GE Vernova Inc. (GEV) Revenue History
Annual and quarterly revenue from 2022 to present
GEV Revenue Over Time (2022–2025)
GEV Revenue Growth History
3 of 3 years with positive growth- FY2022 revenue growth
- N/A
- FY2023 revenue growth
- +12.1%
- FY2024 revenue growth
- +5.1%
- FY2025 revenue growth
- +8.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $9.34B | +16.1% |
| Q4 2025 | $10.96B | +3.8% |
| Q3 2025 | $9.97B | +11.8% |
| Q2 2025 | $9.11B | +11.1% |
| Q1 2025 | $8.04B | +10.8% |
| Q4 2024 | $10.56B | +5.1% |
| Q3 2024 | $8.91B | — |
| Q2 2024 | $8.20B | — |
Multi-year avg. share of annual revenue by fiscal quarter
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)
Current Revenue & Growth
As of June 21, 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.
Historical Growth Trajectory
GEV's historical revenue data shows a 3-year CAGR of +8.7%. GE Vernova Inc.'s highest annual revenue of $38.07 billion was recorded in 2025, an all-time high.
Revenue by Segment
GEV's revenue is primarily driven by Product (55%), and Service (45%). With over half of revenue concentrated in Product, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Utilities sector peers — including MHK (+2.9% YoY), PWR (+20.6% YoY), and ETN (+12.7% YoY) — GEV has outperformed the peer group in 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 Stock Analysis
Deep dive into GEV consensus models and risk factors.
Should I Buy GEV?
Wall Street verdict, signals, and target summaries.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
4+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
GEV — Frequently Asked Questions
Quick answers to the most common questions about buying GEV stock.
Is GEV's revenue growth accelerating or slowing?
GEV revenue growth is accelerating. TTM revenue reached $39.4B, up +16.1% year-over-year — ahead of the 5-year CAGR of N/A. This indicates the business is expanding faster than its historical baseline.
What is GEV's revenue history from 2022 to 2026?
GE Vernova Inc. (GEV) revenue history spans 2022 to 2026. TTM revenue as of 2026 is $39.4B, growing at +16.1% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is GEV's long-term revenue growth rate (CAGR)?
GE Vernova Inc.'s 5-year revenue CAGR of N/A reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +16.1% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for GEV.
Why does GEV's quarterly revenue fluctuate?
GEV quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. GE Vernova Inc.'s revenue data from 2022 to 2026 shows full historical quarterly detail on this page.
How is GEV's revenue distributed by segment?
GEV reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does GEV's revenue compare to industry peers?
GE Vernova Inc. (GEV) with TTM revenue of $39.4B and +16.1% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.