891	558	192
Total Non-Operating Income (Expense)	6,080	1,440	2,028	793	407	20
Pretax Income	7,879	2,828	2,498	-130	-2,474	-864
Provision for Income Taxes	-1,642	-2,051	939	344	248	-140
Net Income	9,522	4,879	1,559	-474	-2,722	-724
Minority Interest in Earnings	-7	-4	7	-36	14	-91
Net Income to Common	9,529	4,884	1,552	-438	-2,736	-633
Net Income Growth	724.31%	214.69%	-	-	-	-
Shares Outstanding (Basic)	266	272	275	274	274	-
Shares Outstanding (Diluted)	266	276	278	274	274	-
Shares Change	-4.02%	-0.72%	1.46%	-	-	-
EPS (Basic)	35.78	17.92	5.65	-1.60	-10.00	-
EPS (Diluted)	35.78	17.69	5.58	-1.60	-10.00	-
EPS Growth	762.13%	217.02%	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	12,438	3,710	1,700	442	-627	-2,237
Free Cash Flow Growth	359.31%	118.23%	284.62%	-	-	-
Free Cash Flow Per Share	46.70	13.44	6.12	1.61	-2.29	-
Dividends Per Share	1.750	1.250	0.250	-	-	-
Dividend Growth	133.33%	400.00%	-	-	-	-
Gross Margin	20.21%	19.79%	17.42%	14.49%	11.66%	14.98%
Operating Margin	4.35%	3.65%	1.35%	-2.78%	-9.72%	-2.68%
Profit Margin	23.02%	12.82%	4.46%	-1.43%	-9.18%	-2.19%
FCF Margin	30.07%	9.75%	4.87%	1.33%	-2.11%	-6.78%
EBITDA	3,001	2,241	1,643	41	-1,084	292
EBITDA Margin	7.25%	5.89%	4.70%	0.12%	-3.66%	0.88%
EBIT	1,799	1,388	471	-923	-2,881	-884
EBIT Margin	4.35%	3.65%	1.35%	-2.78%	-9.72%	-2.68%
Effective Tax Rate	-20.84%	-72.52%	37.59%	-264.62%	-10.02%	16.20%

SEC Filings: 10-K · 10-Q