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GE Vernova GEV Equipment — Cost of equipment and services

Other product segments

Services
$3.13B+4.3%

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SIRIEquipment revenue — Cost of Services
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ALH
ALHEquipment, service parts and other — Cost of Sales
$259.46M+10.2%

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$270.26B+53.3%
Enterprise value$261.1B+54.1%
P/E28.4×-124×
P/S6.5×+1.7×

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:CostOfGoodsAndServicesSold.

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 equipment — cost of equipment and services?
GE Vernova (GEV) reported equipment — cost of equipment and services of $5.61B in Q2 2026.
How has GE Vernova's equipment — cost of equipment and services changed year-over-year?
GE Vernova's equipment — cost of equipment and services increased by 31.6% year-over-year, from $4.27B to $5.61B.
What does equipment — cost of equipment and services mean?
Includes all direct costs associated with the production, manufacturing, and delivery of equipment and the provision of related services. This encompasses raw materials, direct labor, and overhead costs directly attributable to the segment's revenue-generating activities. Monitoring this metric is essential for assessing the segment's gross margin efficiency and cost control discipline.