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GE Vernova GEV Net Income

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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%
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$253.84B+49.8%
Enterprise value$244.68B+50.5%
P/E26.6×-120×
P/S6.1×+1.5×

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:NetIncomeLoss.

The source filing: GE Vernova’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 6:27 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001996810-26-000148
(In millions, except per share amounts)Three months ended June 30 / 2026Three months ended June 30 / 2025Six months ended June 30 / 2026Six months ended June 30 / 2025
Provision (benefit) for income taxes (Note 16)276153630221
Net income (loss)6494925,398756
Net loss (income) attributable to noncontrolling interests19221512
Net income (loss) attributable to GE Vernova$668$514$5,413$768
Earnings (loss) per share attributable to GE Vernova (Note 18):
Basic$2.49$1.89$20.17$2.80
Diluted$2.47$1.86$19.96$2.77
Weighted-average number of common shares outstanding:

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

FAQ

What is GE Vernova's net income?
GE Vernova (GEV) reported net income of $668M in Q2 2026.
How has GE Vernova's net income changed year-over-year?
GE Vernova's net income increased by 30.0% year-over-year, from $514M to $668M.
What is the long-term trend for GE Vernova's net income?
Over 2 years (2022 to 2025), GE Vernova's net income has grown at a 33.6% compound annual growth rate (CAGR), from -$2.74B to $4.88B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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