GE Vernova Inc. (GEV)
NYSE: GEV · Real-Time Price · USD
963.89
-2.12 (-0.22%)
Aug 21, 2026, 2:54 PM EDT - Market open
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 |
| 41,367 | 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 | 32,858 | 30,423 | 28,594 | 28,274 | 26,004 | 27,692 |
Gross Profit | 8,509 | 7,645 | 6,341 | 4,965 | 3,650 | 5,314 |
Selling, General & Admin | 4,470 | 4,306 | 4,207 | 3,976 | 4,416 | 4,684 |
Research & Development | 1,314 | 1,197 | 982 | 896 | 979 | 1,008 |
Operating Expenses | 5,784 | 5,503 | 5,189 | 4,872 | 5,395 | 5,692 |
Operating Income | 2,725 | 2,142 | 1,152 | 93 | -1,745 | -378 |
Interest Expense | - | - | -10 | -45 | -54 | -63 |
Interest & Investment Income | 532 | 270 | 66 | 63 | 42 | 71 |
Earnings From Equity Investments | 214 | 269 | 53 | -64 | 60 | -179 |
Other Non Operating Income (Expenses) | 244 | 247 | 205 | 57 | 339 | 314 |
EBT Excluding Unusual Items | 3,715 | 2,928 | 1,466 | 104 | -1,358 | -235 |
Merger & Restructuring Charges | -426 | -284 | -421 | -443 | -314 | -506 |
Gain (Loss) on Sale of Investments | 4,261 | 185 | 183 | 209 | 22 | - |
Gain (Loss) on Sale of Assets | 330 | - | 964 | - | - | -123 |
Asset Writedown | - | - | - | - | -824 | - |
Legal Settlements | - | - | 306 | - | - | - |
Pretax Income | 7,880 | 2,829 | 2,498 | -130 | -2,474 | -864 |
Income Tax Expense | -1,642 | -2,051 | 939 | 344 | 248 | -140 |
Earnings From Continuing Operations | 9,522 | 4,880 | 1,559 | -474 | -2,722 | -724 |
Minority Interest in Earnings | 7 | 4 | -7 | 36 | -14 | 91 |
Net Income | 9,529 | 4,884 | 1,552 | -438 | -2,736 | -633 |
Net Income to Common | 9,529 | 4,884 | 1,552 | -438 | -2,736 | -633 |
Net Income Growth | 724.31% | 214.69% | - | - | - | - |
Shares Outstanding (Basic) | 269 | 272 | 275 | 274 | 274 | - |
Shares Outstanding (Diluted) | 273 | 276 | 278 | 274 | 274 | - |
Shares Change | -2.33% | -0.72% | 1.46% | - | - | - |
EPS (Basic) | 35.42 | 17.96 | 5.64 | -1.60 | -9.99 | - |
EPS (Diluted) | 34.94 | 17.69 | 5.58 | -1.60 | -10.00 | - |
EPS Growth | 742.89% | 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 Per Share | 45.64 | 13.44 | 6.12 | 1.61 | -2.29 | - |
Dividend Per Share | 1.750 | 1.250 | 0.250 | - | - | - |
Dividend Growth | 133.33% | 400.00% | - | - | - | - |
Gross Margin | 20.57% | 20.08% | 18.15% | 14.94% | 12.31% | 16.10% |
Operating Margin | 6.59% | 5.63% | 3.30% | 0.28% | -5.88% | -1.15% |
Profit Margin | 23.04% | 12.83% | 4.44% | -1.32% | -9.23% | -1.92% |
Free Cash Flow Margin | 30.07% | 9.75% | 4.87% | 1.33% | -2.11% | -6.78% |
EBITDA | 3,927 | 2,995 | 2,216 | 1,057 | -754 | 798 |
EBITDA Margin | 9.49% | 7.87% | 6.34% | 3.18% | -2.54% | 2.42% |
D&A For EBITDA | 1,202 | 853 | 1,064 | 964 | 991 | 1,176 |
EBIT | 2,725 | 2,142 | 1,152 | 93 | -1,745 | -378 |
EBIT Margin | 6.59% | 5.63% | 3.30% | 0.28% | -5.88% | -1.15% |
Effective Tax Rate | - | - | 37.59% | - | - | - |
Revenue as Reported | 41,367 | 38,068 | 34,935 | 33,239 | 29,654 | 33,006 |