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GE Vernova GEV Electrification — Currency exchange and other

Other segment segments

Wind
-$33M-149%
Power
$0-100%

Similar metrics at other companies

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HUBBElectrical Solutions — Foreign currency translation
-$800K-162%
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ESIElectronics — Foreign currency translation and other
$600K-98.1%
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PWRElectric Power — Foreign currency translation adjustments
$2.24M+165%

Other financials

Income statement

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Revenue$11.1B+21.9%
Gross profit$2.4B+27.9%
Operating income$653.0M+72.8%
Net income$668.0M+30.0%
EPS (diluted)$2.47+32.8%

Balance sheet

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Cash & equivalents$13.1B+66.2%
Total debt$4.0B+274%
Total equity$12.0B+34.7%
Total assets$80.8B+52.2%

Cash flow

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Operating cash flow$5.5B+1,396%
CapEx$386.0M+123%
Free cash flow$5.1B+2,532%

Valuation

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Market cap$274.64B+61.7%
Enterprise value$265.48B+62.8%
P/E28.8×-118×
P/S6.6×+2.0×

Profitability

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Gross margin20.2%+2.3pp
Operating margin4.3%+2.6pp
Net margin23%+19.9pp
FCF margin30.1%+22.7pp

Returns & leverage

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Return on equity91.5%+78.6pp
Debt / equity0.3×+0.2×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by GE Vernova in its filing.

Tagged under the XBRL concept us-gaap:GoodwillOtherIncreaseDecrease.

The official record: GE Vernova’s 10-Q, filed July 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GE Vernova's electrification — currency exchange and other?
GE Vernova (GEV) reported electrification — currency exchange and other of $28M in Q2 2026.
How has GE Vernova's electrification — currency exchange and other changed year-over-year?
GE Vernova's electrification — currency exchange and other increased by 162.2% year-over-year, from -$45M to $28M.
What does electrification — currency exchange and other mean?
Captures the net impact of fluctuations in foreign currency exchange rates on the Electrification segment's financial results, alongside miscellaneous non-operating items. It reflects the volatility inherent in global operations where revenues and costs are denominated in multiple currencies. This metric is essential for isolating operational performance from external macroeconomic currency movements.