Tax
Effective Tax Rate
GE Vernova Effective Tax Rate increased by 106.7% to $0.07 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 66.3%, from $0.21 to $0.07. Over 2 years (FY 2022 to FY 2025), Effective Tax Rate shows a downward trend with a 37.5% CAGR.
Analysis
StatementIncome Statement
SectionTax
First reportedQ1 2022
Last reportedQ1 2026Apr 22, 2026
Metric ID:
anet_effective_tax_rateHistorical Data
14 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$0.03 | -$0.03 | -$0.03 | -$0.03 | $0.17 | -$0.10 | $0.20 | $0.19 | $0.15 | $0.21 | $0.24 | $0.39 | -$1.02 | $0.07 |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +764.0% | -162.7% | +293.3% | -6.0% | -19.6% | +34.9% | +15.6% | +65.4% | -361.0% | +106.7% |
| YoY Change | — | — | — | — | +764.0% | -162.7% | — | — | — | +297.1% | +17.9% | +107.4% | -773.0% | -66.3% |
Range-$1.02 – $0.39
CAGR+36.7%
Avg YoY Growth+26.3%
Median YoY Growth+17.9%
Effective Tax Rate at Other Companies
Frequently Asked Questions
- What is GE Vernova's effective tax rate?
- GE Vernova (GEV) reported effective tax rate of $0.07 in Q1 2026.
- How has GE Vernova's effective tax rate changed year-over-year?
- GE Vernova's effective tax rate decreased by 66.3% year-over-year, from $0.21 to $0.07.
- What is the long-term trend for GE Vernova's effective tax rate?
- Over 2 years (2022 to 2025), GE Vernova's effective tax rate has grown at a 37.5% compound annual growth rate (CAGR), from -$0.10 to -$0.19.