GE Vernova (GEV) Income Statement: Revenue & Earnings

GE Vernova Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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GE Vernova Inc. income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	38.07	34.94	33.24	29.65	33.01
Cost of Revenue	30.53	28.85	28.42	26.20	27.69
Gross Profit	7.54	6.34	4.82	3.46	5.31
Operating Expenses
Research & Development	1.20	0.98	0.90	0.98	1.01
Selling, General & Administrative	4.95	4.63	4.85	5.36	4.68
Operating Expenses	6.15	5.19	5.74	6.34	5.69
Operating Income	1.39	1.15	-0.92	-2.88	-0.38
Other Income/Expense
Interest Income	0.19	0.12	0.06	0.04	0.07
Interest Expense	0.00	-0.01	0.10	0.15	-0.06
Other Income/Expense	1.44	0.21	0.83	0.52	0.31
Income
Income Before Tax	2.83	2.50	-0.13	-2.47	-0.86
Income Tax Expense	-2.05	0.94	0.34	0.25	-0.14
Net Income	4.88	1.55	-0.44	-2.74	-0.63
Net Income - Continuous Operations	4.88	1.55	-0.47	-2.72	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	3.68	1.64	0.93	-0.53	0.80
EBIT	1.39	0.47	-0.03	-2.32	-0.38
Depreciation & Amortization	0.85	1.06	0.96	1.80	1.18
Earnings Per Share
Basic EPS	18.00	6.00	-2.00	-10.00	-10.00
Diluted EPS	18.00	6.00	-2.00	-10.00	-10.00
Basic Shares Outstanding	0.27	0.28	0.27	0.27	0.27
Diluted Shares Outstanding	0.28	0.28	0.27	0.27	0.27