GE Vernova Inc.

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Total revenue	38.07	34.94	33.24	29.65	33.01
Cost of revenue	30.53	28.63	28.42	26.20	28.06
Gross profit	7.54	6.31	4.82	3.46	4.95
Total operating expenses +	6.15	5.52	5.74	6.34	5.83
Selling, general and administrative	4.95	4.63	4.93	5.36	4.82
Research and development	1.20	0.98	0.90	0.98	1.01
Other operating expenses	0.00	-0.09	-0.08	0.00	0.00
Operating income	1.39	0.79	-0.92	-2.88	-0.88
Non-operating income (net)	1.44	1.71	0.79	0.41	0.02
Income before tax	2.83	2.50	-0.13	-2.47	-0.86
Income tax expense	-2.05	0.94	0.34	0.25	-0.14
Net income	4.88	1.55	-0.44	-2.74	-0.63

Show Quarterly Income Statement

	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	9.34	10.96	9.97	9.11	8.04	10.56	8.91	8.20	7.26	10.05	8.25	8.12	6.82
Cost of revenue	7.56	8.64	8.07	7.27	6.52	8.44	7.80	6.50	6.11	8.36	7.20	6.97	5.90
Gross profit	1.78	2.32	1.90	1.85	1.52	2.12	1.11	1.70	1.15	1.69	1.05	1.15	0.92
Total operating expenses +	1.60	1.72	1.53	1.47	1.45	1.53	1.47	1.18	1.44	1.59	1.36	1.49	1.39
Selling, general and administrative	1.30	1.36	1.22	1.19	1.19	1.27	1.23	0.94	1.20	1.34	1.14	1.27	1.19
Research and development	0.30	0.37	0.31	0.28	0.24	0.27	0.24	0.24	0.24	0.26	0.22	0.22	0.20
Other operating expenses	0.00	0.00	0.00	0.00	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating income	0.18	0.60	0.37	0.38	0.08	0.59	-0.36	0.53	-0.29	0.10	-0.31	-0.34	-0.47
Non-operating income (net)	4.92	0.50	0.38	0.27	0.26	0.52	0.24	1.08	0.19	0.31	0.29	0.31	0.05
Income before tax	5.10	1.11	0.75	0.65	0.33	1.11	-0.12	1.60	-0.10	0.41	-0.02	-0.03	-0.42
Income tax expense	0.35	-2.57	0.29	0.15	0.07	0.63	-0.02	0.32	0.01	0.31	0.17	0.12	-0.07
Net income	4.75	3.66	0.45	0.51	0.25	0.48	-0.10	1.29	-0.13	0.10	-0.17	-0.15	-0.32

about 2 months ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Total cash and short-term investments +	9.31	8.21	3.58	2.07	0.00
Cash and cash equivalents	8.85	8.21	1.55	2.07
Short-term investments	0.47	0.00	2.03
Accounts receivable, net	19.10	16.80	15.97	14.88
Inventories	10.43	7.82	7.20	6.75
Other current assets	1.84	1.33	2.71	2.21
Total current assets	40.22	34.15	27.43	25.90
Total non-current assets +	22.80	18.10	17.67	18.57
Property, plant and equipment, net	6.01	5.15	5.23	5.11
Goodwill	4.44	4.26	4.44	4.16
Intangible assets	0.73	0.81	1.04	1.17
Long-term investments	1.83	2.15	2.34	3.69
Other non-current assets
Total assets	63.02	51.49	46.12	44.47

Total current liabilities +	40.97	31.69	29.31	26.04
Accounts payable	5.72	4.94	4.70	4.23
Short-term debt	0.06	0.24	0.37	0.32
Current portion of long-term debt	0.06	0.06	0.15	0.12
Deferred revenue
Other current liabilities	15.20	8.46	9.04	9.14
Total non-current liabilities +	9.75	9.21	8.44	6.82
Long-term debt	0.27	0.26	0.29	0.36
Capital lease obligations	0.84	0.73	0.72	0.66
Other non-current liabilities	2.53	2.41	5.10	2.60
Total liabilities	50.72	40.89	37.74	32.86

Total stockholders' equity +	11.18	9.55	7.42	10.65
Common stock and paid-in capital	5.02	7.94	-0.64	-1.46	0.00
Retained earnings	6.15	1.61	8.05	12.11
Common shares outstanding	276	278	272	272	272

Show Quarterly Balance Sheet

	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 cash and short-term investments +	10.17	9.31	7.95	7.89	8.11	8.21	8.40	5.78	3.26	1.55	0.00	0.00	2.07
Cash and cash equivalents	10.17	8.85	7.95	7.89	8.11	8.21	7.40	5.78	3.26	1.55			-2.07
Short-term investments		0.47				0.00	1.00						4.13
Accounts receivable, net	19.18	19.10	16.86	16.44	16.18	16.80	15.82	15.13	15.68	15.97
Inventories	11.92	10.43	9.22	9.04	8.51	7.82	8.27	8.11	8.86	7.20
Other current assets	1.70	1.84	2.25	1.34	0.50	1.34	0.55	0.46	1.45	2.71
Total current assets	41.27	40.22	36.28	34.71	33.29	34.15	32.03	29.49	29.24	27.43			2.07
Total non-current assets +	21.54	22.80	18.12	18.37	18.27	17.33	18.82	18.57	18.63	18.69			-2.07
Property, plant and equipment, net		6.01	5.56	5.42	5.23	5.15
Goodwill	9.86	4.44	4.33	4.53	4.37	4.26	4.44	4.35	4.40	4.44
Intangible assets	4.54	0.73	0.75	0.74	0.77	0.81	0.87	0.93	0.99	1.04
Long-term investments	1.40	1.83	1.92	2.17	2.14	2.15	2.38	2.41	3.65	2.34
Other non-current assets
Total assets	75.61	63.02	54.40	53.08	51.56	51.49	50.85	48.05	47.87	46.12

Total current liabilities +	48.09	40.97	35.27	33.76	32.68	31.69	31.23	29.07	29.52	29.31
Accounts payable	6.33	5.72	5.89	5.75	5.21	4.94	5.40	4.70	4.33	4.70
Short-term debt	0.05	0.00	0.00	0.00	0.00	0.24				0.37
Current portion of long-term debt		0.06				0.06				0.15
Deferred revenue
Other current liabilities	9.88	15.20	9.23	8.15	8.76	8.46	8.51	7.37	16.78	8.58
Total non-current liabilities +	12.45	9.75	9.40	9.37	9.21	9.21	9.10	8.94	8.38	8.44
Long-term debt	2.81	0.27				0.26				0.29
Capital lease obligations		0.84				0.56				0.53
Other non-current liabilities	5.15	2.53	5.38	5.31	5.18	2.41	5.05	5.04	4.69	5.10
Total liabilities	60.55	50.72	44.67	43.13	41.89	40.89	40.34	38.00	37.89	37.74

Total stockholders' equity +	13.92	11.18	8.65	8.88	8.61	9.55	9.50	9.07	8.97	7.42			11.61
Common stock and paid-in capital	3.16	5.02	6.02	6.64	6.74	7.94	8.31	7.77	8.97	7.42	0.00	0.00	11.61
Retained earnings	10.76	6.15	2.63	2.24	1.87	1.61	1.20	1.29		0.00
Common shares outstanding	272	276	275	276	279	278	275	278	272	272	272	272	274

about 2 months ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Operating cash flow +	4.99	2.58	1.19	-0.11	-1.66
Net income
Depreciation, depletion and amortization	0.85	1.17	0.96	0.99	1.18
Stock-based compensation			-3.90	-2.97	-2.98
Change in inventory	-1.43	-0.64	-0.24	-0.95	0.40
Other working capital changes	5.57	2.05	4.36	2.81	-0.26
Cash flow from investing +	-0.76	-0.04	-0.73	-0.32	-1.14
Capital expenditures	-1.28	-0.88	-0.74	-0.51	-0.58
Others incl. marketable securities changes	0.52	0.85	0.01	0.19	-0.56
Cash flow from financing +	-3.81	3.65	-0.41	0.81	2.00
Dividend payout	-0.28	0.00	0.00
Common stock repurchases	-3.32	-0.04	0.00
Net Debt Issuance	-0.22	3.70	-0.41	0.81	2.00

Change in cash	0.42	6.20	0.04	0.38	-0.81

Show Quarterly Cash Flow

	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
Operating cash flow +	5.19	2.48	0.98	0.37	1.16	0.92	1.12	0.98	-0.44	1.93	0.23	-0.29	-0.69
Net income
Depreciation, depletion and amortization	0.34	0.23	0.21	0.21	0.21	0.27	0.40	0.25	0.25	0.25	0.24	0.24	0.23
Stock-based compensation							-0.05	0.05
Change in inventory	-0.93	-0.39	-0.16	-0.45	-0.43	0.51	0.14	-0.57	-0.72	0.81	0.11	-0.43	-0.74
Other working capital changes	5.78	2.64	0.93	0.61	1.39	0.14	0.64	1.24	0.02	0.87	-0.12	-0.10	-0.18
Cash flow from investing +	-4.29	-0.37	-0.17	-0.12	-0.09	-0.18	-0.11	0.54	-0.29	-0.26	-0.04	-0.40	-0.04
Capital expenditures	-0.40	-0.67	-0.25	-0.17	-0.19	-0.35	-0.16	-0.16	-0.22	-0.28	-0.18	-0.16	-0.12
Others incl. marketable securities changes	-3.89	0.30	0.08	0.05	0.09	0.18	0.05	0.69	-0.07	0.02	0.15	-0.24	0.08
Cash flow from financing +	0.44	-1.18	-0.77	-0.60	-1.26	0.16	0.59	0.97	1.93	-1.06	-0.29	0.24	0.70
Dividend payout	-0.14	-0.07	-0.07	-0.07	-0.07			0.00	0.00
Common stock repurchases	-1.28	-1.08	-0.66	-0.48	-1.10			0.00	0.00
Net Debt Issuance	1.86	-0.04	-0.05	-0.05	-0.09	0.16	0.59	0.97	1.93	-1.06	-0.29	0.24	0.70

Change in cash	1.34	0.93	0.04	-0.36	-0.19	0.91	1.60	2.49	1.21	0.61	-0.09	-0.45	-0.03