Net Income

Net Income (NCI)

GE Vernova Net Income (NCI) increased by 300.0% to $4.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 233.3%, from -$3.00M to $4.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2025
Last reportedQ1 2026

How to read this metric

An increase indicates that the company's majority-owned subsidiaries are generating more profit for their minority partners, which reduces the net income available to the parent company's shareholders.

Detailed definition

This metric represents the portion of a subsidiary's net income that is attributable to minority shareholders who hold a...

Peer comparison

Standard accounting line item for any company with partially owned consolidated subsidiaries.

Metric ID: minority_interest

Historical Data

15 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$3.50M$3.50M$3.50M$3.50M-$32.00M$2.00M-$15.00M-$2.00M$1.00M$0.00-$3.00M-$3.00M-$22.00M$1.00M$4.00M
QoQ Change+0.0%+0.0%+0.0%<-999%+106.3%-850.0%+86.7%+150.0%-100.0%+0.0%-633.3%+104.5%+300.0%
YoY Change<-999%-42.9%-528.6%+93.8%-50.0%+100.0%-50.0%<-999%+233.3%
Range-$32.00M$4.00M
CAGR+3.9%
Avg YoY Growth-395.4%
Median YoY Growth-50.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is GE Vernova's net income (nci)?
GE Vernova (GEV) reported net income (nci) of $4.00M in Q1 2026.
How has GE Vernova's net income (nci) changed year-over-year?
GE Vernova's net income (nci) increased by 233.3% year-over-year, from -$3.00M to $4.00M.
What does net income (nci) mean?
The share of profits belonging to other investors who own a minority stake in the company's subsidiaries.