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GE Vernova

GEV

GE Vernova is a global leader in the electric power industry, providing a comprehensive portfolio of technologies and services that generate, transfer, orchestrate, convert, and store electricity.

Market cap
$287.8B+104%
Revenue$39.4B+10.3%
Net income$9.4B+384%
Free cash flow$7.5B+126%
EPS (diluted)$34.22+393%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$10.7B
EPS estimate$3.23

Financials

Q1 2026

Income statement

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Revenue$9.3B+16.3%
Gross profit$1.8B+21.2%
Operating income$179.0M+316%
Net income$4.7B+1,768%
EPS (diluted)$17.44+1,816%

Balance sheet

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Cash & equivalents$10.2B+25.5%
Total debt$1.2B+18.6%
Total equity$13.9B+61.8%
Total assets$75.6B+46.7%

Cash flow

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Operating cash flow$5.2B+347%
CapEx$397.0M+113%
Free cash flow$4.8B+391%

Valuation & ratios

Valuation

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Market cap$289.43B+104%
Enterprise value$280.46B+108%
P/E30.9×-91.9×
P/S7.4×+3.5×

Profitability

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Gross margin19.9%+2.0pp
Operating margin3.9%+1.6pp
Net margin23.8%+18.4pp
FCF margin19.1%+9.8pp

Returns & leverage

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Return on equity83.2%+61.2pp
Debt / equity0.1×0.0×
Current ratio0.9×-0.1×

Segments

By segment

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Power$5.0B+11.7%
Electrification$3.0B+60.8%
Wind$1.4B-22.6%

By product

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Services$4.1B+6.5%

Competitors

Profile

GE Vernova is a global leader in the electric power industry, providing a comprehensive portfolio of technologies and services that generate, transfer, orchestrate, convert, and store electricity. The company focuses on enabling the energy transition through electrification and decarbonization, supporting an installed base that generates approximately 25% of the world's electricity.

Competitive position

A dominant global player with a massive installed base generating a quarter of the world's power, positioned as a key enabler of the global energy transition.

GeographiesGlobal, North America, Europe, Asia
Customer segmentsUtilities, Governments, Industrial Enterprises
Business modelManufacturing, Long-term Service Agreements, Industrial Software
SuppliersRaw material suppliers (steel, copper, rare earth elements), Specialized component manufacturers, Logistics and shipping providers
CustomersElectric utilities, National power grids, Industrial manufacturing plants, Renewable energy project developers
Listed2024
CEOScott L. Strazik
SectorUtilities
FilingsSEC EDGAR

Questions, answered.

What is GE Vernova's market cap?
GE Vernova (GEV) has a market capitalization of $287.80B and trades on NYSE.
What is GE Vernova's revenue and profitability?
GE Vernova generated $39.4B in trailing twelve-month revenue with net income of $9.4B, representing a net margin of 23.8%. Gross margin stands at 19.9%, with free cash flow of $7.5B. These figures are based on the Q1 2026 filing.
Who are GE Vernova's competitors?
GE Vernova's key competitors include Siemens Energy, Constellation Energy Corporation Common Stock, Ormat Technologies, Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does GE Vernova have?
GE Vernova's subsidiaries include GE Gas Power, GE Renewable Energy.
Where is GE Vernova headquartered?
GE Vernova is headquartered in United States of America. It has been publicly traded since 2024.