GE Vernova Inc.
GE Vernova Inc. (GEV) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for GE Vernova Inc. (GEV), featuring income statements, balance sheets, and cash flow data.
GE Vernova Inc. (GEV) Income Statement & Financial Overview
Review GE Vernova Inc. GEV income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $8.03B | $10.56B | $8.91B | $8.21B |
| Cost of Revenue | $6.56B | $8.44B | $7.80B | $6.47B |
| Gross Profit | $1.47B | $2.12B | $1.11B | $1.74B |
| Gross Profit Ratio | $0.18 | $0.20 | $0.12 | $0.21 |
| R&D Expenses | $239.00M | $265.00M | $243.00M | $237.00M |
| SG&A Expenses | $1.19B | $1.27B | $1.23B | $848.00M |
| Operating Expenses | $1.43B | $1.53B | $1.47B | $1.08B |
| Total Costs & Expenses | $7.99B | $9.96B | $9.27B | $7.56B |
| Interest Income | $72.00M | $104.00M | $57.00M | $81.00M |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $205.00M | $269.00M | $398.00M | $254.00M |
| EBITDA | $248.00M | $861.00M | $38.00M | $781.00M |
| EBITDA Ratio | $0.03 | $0.08 | $0.004 | $0.10 |
| Operating Income | $43.00M | $593.00M | -$359.00M | $654.00M |
| Operating Income Ratio | $0.005 | $0.06 | -$0.04 | $0.08 |
| Other Income/Expenses (Net) | $289.00M | $520.00M | $237.00M | $1.07B |
| Income Before Tax | $332.00M | $1.11B | -$122.00M | $1.60B |
| Income Before Tax Ratio | $0.04 | $0.11 | -$0.01 | $0.20 |
| Income Tax Expense | $68.00M | $629.00M | -$23.00M | $322.00M |
| Net Income | $254.00M | $484.00M | -$96.00M | $1.29B |
| Net Income Ratio | $0.03 | $0.05 | -$0.01 | $0.16 |
| EPS | $0.92 | $1.76 | -$0.35 | $4.72 |
| Diluted EPS | $0.91 | $1.74 | -$0.35 | $4.65 |
| Weighted Avg Shares Outstanding | $275.00M | $275.00M | $275.00M | $274.00M |
| Weighted Avg Shares Outstanding (Diluted) | $279.00M | $278.00M | $275.00M | $278.00M |
Financial performance has remained strong, with revenue growing from $8.21B in Q2 2024 to $8.03B in Q1 2025. Gross profit continued to perform well, with margins at 18% in the latest quarter. Operating income reached $43.00M in Q1 2025, holding a steady 1% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $248.00M. Net income dropped to $254.00M, keeping EPS at $0.92. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan