GE Vernova Inc. (GEV) Revenue History
Annual and quarterly revenue from 2022 to 2025
Compound Annual Growth Rate (CAGR)
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GEV Revenue Growth
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 May 6, 2026, GE Vernova Inc. (GEV) generated trailing twelve-month (TTM) revenue of $39.38 billion, reflecting strong growth of +16.1% year-over-year. The most recent quarter (Q1 2026) recorded $9.34 billion in revenue, down 14.8% 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 MHK (+2.9% YoY), PWR (+20.6% YoY), and ETN (+12.7% YoY), GEV has underperformed the peer group in terms of revenue growth. Compare GEV vs MHK →
GEV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GEVCurrent | $39.4B | +16.1% | - | 3.6% | |
 MHK | $10.8B | +2.9% | +2.5% | 4.7% | |
 PWR | $28.4B | +20.6% | +20.4% | 5.8% | |
 ETN | $27.4B | +12.7% | +9.0% | 19.1% | |
 EMR | $18.0B | +4.0% | +1.4% | 19.6% | |
 HUBB | $5.8B | +7.2% | +9.7% | 20.8% |
GEV Historical Revenue Data (2022–2025)
| 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% |
Full GEV Stock Analysis
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View ValuationCompare GEV vs NEE
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Start ComparisonGEV — Frequently Asked Questions
Quick answers to the most common questions about buying GEV stock.
Is GEV's revenue growth accelerating or slowing?
GEV revenue is accelerating at +16.1% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $39.4B. Growth momentum has increased versus prior periods.
What is GEV's long-term revenue growth rate?
GE Vernova Inc.'s 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +16.1% is above 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.