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Principal pension plans – net (Note 13)

GE Vernova Principal pension plans – net (Note 13) increased by 3.2% to -$90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.1%, from -$89M to -$90M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 22, 2026

How to read this metric

An increase in expense reduces net income, while an increase in income (credit) boosts profitability.

Detailed definition

Represents the net periodic cost or credit associated with defined benefit pension plans for employees. This figure refl...

Peer comparison

Commonly reported by industrial firms with legacy workforces; often compared against total labor costs.

Metric ID: other_pension_expense_reversal_of_expense_noncash

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0$0$0$0-$99M-$103M-$102M-$101M-$95M-$91M-$94M-$96M-$89M-$90M-$89M-$93M-$90M
QoQ Change-4.0%+1.0%+1.0%+5.9%+4.2%-3.3%-2.1%+7.3%-1.1%+1.1%-4.5%+3.2%
YoY Change+4.0%+11.7%+7.8%+5.0%+6.3%+1.1%+5.3%+3.1%-1.1%
Range-$103M$0
Avg YoY Growth+4.8%
Median YoY Growth+5.0%

Frequently Asked Questions

What is GE Vernova's principal pension plans – net (note 13)?
GE Vernova (GEV) reported principal pension plans – net (note 13) of -$90M in Q1 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 1.1% year-over-year, from -$89M to -$90M.
What does principal pension plans – net (note 13) mean?
The net expense or income recognized from company-sponsored pension plans.