GE Vernova
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.
Financials
Based on Q1 2026 filing
Revenue
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Power
primaryFocuses on providing reliable and affordable electricity through gas, steam, and nuclear power generation technologies. This segment leverages a massive installed base to drive recurring service revenue and modernization projects.
Gas Turbines, Steam Turbines, Nuclear Reactors, Generators
Public Utilities, Independent Power Producers, Government Agencies
Renewable Energy
majorDelivers wind and hydro power solutions aimed at decarbonizing the energy grid. This segment focuses on the manufacturing and servicing of onshore and offshore wind turbines and hydroelectric equipment.
Onshore Wind Turbines, Offshore Wind Turbines, Hydroelectric Turbines
Renewable Energy Developers, Utilities, Industrial Power Users
Electrification
moderateProvides the software and hardware necessary to orchestrate and modernize the electric grid. This segment focuses on grid solutions, power conversion, and digital tools to manage complex energy systems.
Grid Solutions, Power Conversion Systems, Energy Management Software, Battery Storage
Grid Operators, Utilities, Data Centers, Heavy Industry
Segment Financials
Power — EBITDA
View metricPower — Total Assets
View metricPower — Research and development expenses, excluding depreciation and amortization
View metricWind — Research and development expenses, excluding depreciation and amortization
View metricWind — Cost of revenues, excluding depreciation and amortization
View metricWind — EBITDA
View metricElectrification — Cost of revenues, excluding depreciation and amortization
View metricElectrification — EBITDA
View metricElectrification — Selling, general, and administrative expenses, excluding depreciation and amortization
View metricBusiness Overview
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.
Geographies
Global, North America, Europe, Asia
Customer Segments
Utilities, Governments, Industrial Enterprises
Upstream Dependencies
Raw material suppliers (steel, copper, rare earth elements), Specialized component manufacturers, Logistics and shipping providers
Downstream Customers
Electric utilities, National power grids, Industrial manufacturing plants, Renewable energy project developers
Competitors & Partners
Competitors
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Subsidiaries
GE Gas Power
Business unit focused on gas turbine technology and services
GE Renewable Energy
Business unit focused on wind, hydro, and solar solutions
GE Vernova FAQ
Common questions about GE Vernova
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.
GE Vernova (GEV) has a market capitalization of $280.50B and trades on NYSE.
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.
GE Vernova's key competitors include Constellation Energy Corporation Common Stock, Duke Energy Corporation, Entergy Corporation, and others. These companies compete in similar markets and product categories.