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GE Vernova GEV Principal pension plans – net (Note 13)

Principal pension plans – net (Note 13) at other companies

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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$271.12B+49.9%
Enterprise value$261.96B+50.5%
P/E28.5×-128×
P/S6.6×+1.6×

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:PensionExpenseReversalOfExpenseNoncash.

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
CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) / (In millions)Six months ended June 30 / 2026Six months ended June 30 / 2025
Depreciation and amortization of property, plant, and equipment (Note 6)348294
Amortization of intangible assets (Note 8)411116
(Gains) losses on purchases and sales of business interests(4,428)(22)
Principal pension plans – net (Note 13)(696)(179)
Other postretirement benefit plans – net (Note 13)(122)(110)
Provision (benefit) for income taxes (Note 16)630221
Cash recovered (paid) during the year for income taxes(1,258)(363)
Changes in operating working capital:

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

FAQ

What is GE Vernova's principal pension plans – net (note 13)?
GE Vernova (GEV) reported principal pension plans – net (note 13) of -$606M in Q2 2026.
How has GE Vernova's principal pension plans – net (note 13) changed year-over-year?
GE Vernova's principal pension plans – net (note 13) decreased by 573.3% year-over-year, from -$90M to -$606M.
What does principal pension plans – net (note 13) mean?
Represents the net periodic cost or credit associated with defined benefit pension plans for employees. This figure reflects the actuarial adjustments, service costs, and interest costs related to long-term retirement obligations.

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