GE Vernova Inc. (GEV) quarterly income statement — complete revenue, gross profit & net income history
GE Vernova Inc. (GEV) annual income statement — 4-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q1'23 |
|---|
| Revenue | 11.1B | 9.34B | 10.96B | 9.97B | 9.11B | 8.04B | 10.56B | 8.91B | 8.2B | 7.26B | 10.04B | 6.82B |
| Revenue Growth % | 21.87% | 16.14% | 3.77% | 11.85% | 11.06% | 10.77% | 5.11% | - | - | - | - | - |
| Cost of Revenue | 8.74B | 7.56B | 8.63B | 8.07B | 7.26B | 6.52B | 8.44B | 7.8B | 6.5B | 6.11B | 8.36B | 5.9B |
| Gross Profit | 2.36B | 1.78B | 2.32B | 1.9B | 1.85B | 1.52B | 2.12B | 1.11B | 1.7B | 1.15B | 1.69B | 919M |
| Gross Margin % | 21.26% | 19.07% | 21.18% | 19.04% | 20.26% | 18.93% | 20.11% | 12.44% | 20.75% | 15.84% | 16.79% | 13.47% |
| Gross Profit Growth % | 27.9% | 17.02% | 9.33% | 71.15% | 8.46% | 32.35% | 25.84% | - | - | - | - | - |
| Operating Expenses | 1.71B | 1.6B | 1.72B | 1.53B | 1.47B | 1.45B | 1.53B | 1.47B | 1.18B | 1.44B | 1.59B | 1.39B |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 925M | 521M | 831M | 579M | 583M | 281M | 862M | 39M | 781M | -38M | 349M | -238M |
| EBITDA Margin % | 8.33% | 5.58% | 7.58% | 5.81% | 6.4% | 3.49% | 8.16% | 0.44% | 9.52% | -0.52% | 3.47% | -3.49% |
| EBITDA Growth % | 58.66% | 85.41% | -3.6% | 1384.62% | -25.35% | 839.47% | 146.99% | - | - | - | - | - |
| Depreciation & Amortization | 0 | 342M | 230M | 213M | 205M | 205M | 269M | 398M | 254M | 251M | 252M | 231M |
| D&A / Revenue % | 0% | 3.66% | 2.1% | 2.14% | 2.25% | 2.55% | 2.55% | 4.47% | 3.1% | 3.46% | 2.51% | 3.39% |
| Operating Income (EBIT) | 655M | 179M | 601M | 366M | 378M | 76M | 593M | -359M | 527M | -289M | 97M | -469M |
| Operating Margin % | 5.9% | 1.92% | 5.49% | 3.67% | 4.15% | 0.95% | 5.62% | -4.03% | 6.42% | -3.98% | 0.97% | -6.87% |
| Operating Income Growth % | 73.28% | 135.53% | 1.35% | 201.95% | -28.27% | 126.3% | 511.34% | - | - | - | - | - |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K |
| Interest Coverage | - | - | - | - | - | - | - | - | - | -5.86x | 52.13x | -22.33x |
| Interest / Revenue % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0.01% | 0.01% |
| Non-Operating Income | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Pretax Income | 925M | 5.1B | 1.1B | 746M | 645M | 333M | 1.11B | -122M | 1.6B | -96M | 409M | -415M |
| Pretax Margin % | 8.33% | 54.64% | 10.09% | 7.48% | 7.08% | 4.14% | 10.54% | -1.37% | 19.53% | -1.32% | 4.07% | -6.08% |
| Income Tax | 276M | 354M | -2.56B | 293M | 153M | 68M | 629M | -23M | 322M | 10M | 305M | -69M |
| Effective Tax Rate % | 29.84% | 6.94% | -232.13% | 39.28% | 23.72% | 20.42% | 56.51% | 18.85% | 20.1% | -10.42% | 74.57% | 16.63% |
| Net Income | 668M | 4.75B | 3.66B | 452M | 514M | 254M | 484M | -96M | 1.29B | -130M | 95M | -315M |
| Net Margin % | 6.02% | 50.81% | 33.44% | 4.53% | 5.64% | 3.16% | 4.58% | -1.08% | 15.77% | -1.79% | 0.95% | -4.62% |
| Net Income Growth % | 29.96% | 1768.11% | 657.02% | 570.83% | -60.28% | 295.38% | 409.47% | - | - | - | - | - |
| EPS (Diluted) | 2.47 | 17.44 | 13.28 | 1.64 | 1.86 | 0.91 | 1.73 | -0.35 | 4.65 | -0.48 | 0.35 | -1.15 |
| EPS Growth % | 32.8% | 1816.48% | 667.63% | 568.57% | -60% | 289.58% | 395.7% | - | - | - | - | - |
| EPS (Basic) | 2.49 | 17.65 | 13.45 | 1.66 | 1.89 | 0.92 | 1.75 | -0.35 | 4.72 | -0.48 | 0.35 | -1.15 |
| Diluted Shares Outstanding | 270M | 272M | 276M | 275M | 276M | 279M | 278M | 275M | 278M | 272.08M | 272.08M | 274M |