GE Vernova Inc. (GEV) Revenue History
Annual and quarterly revenue from 2022 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2025)
GEV's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
GEV Revenue Analysis (2022–2025)
As of March 1, 2026, GE Vernova Inc. (GEV) generated trailing twelve-month (TTM) revenue of $38.08 billion, reflecting modest growth of +3.8% year-over-year. The most recent quarter (Q4 2025) recorded $10.96 billion in revenue, up 9.9% sequentially.
Looking at the longer-term picture, GEV's historical revenue data shows a 3-year CAGR of +8.7%. The company achieved its highest annual revenue of $38.07 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows GEV's business is primarily driven by Product (55%), and Service (45%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including FLNC (+1.2% YoY), and NRGV (-36.0% YoY), GEV has outperformed the peer group in terms of revenue growth. Compare GEV vs FLNC →
Peer Comparison
Compare GEV's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GEVCurrent | $38.1B | +3.8% | - | 3.6% | |
| FLNC | $2.3B | +1.2% | +32.2% | -1.5% | |
| NRGV | $46M | -36.0% | - | -281.4% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $38.07B | +8.9% | $7.54B | 19.8% | $1.39B | 3.6% |
| 2024 | $34.94B | +5.1% | $6.31B | 18.1% | $787.0M | 2.3% |
| 2023 | $33.24B | +12.1% | $4.82B | 14.5% | $-923,000,000 | -2.8% |
| 2022 | $29.65B | - | $3.46B | 11.7% | $-2,881,000,000 | -9.7% |
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Start ComparisonFrequently Asked Questions
Is GEV's revenue growth accelerating or slowing?
GEV revenue growth slowed to +3.8%, below the 5-year CAGR of N/A. TTM revenue is $38.1B. The deceleration marks a shift from historical growth rates.
What is GEV's long-term revenue growth rate?
GE Vernova Inc.'s 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of +3.8% is near this long-term average.
How is GEV's revenue distributed by segment?
GEV reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2022-2025 are available for download. Segment mix reveals concentration and diversification trends.