GE Vernova Financial Statements
NYSE: GEVTechnologyConsumer Electronics/AppliancesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
GE Vernova revenue and earnings
In fiscal 2025, GE Vernova generated $38.07 billion in revenue, up 9.0% from fiscal 2024, its 3rd consecutive year of revenue growth. Net income was $4.88 billion (+214.7% year over year), for a net margin of 12.8% versus a median of -1.3% in the prior 3 years. Gross margin was 19.8% (up from 17.4%) and operating margin 3.6%.
Diluted earnings per share came in at $17.69, up from $5.58. Over the last 3 fiscal years, GEV's revenue has grown at a 8.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
GE Vernova income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 |
|---|---|---|---|---|
| Revenue | 38.07B | 34.94B | 33.24B | 29.65B |
| Revenue growth (YoY) | +8.97% | +5.10% | +12.09% | — |
| Cost of Revenue | 30.53B | 28.85B | 28.42B | 26.20B |
| Gross Profit | 7.54B | 6.08B | 4.82B | 3.46B |
| Operating Expenses | 6.15B | 5.61B | 5.74B | 6.34B |
| Research & Development | 1.20B | 982.00M | 896.00M | 979.00M |
| Selling, General & Admin | 4.95B | 4.63B | 4.84B | 5.36B |
| Operating Income | 1.39B | 471.00M | -923.00M | -2.88B |
| Other Income (Expense) | 795.00M | 1.37B | 324.00M | 370.00M |
| Pretax Income | 2.83B | 2.50B | -130.00M | -2.47B |
| Income Tax | -2.05B | 939.00M | 344.00M | 248.00M |
| Net Income | 4.88B | 1.55B | -438.00M | -2.74B |
| Net Income growth (YoY) | +214.69% | — | — | — |
| EPS (Basic) | 17.92 | 5.65 | -1.60 | -10.00 |
| EPS (Diluted) | 17.69 | 5.58 | -1.60 | -10.00 |
| Shares Outstanding (Basic) | 272.00M | 275.00M | 274.00M | 274.00M |
| Shares Outstanding (Diluted) | 276.00M | 278.00M | 274.00M | 274.00M |
| EBITDA | 2.00B | 1.37B | -199.00M | -2.10B |
| Gross Margin | 19.79% | 17.42% | 14.50% | 11.66% |
| Operating Margin | 3.65% | 135.00% | -2.78% | -9.72% |
| Net Margin | 12.83% | 4.44% | -132.00% | -9.23% |
This table shows 4 annual periods of GE Vernova's income statement, from FY 2025 back to FY 2022, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow GEV's reporting calendar. What is a income statement?