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GE Vernova GEV Equipment — Total revenues

Other product segments

Services
$4.65B+10.1%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 — total revenues?
GE Vernova (GEV) reported equipment — total revenues of $6.46B in Q2 2026.
How has GE Vernova's equipment — total revenues changed year-over-year?
GE Vernova's equipment — total revenues increased by 32.0% year-over-year, from $4.89B to $6.46B.
What does equipment — total revenues mean?
Represents the total gross revenue generated from the sale of equipment and related hardware products within a specific business segment. This metric reflects the market demand and commercial success of the segment's physical product offerings before accounting for service or maintenance contracts. It serves as a primary indicator of top-line growth and market penetration for the segment's core hardware portfolio.