GE Vernova Inc. (GEV)
NYSE: GEV · Real-Time Price · USD
943.38
-53.19 (-5.34%)
At close: Jul 28, 2026, 4:00 PM EDT
946.00
+2.62 (0.28%)
After-hours: Jul 28, 2026, 7:59 PM 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 |
| 11,104 | 9,339 | 10,956 | 9,969 | 9,111 | 8,032 | 10,559 | 8,913 | 8,204 | 7,260 | 10,045 | 8,253 | 8,119 | 6,822 | |
Revenue Growth (YoY) | 21.88% | 16.27% | 3.76% | 11.85% | 11.06% | 10.63% | 5.12% | 8.00% | 1.05% | 6.42% | - | - | - | - |
Cost of Revenue | 8,743 | 7,557 | 8,634 | 8,071 | 7,265 | 6,562 | 8,435 | 7,804 | 6,502 | 6,110 | 8,344 | 7,201 | 6,973 | 5,903 |
Gross Profit | 2,360 | 1,781 | 2,322 | 1,897 | 1,846 | 1,470 | 2,123 | 1,109 | 1,702 | 1,150 | 1,702 | 1,051 | 1,147 | 919 |
Selling, General & Admin | 1,372 | 1,298 | 1,355 | 1,221 | 1,185 | 1,188 | 1,266 | 1,226 | 938 | 1,202 | 1,252 | 1,135 | 1,272 | 1,186 |
Research & Development | 334 | 304 | 365 | 310 | 282 | 239 | 265 | 243 | 237 | 237 | 255 | 223 | 216 | 202 |
Total Operating Expenses | 1,706 | 1,602 | 1,720 | 1,531 | 1,467 | 1,427 | 1,531 | 1,469 | 1,175 | 1,439 | 1,507 | 1,358 | 1,488 | 1,388 |
Operating Income | 653 | 179 | 601 | 366 | 378 | 43 | 593 | -359 | 527 | -289 | 195 | -307 | -341 | -469 |
Interest Income | 73 | 28 | 45 | 44 | 42 | 56 | 38 | 36 | 60 | -14 | -35 | -21 | -21 | -21 |
Other Non-Operating Income (Expense) | 199 | 4,896 | 459 | 336 | 225 | 234 | 484 | 201 | 1,015 | 207 | 169 | 313 | 336 | 75 |
Total Non-Operating Income (Expense) | 272 | 4,924 | 504 | 380 | 267 | 290 | 522 | 237 | 1,075 | 193 | 134 | 292 | 315 | 54 |
Pretax Income | 925 | 5,103 | 1,105 | 746 | 645 | 332 | 1,113 | -122 | 1,602 | -96 | 328 | -16 | -27 | -415 |
Provision for Income Taxes | 276 | 354 | -2,565 | 293 | 153 | 68 | 629 | -23 | 322 | 10 | 122 | 169 | 122 | -69 |
Net Income | 649 | 4,750 | 3,670 | 453 | 492 | 264 | 484 | -99 | 1,280 | -106 | 206 | -185 | -149 | -346 |
Minority Interest in Earnings | -19 | 4 | 7 | 1 | -22 | 11 | 0 | -3 | -14 | 24 | 9 | -15 | 2 | -32 |
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) | 266 | 269 | 270 | 272 | 272 | 275 | 276 | 275 | 274 | 274 | 274 | 274 | 274 | 274 |
Shares Outstanding (Diluted) | 266 | 272 | 274 | 275 | 276 | 279 | 280 | 275 | 278 | 274 | 274 | 274 | 274 | 274 |
Shares Change (YoY) | -3.50% | -2.51% | -2.14% | - | -0.72% | 1.82% | 2.19% | 0.36% | 1.46% | - | - | - | - | - |
EPS (Basic) | 2.51 | 17.65 | 13.56 | 1.66 | 1.89 | 0.92 | 1.75 | -0.35 | 4.72 | -0.47 | 0.72 | -0.62 | -0.55 | -1.15 |
EPS (Diluted) | 2.51 | 17.44 | 13.39 | 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) | 34.85% | 1816.48% | 673.99% | - | -60.00% | - | 140.28% | - | - | - | - | - | - | - |
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 Per Share | 19.17 | 17.61 | 6.60 | 2.67 | 0.70 | 3.49 | 2.04 | 3.52 | 2.96 | -2.41 | 6.03 | 0.19 | -1.63 | -2.97 |
Dividends 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 | 21.25% | 19.07% | 21.19% | 19.03% | 20.26% | 18.30% | 20.11% | 12.44% | 20.75% | 15.84% | 16.94% | 12.73% | 14.13% | 13.47% |
Operating Margin | 5.88% | 1.92% | 5.49% | 3.67% | 4.15% | 0.54% | 5.62% | -4.03% | 6.42% | -3.98% | 1.94% | -3.72% | -4.20% | -6.87% |
Profit Margin | 5.84% | 50.86% | 33.50% | 4.54% | 5.40% | 3.29% | 4.58% | -1.11% | 15.60% | -1.46% | 2.05% | -2.24% | -1.84% | -5.07% |
FCF Margin | 45.98% | 51.30% | 16.50% | 7.35% | 2.13% | 12.14% | 5.41% | 10.86% | 10.02% | -9.10% | 16.44% | 0.63% | -5.51% | -11.93% |
EBITDA | 1,070 | 521 | 831 | 579 | 583 | 248 | 862 | 39 | 781 | -38 | 447 | -65 | -102 | -238 |
EBITDA Margin | 9.64% | 5.58% | 7.58% | 5.81% | 6.40% | 3.09% | 8.16% | 0.44% | 9.52% | -0.52% | 4.45% | -0.79% | -1.26% | -3.49% |
EBIT | 653 | 179 | 601 | 366 | 378 | 43 | 593 | -359 | 527 | -289 | 195 | -307 | -341 | -469 |
EBIT Margin | 5.88% | 1.92% | 5.49% | 3.67% | 4.15% | 0.54% | 5.62% | -4.03% | 6.42% | -3.98% | 1.94% | -3.72% | -4.20% | -6.87% |
Effective Tax Rate | 29.84% | 6.94% | -232.13% | 39.28% | 23.72% | 20.48% | 56.51% | 18.85% | 20.10% | -10.42% | 37.20% | -1056.25% | -451.85% | 16.63% |