Operating Income
Gross Profit
GE Vernova Gross Profit decreased by 23.3% to $1.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.2%, from $1.47B to $1.78B. Over 3 years (FY 2022 to FY 2025), Gross Profit shows an upward trend with a 29.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
Metric ID:
is_gross_profitHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $864.50M | $864.50M | $864.50M | $864.50M | $919.00M | $1.15B | $1.05B | $1.70B | $1.15B | $1.70B | $1.11B | $2.12B | $1.47B | $1.85B | $1.90B | $2.32B | $1.78B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.3% | +24.8% | -8.4% | +61.8% | -32.4% | +48.0% | -34.8% | +91.5% | -30.8% | +25.6% | +2.8% | +22.4% | -23.3% |
| YoY Change | — | — | — | — | +6.3% | +32.7% | +21.6% | +96.8% | +25.1% | +48.4% | +5.5% | +24.9% | +27.8% | +8.5% | +71.1% | +9.3% | +21.2% |
Range$864.50M – $2.32B
CAGR+19.8%
Avg YoY Growth+30.7%
Median YoY Growth+24.9%
Gross Profit at Other Companies
Frequently Asked Questions
- What is GE Vernova's gross profit?
- GE Vernova (GEV) reported gross profit of $1.78B in Q1 2026.
- How has GE Vernova's gross profit changed year-over-year?
- GE Vernova's gross profit increased by 21.2% year-over-year, from $1.47B to $1.78B.
- What is the long-term trend for GE Vernova's gross profit?
- Over 3 years (2022 to 2025), GE Vernova's gross profit has grown at a 29.6% compound annual growth rate (CAGR), from $3.46B to $7.54B.
- What does gross profit mean?
- The money left over from sales after paying for the direct cost of goods sold.