What is GE Vernova's revenue?

GE Vernova (GEV) generated $39.4B in revenue over the trailing twelve months, up 10.3% year over year.

Is GE Vernova profitable?

GE Vernova reported $9.4B in net income over the trailing twelve months, a 23.8% net margin.

What are GE Vernova's profit margins?

Gross margin is 19.9% and operating margin is 3.9%, with a 23.8% net margin.

What is GE Vernova's earnings per share?

GE Vernova's diluted EPS over the trailing twelve months is $34.22.

Where does GE Vernova's income statement data come from?

Every line is extracted from GE Vernova's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

GE Vernova GEV Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$39.38B+10.3%	$38.07B+9.0%	$37.67B+9.4%	$36.62B+8.5%	$35.71B+6.0%
Total cost of revenue	$31.53B+7.6%	$30.53B+5.8%	$30.33B+5.5%	$30.07B+6.8%	$29.3B+2.4%
Gross profit	$7.85B+22.5%	$7.54B+23.8%	$7.34B+29.5%	$6.55B+16.8%	$6.41B+26.8%
Gross margin	19.9%+2.0pp	19.8%+2.4pp	19.5%+3.0pp	17.9%+1.3pp	17.9%+2.9pp
Research and development	$1.26B+28.2%	$1.2B+21.8%	$1.1B+12.8%	$1.03B+8.1%	$984M+5.7%
Selling, general and administrative	$5.06B+9.5%	$4.95B+6.8%	$4.86B+5.2%	$4.87B+7.5%	$4.62B-5.0%
Restructuring charges	$159M+12.0%	$176M-2.2%	$141M-43.6%	$132M-42.1%	$142M-42.7%
Operating income	$1.52B+89.6%	$1.39B+194%	$1.38B—	$655M—	$804M—
Operating margin	3.9%+1.6pp	3.6%+2.3pp	3.7%—	1.8%—	2.3%—
Income from equity method investments	$274M+297%	$269M+408%	$214M+386%	$135M+229%	$69M+46.8%
Income before income taxes	$7.6B+160%	$2.83B+13.3%	$2.84B—	$1.97B—	$2.93B—
Income tax expense	-$1.77B-277%	-$2.05B-319%	$1.14B+165%	$827M+32.7%	$996M+135%
Net income	$9.38B+384%	$4.88B+215%	$1.7B—	$1.16B—	$1.94B—
Net margin	23.8%+18.4pp	12.8%+8.4pp	4.5%—	3.2%—	5.4%—
Net income attributable to noncontrolling interests	——	——	-$10M—	-$14M—	-$6M—
Diluted earnings per share	$34.22+393%	$17.69+218%	$6.14—	$4.15—	$6.94—
Basic earnings per share	$34.65+392%	$17.92+217%	$6.22—	$4.21—	$7.04—
Weighted-average shares, diluted	1.1B-1.0%	1.1B+0.1%	1.1B+0.6%	1.1B+0.7%	1.1B+1.3%
Weighted-average shares, basic	1.1B-1.3%	1.1B-0.6%	1.1B-0.3%	1.1B+0.1%	1.1B+0.3%
Licensing Income	$30M0.0%	$25M-32.4%	$22M-47.6%	$31M-20.5%	$30M-69.7%
Environmental Remediation Expense	——	$28M+155%	$23.75M+102%	$19.5M+56.0%	$15.25M+15.1%
Separation Costs (Benefits)	$158M—	$180M—	——	——	——
Net Interest and Investment Income (Loss)	$515M+578%	$268M+306%	$142M+125%	$72M+10.8%	$76M+24.6%
Non-operating Benefit Cost (Income)	-$478M+7.4%	-$459M+14.2%	-$477M+13.3%	-$492M+11.2%	-$516M+8.3%
Foreign exchange and other	——	——	——	-$39M—	-$47M—
Sale of current customer receivables	$1.54B-14.3%	$1.62B-1.9%	$1.55B+0.9%	$1.65B+0.7%	$1.8B+14.6%
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation	——	——	——	——	——
Share-based compensation expense related to employee stock plans	$266M+26.1%	$257M+65.8%	$231M—	$227M—	$211M—
Accounts Receivable, Allowance for Credit Loss, Writeoff	$23M-48.9%	$30M-16.7%	$48M-61.0%	$42M-64.4%	$45M-67.6%
Amortization of capitalized software and acquired intangible assets	$358M+32.1%	$238M-14.4%	$266M+7.3%	$268M+10.3%	$271M+9.3%
Stock options excluded as their inclusion would be anti-dilutive (in shares)	3M-70.0%	4M-55.6%	4M-50.0%	9M+350%	10M—
Benefit Cost (Income), Nonoperating	-$478M+7.4%	-$459M+14.2%	-$477M+13.3%	-$492M+11.2%	-$516M+8.3%
Less: Net increase (decrease) in cash classified within assets held for sale	$0—	$2M—	——	——	——
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	——	——	——	——	——
Dividends declared (in dollars per share)	$1.75+833%	$1.25+400%	$0.81—	$0.63—	$0.19—
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$9.46B—	$5.24B—	——	——	——
Less: comprehensive income attributable to noncontrolling interest	——	——	-$5M—	-$9M—	$17M—
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$9.45B—	$5.23B—	——	——	——
Contract with customer, favorable (unfavorable) change in estimated profitability	-$275M-5.4%	-$157M+50.8%	-$226M—	-$272M—	-$261M—
Increase (decrease) to net contractual service agreements due to billings	-$5.28B-3.5%	-$5.36B-6.8%	-$5.13B—	-$5.25B—	-$5.1B—
Contract asset, revenues recognized	$5.43B-2.3%	$5.41B-1.1%	$5.59B—	$5.66B—	$5.56B—
Revenue recognized that was included in deferred income at the beginning of the period	——	——	——	——	——
Federal	——	$280M+2.9%	$278M+75.9%	$276M+527%	$274M+491%
Foreign	——	$866M+36.2%	$808.5M+34.3%	$751M+32.2%	$693.5M+29.9%
Current State And Local Tax Expense Benefit	——	$77M+40.0%	$71.5M+73.3%	$66M+140%	$60.5M+340%
Federal	——	-$3.07B-30,590%	-$2.3B-30,623%	-$1.54B-30,690%	-$774.75M-30,890%
Deferred Foreign Income Tax Expense Benefit	——	$306M+2,454%	$226.25M+8,327%	$146.5M+1,853%	$66.75M+276%
State	——	-$511M-51,000%	-$383.5M-51,033%	-$256M-51,100%	-$128.5M-51,300%
Defined contribution plan costs	$163M+13.2%	$157M+9.8%	$154M+9.2%	$150M+7.9%	$144M+7.5%
Depreciation	$632M-26.2%	$615M-31.3%	$626M-31.1%	$810M+7.1%	$856M+16.5%
Depreciation and amortization	$989M-12.2%	$853M-27.3%	$892M-22.1%	$1.08B+9.2%	$1.13B+15.7%
Dividends, Common Stock	$479M+812%	$342M+389%	$223.5M—	$173M—	$52.5M—
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash	——	——	$151M—	——	——
Effective tax rates	-2.7%-99.8%	10.9%-55.3%	121%+357%	100.7%—	97.1%—
Income taxes at U.S. statutory rate of 21%	——	$0.210.0%	$0.210.0%	$0.210.0%	$0.210.0%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Cross-Border, Other, Amount	——	-$22M—	——	——	——
Other	——	-$0.01—	——	——	——
Effect of cross-border tax laws	——	——	——	——	——
Effect of cross-border tax laws	——	——	——	——	——
Business disposition	——	——	——	——	——
Foreign currency	——	-$39M—	——	——	——
Foreign currency	——	——	——	——	——
Foreign flow-through income, net of credits	——	——	——	——	——
Foreign flow-through income, net of credits	——	$60M—	——	——	——
Global Intangible Low-taxed Income, net of credits	——	$53M—	——	——	——
Global Intangible Low-taxed Income, net of credits	——	——	——	——	——
Other	——	$0.01—	——	——	——
Non-deductible foreign payments	——	——	——	——	——
Share-based compensation	——	——	——	——	——
Non-deductible foreign payments	——	$41M—	——	——	——
Non-taxable business incentives	——	——	——	——	——
Non-taxable business incentives	——	-$80M—	——	——	——
Tax on undistributed foreign earnings	——	——	——	——	——
Excess tax benefits associated with employee equity plans (in percent)	——	——	——	——	——
State income taxes – net of federal income tax benefit	——	——	——	——	——
Subpart F income, net of credits	——	——	——	——	——
Subpart F income, net of credits	——	$81M—	——	——	——
Changes in unrecognized tax benefits	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Percent	——	——	——	——	——
Environmental Remediation Expense	——	$28M+155%	$23.75M+102%	$19.5M+56.0%	$15.25M+15.1%
Intangible assets, increase (decrease)	$3.76B+1,826%	-$93M+59.6%	-$130M—	-$186M—	-$218M—
Acquired intangibles	——	$124M—	——	——	——
Gain (Loss), Foreign Currency Transaction, before Tax	——	-$170M-950%	-$122.5M-450%	-$75M-250%	-$27.5M-142%
Gain (loss) from cash flow effectiveness	$41M+51.9%	$40M+100%	$38M+443%	$29M+314%	$27M+438%
Gain (Loss) on Derivative Instruments, Net, Pretax	——	——	——	——	——
Gain (Loss) On Purchase And Disposition Of Business Interests, Including Business Held For Sale	$4.57B+290%	$185M-83.9%	$354M-61.2%	$318M-66.7%	$1.17B+662%
Goodwill Additions	——	——	——	——	——
Currency exchange and other	——	——	——	——	——
Income Loss From Continuing Operations Before Income Taxes Domestic	——	$78M-93.9%	$379.75M-56.6%	$681.5M+46.9%	$983.25M+1,738%
Income Loss From Continuing Operations Before Income Taxes Foreign	——	$2.75B+127%	$2.37B+145%	$1.98B+175%	$1.6B+237%
Income Tax Expense (Benefit), Deferred Tax Asset Recognized	——	——	——	——	——
Federal taxes	——	$0—	——	——	——
State taxes	——	$127M—	——	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	——	——	——	——	——
Business disposition	——	——	——	——	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	——	$594M+13.1%	$576.75M+49.0%	$559.5M+125%	$542.25M+389%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	——	$38M—	——	——	——
Share-based compensation	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	——	——	——	——	——
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	——	——	——	——	——
Changes in unrecognized tax benefits	——	$323M+420%	$217M+338%	$111M+237%	$5M+107%
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Amount	——	——	——	——	——
Income taxes paid	——	——	——	——	——
Income Taxes Paid, Net	$1.22B+71.7%	$830M+33.2%	$813M+147%	$813M+399%	$710M—
Accounts payable and other current liabilities	$637M-40.4%	-$105M-116%	$629M+542%	$1.16B+227%	$1.07B—
Increase (Decrease) in Contract with Customer, Asset	——	——	$831M—	——	——
Increase (decrease) in contract and other deferred assets	——	——	——	——	——
Increase (decrease) in contract liabilities and deferred income	$13.1B+379%	$8.21B+229%	$3.2B—	$3.02B—	$2.74B—
Increase (decrease) in contract liabilities and current deferred income	$12.47B+310%	$8.02B+186%	$3.56B+2.7%	$3.06B-15.4%	$3.04B-10.1%
Increase (Decrease) in Inventories	$1.93B—	$1.43B—	——	——	——
Increase (Decrease) in Other Current Assets	——	——	——	——	——
Increase (decrease) in other current liabilities	——	——	——	——	——
Increase (decrease) in other assets	——	——	——	——	——
Increase (decrease) in all other liabilities	——	——	——	——	——
Increase (Decrease) in Other Receivables	$2.24B+228%	$1.93B+48.7%	$758M-22.3%	$943M—	$682M—
Interest and other financial charges (income)	-$159M+16.3%	-$187M-55.8%	-$180M-283%	-$172M-1,820%	-$190M-309%
Interest Paid, Excluding Capitalized Interest, Operating Activity	——	$53M-28.4%	$58.25M-23.6%	$63.5M-19.1%	$68.75M-14.9%
Net interest and investment income (loss)	$515M+578%	$268M+306%	$142M+125%	$72M+10.8%	$76M+24.6%
Lease Cost	——	$255M-3.8%	$257.5M-7.4%	$260M-10.7%	$262.5M-13.7%
Licensing income	$30M0.0%	$25M-32.4%	$22M-47.6%	$31M-20.5%	$30M-69.7%
Changes in noncontrolling interests	$89M-89.8%	$74M-91.7%	$374M-35.8%	$910M+1,922%	$873M+1,517%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	-$2.11B-559%	-$3.81B-204%	-$2.47B-202%	-$1.11B-172%	$461M-43.9%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$4.95B-3,295%	-$755M-1,941%	-$556M-367%	-$503M-1,127%	$155M+116%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$9.01B+115%	$4.99B+93.1%	$3.43B-4.6%	$3.58B+32.5%	$4.19B+192%
Net Income Loss Attributable To Noncontrolling Interest	——	——	-$10M—	-$14M—	-$6M—
Taxes attributable to ownership interest sold	——	——	——	——	——
Number of taxing jurisdictions	——	250-7.4%	255—	260—	265—
Number of operating segments	——	——	——	——	5.3—
Number of reportable segments	——	——	——	——	5.3—
Operating Lease, Cost	——	——	——	——	——
Operating Lease Payments	——	$225M-7.0%	$229.25M-2.4%	$233.5M+2.4%	$237.75M+7.6%
AOCI before reclass, net of taxes	$278M+176%	$573M+210%	-$118M+79.7%	-$124M+82.2%	-$365M+46.2%
Cash flow hedges	$33M—	$56M—	——	——	——
Unrealized gains (losses) on hedge instruments	-$17M—	$67M—	——	——	——
Foreign currency translation gains (losses)	$248M+198%	$474M+219%	$82M+148%	$150M+232%	-$254M-510%
Net investment hedges	——	——	$1M+120%	-$6M-200%	-$3M-50.0%
Other comprehensive income (loss)	$88M+109%	$354M+132%	-$401M—	-$408M—	-$969M—
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	——	——	$521M—	$550M—	$735M—
Other – net	$58M-15.9%	$60M-16.7%	$74M+23.3%	$77M+54.0%	$69M+25.5%
Other income, net (Note 6)	$5.44B+283%	$795M-42.1%	$802M-23.0%	$652M-43.3%	$1.42B+207%
All other operating activities	-$1.63B-1,975%	-$1.25B-645%	-$623M-227%	-$95M-178%	$87M-73.1%
Other postretirement benefit plans – net (Note 13)	-$263M+8.4%	-$227M+21.7%	-$268M-0.4%	-$279M-3.0%	-$287M-3.6%
Payment for (Proceeds from) Other Investing Activity	-$215M-319%	-$47M-139%	$274M+391%	$124M+426%	$98M-67.8%
Payments for Repurchase of Common Stock	$3.49B+205%	$3.32B+7,612%	$2.24B+5,510%	$1.62B—	$1.14B—
Payments for Restructuring	$143M-35.9%	$155M-34.9%	$166M-34.4%	$182M-23.8%	$223M+3.2%
Payments of Dividends	$343M+397%	$275M—	$207M—	$139M—	$69M—
Payments to Acquire Businesses, Net of Cash Acquired	——	——	——	——	——
Payments to Acquire Equity Method Investments	$91M+214%	$87M-23.7%	$61M-47.4%	$36M-76.2%	$29M-81.4%
Payments to Acquire Productive Assets	$1.49B+74.6%	$1.28B+44.6%	$956M+17.6%	$868M+4.0%	$852M+1.8%
Principal pension plans – net (Note 13)	-$362M+2.2%	-$361M+4.0%	-$364M+4.5%	-$369M+5.1%	-$370M+7.7%
Proceeds from principal business dispositions	$658M—	$60M—	$234M—	——	——
Debt issued (Note 13)	——	——	——	——	——
Financing — other	-$846M-211%	-$221M-128%	-$22M-104%	$679M+1,381%	$765M+815%
Sales of and distributions from equity method investments	$418M+37.0%	$464M+90.2%	$460M+945%	$304M+32.2%	$305M+23.0%
Dispositions of property, plant, and equipment	——	——	——	——	$55M-11.3%
Net additions (releases) charged to costs and expenses	$11M-66.7%	$2M-94.1%	-$1M-105%	$28M+100%	$33M—
Reclassified net gains (losses) from AOCI into earnings	$190M-55.1%	$219M-47.1%	$308M-21.4%	$308M-20.2%	$423M+49.5%
Foreign exchange and other	——	——	——	——	——
Restructuring, Settlement and Impairment Provisions	$312M-8.5%	$285M-32.1%	$201M-63.0%	$322M-27.0%	$341M-28.7%
Revenue From Contract With Customer Excluding Assessed Tax	$39.38B+10.3%	$38.07B+9.0%	$37.67B+9.4%	$36.62B+8.5%	$35.71B+6.0%
Right Of Use Asset Obtained In Exchange For Operating Lease Liability	——	$309M+19.3%	$296.5M+12.4%	$284M+5.8%	$271.5M-0.6%
Property, plant, and equipment additions	$2.39B+182%	$1.25B+43.0%	$943M+32.0%	$858M+15.8%	$847M+10.1%
Separation costs (benefits)	$158M—	$180M—	——	——	——
Other changes	——	$72M+260%	$42.75M+247%	$13.5M+204%	-$15.75M-625%
Standard Product Warranty Accrual, Decrease for Payments	——	$629M-8.3%	$643.25M-7.3%	$657.5M-6.4%	$671.75M-5.5%
Current-period accruals	——	$760M+10.6%	$741.75M+8.1%	$723.5M+5.5%	$705.25M+3.0%
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture	-$506M-311%	-$177M-1,575%	-$151M—	-$169M—	-$123M—
Supply chain finance program, payments	$4.74B+14.8%	$5.14B+40.9%	$4.17B-2.9%	$4.14B-4.0%	$4.13B-12.6%
Invoices confirmed during the period	——	$4.6B+12.9%	$4.46B+6.7%	$4.33B+0.9%	$4.2B-4.7%
Number of shares purchased (in shares)	12.3M—	14.5M—	——	——	——
Treasury stock, value, acquired	$3.43B+182%	$3.34B+111,300%	$2.26B—	$1.6B—	$1.22B—
Repurchase of common stock, excluding commission fees and excise taxes	$3.41B—	$3.32B—	——	——	——
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions	——	$10M-92.5%	$40.75M-66.8%	$71.5M-36.4%	$102.25M0.0%
Unrecognized tax benefits, settlements	——	$44M+340%	$35.5M+67.1%	$27M-16.9%	$18.5M-57.7%
Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation	——	——	——	——	——
Unrecognized tax benefit, penalty expense (benefit)	——	$45M+314%	$28.5M+307%	$12M+285%	-$4.5M-700%
Foreign currency effect	——	$22M—	——	——	——
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions	——	$185M+18,400%	$139M+6,078%	$93M+2,557%	$47M+889%
Additions for tax positions of prior years	——	$161M+437%	$128.25M+235%	$95.5M+105%	$62.75M+14.6%
Unrecognized tax benefit, interest expense (income)	——	-$6M+68.4%	-$9.25M0.0%	-$12.5M-2,600%	-$15.75M-254%
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations	——	$58M+5.5%	$57.25M+6.0%	$56.5M+6.6%	$55.75M+7.2%
Variable Lease Cost	——	$21M-55.3%	$27.5M-42.1%	$34M-29.2%	$40.5M-16.5%
Add: dilutive effect of potential common shares (in shares)	13M+8.3%	14M+75.0%	13M+160%	10M+100%	12M—
EBITDA	$2.51B+30.2%	$2.24B+36.2%	$2.27B—	$1.73B—	$1.93B—
EBITDA margin	6.4%+1.0pp	5.9%+1.2pp	6%—	4.7%—	5.4%—
EBIT	$1.52B+89.6%	$1.39B+194%	$1.38B—	$655M—	$804M—

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Questions, answered.

What is GE Vernova's revenue?: GE Vernova (GEV) generated $39.4B in revenue over the trailing twelve months, up 10.3% year over year.
Is GE Vernova profitable?: GE Vernova reported $9.4B in net income over the trailing twelve months, a 23.8% net margin.
What are GE Vernova's profit margins?: Gross margin is 19.9% and operating margin is 3.9%, with a 23.8% net margin.
What is GE Vernova's earnings per share?: GE Vernova's diluted EPS over the trailing twelve months is $34.22.
Where does GE Vernova's income statement data come from?: Every line is extracted from GE Vernova's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.