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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
Operating Revenue | 11,104 | 9,338 | 10,956 | 9,969 | 9,111 | 8,032 | 10,558 | 8,913 | 8,204 | 7,259 | 10,045 | 8,252 | 8,120 | 6,822 |
Other Revenue | - | 1 | - | - | - | - | - | - | - | 1 | - | 1 | -1 | - |
| 11,104 | 9,339 | 10,956 | 9,969 | 9,111 | 8,032 | 10,558 | 8,913 | 8,204 | 7,260 | 10,045 | 8,253 | 8,119 | 6,822 | |
Revenue Growth (YoY) | 21.88% | 16.27% | 3.77% | 11.85% | 11.06% | 10.63% | 5.11% | 8.00% | 1.05% | 6.42% | - | - | - | - |
Cost of Revenue | 8,709 | 7,474 | 8,616 | 8,057 | 7,241 | 6,508 | 8,447 | 7,656 | 6,487 | 6,006 | 8,304 | 7,152 | 6,947 | 5,871 |
Gross Profit | 2,395 | 1,865 | 2,340 | 1,912 | 1,870 | 1,524 | 2,111 | 1,257 | 1,717 | 1,254 | 1,741 | 1,101 | 1,172 | 951 |
Selling, General & Admin | 1,232 | 1,051 | 1,166 | 1,030 | 1,049 | 1,058 | 1,136 | 1,036 | 797 | 1,029 | 809 | 933 | 1,053 | 964 |
Research & Development | 334 | 304 | 365 | 310 | 282 | 239 | 265 | 243 | 237 | 237 | 255 | 223 | 216 | 202 |
Operating Expenses | 1,566 | 1,355 | 1,531 | 1,340 | 1,331 | 1,297 | 1,401 | 1,279 | 1,034 | 1,266 | 1,064 | 1,156 | 1,269 | 1,166 |
Operating Income | 829 | 510 | 809 | 572 | 539 | 227 | 710 | -22 | 683 | -12 | 677 | -55 | -97 | -215 |
Interest Expense | - | - | - | - | - | - | -74 | - | - | -14 | - | -21 | -21 | -21 |
Interest & Investment Income | 101 | 291 | 4 | 135 | 59 | 72 | - | 57 | 81 | 6 | 33 | 23 | 17 | - |
Earnings From Equity Investments | 7 | 65 | 64 | 78 | 67 | 60 | 9 | -1 | 1 | 44 | 2 | -4 | 7 | -70 |
Other Non Operating Income (Expenses) | 13 | 33 | 197 | 3 | 22 | 21 | 132 | 44 | -210 | 29 | -256 | 31 | 74 | - |
EBT Excluding Unusual Items | 950 | 899 | 1,074 | 788 | 687 | 380 | 777 | 78 | 555 | 53 | 456 | -26 | -20 | -306 |
Merger & Restructuring Charges | -47 | -201 | -87 | -86 | -43 | -68 | -4 | -207 | -62 | -146 | -127 | -105 | -99 | -112 |
Gain (Loss) on Sale of Investments | 22 | 4,075 | 119 | 44 | 1 | 21 | 177 | 7 | 2 | -3 | -1 | 115 | 93 | 2 |
Gain (Loss) on Sale of Assets | - | 330 | - | - | - | - | 111 | - | 853 | - | - | - | - | - |
Legal Settlements | - | - | - | - | - | - | 52 | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | 254 | - | - | - | - | - |
Pretax Income | 925 | 5,103 | 1,106 | 746 | 645 | 333 | 1,113 | -122 | 1,602 | -96 | 328 | -16 | -26 | -416 |
Income Tax Expense | 276 | 354 | -2,565 | 293 | 153 | 68 | 629 | -23 | 322 | 10 | 122 | 169 | 122 | -69 |
Earnings From Continuing Operations | 649 | 4,749 | 3,671 | 453 | 492 | 265 | 484 | -99 | 1,280 | -106 | 206 | -185 | -148 | -347 |
Minority Interest in Earnings | 19 | -4 | -7 | -1 | 22 | -11 | - | 3 | 14 | -24 | -9 | 15 | -2 | 32 |
Net Income | 668 | 4,745 | 3,664 | 452 | 514 | 254 | 484 | -96 | 1,294 | -130 | 197 | -170 | -150 | -315 |
Net Income to Common | 668 | 4,745 | 3,664 | 452 | 514 | 254 | 484 | -96 | 1,294 | -130 | 197 | -170 | -150 | -315 |
Net Income Growth (YoY) | 29.96% | 1768.11% | 657.02% | - | -60.28% | - | 145.69% | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 268 | 269 | 270 | 272 | 272 | 275 | 276 | 275 | 274 | 274 | 274 | 274 | 274 | 274 |
Shares Outstanding (Diluted) | 270 | 272 | 274 | 275 | 276 | 279 | 280 | 275 | 278 | 274 | 274 | 274 | 274 | 274 |
Shares Change (YoY) | -2.17% | -2.51% | -2.14% | - | -0.72% | 1.82% | 2.19% | 0.36% | 1.46% | - | - | - | - | - |
EPS (Basic) | 2.49 | 17.64 | 13.57 | 1.66 | 1.89 | 0.92 | 1.75 | -0.35 | 4.72 | -0.47 | 0.72 | -0.62 | -0.55 | -1.15 |
EPS (Diluted) | 2.47 | 17.44 | 13.36 | 1.64 | 1.86 | 0.91 | 1.73 | -0.35 | 4.65 | -0.47 | 0.72 | -0.62 | -0.55 | -1.15 |
EPS Growth (YoY) | 32.80% | 1816.48% | 671.68% | - | -60.00% | - | 140.81% | - | - | - | - | - | - | - |
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 |
Free Cash Flow | 5,106 | 4,791 | 1,808 | 733 | 194 | 975 | 571 | 968 | 822 | -661 | 1,651 | 52 | -447 | -814 |
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 |
Dividend Per Share | 0.500 | 0.500 | 0.500 | 0.250 | 0.250 | 0.250 | 0.250 | - | - | - | - | - | - | - |
Dividend Growth (YoY) | 100.00% | 100.00% | 100.00% | - | - | - | - | - | - | - | - | - | - | - |
Gross Margin | 21.57% | 19.97% | 21.36% | 19.18% | 20.52% | 18.97% | 19.99% | 14.10% | 20.93% | 17.27% | 17.33% | 13.34% | 14.44% | 13.94% |
Operating Margin | 7.47% | 5.46% | 7.38% | 5.74% | 5.92% | 2.83% | 6.73% | -0.25% | 8.33% | -0.17% | 6.74% | -0.67% | -1.20% | -3.15% |
Profit Margin | 6.02% | 50.81% | 33.44% | 4.53% | 5.64% | 3.16% | 4.58% | -1.08% | 15.77% | -1.79% | 1.96% | -2.06% | -1.85% | -4.62% |
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% |
EBITDA | 1,246 | 852 | 1,039 | 785 | 744 | 432 | 979 | 268 | 937 | 239 | 929 | 187 | 142 | 16 |
EBITDA Margin | 11.22% | 9.12% | 9.48% | 7.87% | 8.17% | 5.38% | 9.27% | 3.01% | 11.42% | 3.29% | 9.25% | 2.27% | 1.75% | 0.24% |
D&A For EBITDA | 417 | 342 | 230 | 213 | 205 | 205 | 269 | 290 | 254 | 251 | 252 | 242 | 239 | 231 |
EBIT | 829 | 510 | 809 | 572 | 539 | 227 | 710 | -22 | 683 | -12 | 677 | -55 | -97 | -215 |
EBIT Margin | 7.47% | 5.46% | 7.38% | 5.74% | 5.92% | 2.83% | 6.73% | -0.25% | 8.33% | -0.17% | 6.74% | -0.67% | -1.20% | -3.15% |
Effective Tax Rate | 29.84% | 6.94% | - | 39.28% | 23.72% | 20.42% | 56.51% | - | 20.10% | - | 37.20% | - | - | - |
Revenue as Reported | 11,104 | 9,339 | 10,956 | 9,969 | 9,111 | 8,032 | 10,558 | 8,913 | 8,204 | 7,260 | 10,045 | 8,253 | 8,119 | 6,822 |