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GE Vernova GEV Total Revenue

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Segments

By segment

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Power$5.48B+14.5%
Electrification$3.64B+68.2%
Wind$2.03B-9.8%

By geography

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Europe$7.59B-8.8%
Middle East and Africa$5.39B+28.5%
Asia$4.63B-1.5%

By product

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Services$4.65B+10.1%

Other financials

Income statement

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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$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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Sales of equipment$6,459$4,894$11,713$9,091
Sales of services4,6454,2178,7298,052
Total revenues11,1049,11120,44217,143
Cost of equipment5,6134,26510,3288,181
Cost of services3,1303,0005,9745,647
Gross profit2,3601,8464,1403,316
Selling, general, and administrative expenses1,3721,1852,6702,373
Research and development expenses334282638521

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

FAQ

What is GE Vernova's total revenue?
GE Vernova (GEV) reported total revenue of $11.1B in Q2 2026.
How has GE Vernova's total revenue changed year-over-year?
GE Vernova's total revenue increased by 21.9% year-over-year, from $9.11B to $11.1B.
What is the long-term trend for GE Vernova's total revenue?
Over 3 years (2022 to 2025), GE Vernova's total revenue has grown at a 8.7% compound annual growth rate (CAGR), from $29.65B to $38.07B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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