Income Statement - GE Vernova Inc. (GEV)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | |
|---|---|---|---|---|---|
| Total revenue | 38,068.00 | 34,943.00 | 33,239.00 | 29,654.00 | 33,006.00 |
| Cost of revenue | 30,533.00 | 28,634.00 | 28,421.00 | 26,196.00 | 28,061.00 |
| Gross profit | 7,535.00 | 6,309.00 | 4,818.00 | 3,458.00 | 4,945.00 |
| Total operating expenses | 6,146.00 | 5,522.00 | 5,741.00 | 6,339.00 | 5,829.00 |
| Operating income | 1,388.00 | 787.00 | -923.00 | -2,881.00 | -884.00 |
| Non-operating income (net) | 1,440.00 | 1,711.00 | 793.00 | 407.00 | 20.00 |
| Income before tax | 2,828.00 | 2,498.00 | -130.00 | -2,474.00 | -864.00 |
| Income tax expense | -2,051.00 | 939.00 | 344.00 | 248.00 | -140.00 |
| Net income | 4,884.00 | 1,552.00 | -438.00 | -2,736.00 | -633.00 |
Show Quarterly Income Statement
Income Statement - GE Vernova Inc. (GEV)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 9,339.00 | 10,956.00 | 9,969.00 | 9,111.00 | 8,041.00 | 10,558.00 | 8,913.00 | 8,204.00 | 7,259.00 | 10,045.00 | 8,252.00 | 8,120.00 | 6,822.00 |
| Cost of revenue | 7,557.00 | 8,635.00 | 8,071.00 | 7,265.00 | 6,519.00 | 8,435.00 | 7,804.00 | 6,502.00 | 6,110.00 | 8,359.00 | 7,201.00 | 6,973.00 | 5,903.00 |
| Gross profit | 1,781.00 | 2,321.00 | 1,898.00 | 1,846.00 | 1,522.00 | 2,123.00 | 1,109.00 | 1,702.00 | 1,150.00 | 1,687.00 | 1,051.00 | 1,147.00 | 919.00 |
| Total operating expenses | 1,602.00 | 1,719.00 | 1,532.00 | 1,468.00 | 1,446.00 | 1,530.00 | 1,468.00 | 1,175.00 | 1,438.00 | 1,589.00 | 1,358.00 | 1,488.00 | 1,388.00 |
| Operating income | 179.00 | 601.00 | 366.00 | 378.00 | 76.00 | 593.00 | -359.00 | 527.00 | -289.00 | 97.00 | -307.00 | -341.00 | -469.00 |
| Non-operating income (net) | 4,924.00 | 504.00 | 380.00 | 267.00 | 257.00 | 520.00 | 237.00 | 1,075.00 | 193.00 | 312.00 | 291.00 | 314.00 | 54.00 |
| Income before tax | 5,103.00 | 1,105.00 | 746.00 | 645.00 | 333.00 | 1,113.00 | -122.00 | 1,602.00 | -96.00 | 409.00 | -16.00 | -27.00 | -415.00 |
| Income tax expense | 354.00 | -2,565.00 | 293.00 | 153.00 | 68.00 | 629.00 | -23.00 | 322.00 | 10.00 | 305.00 | 169.00 | 122.00 | -69.00 |
| Net income | 4,745.00 | 3,664.00 | 452.00 | 514.00 | 254.00 | 484.00 | -96.00 | 1,294.00 | -130.00 | 95.00 | -170.00 | -150.00 | -315.00 |