Income Statement
GE VERNOVA INC.
GEV
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY |
|---|---|---|
|
Revenue
|
38,519.00 | 35,377.00 |
|
Cost of Revenue
|
30,533.00 | 28,850.00 |
|
Gross Profit
|
7,535.00 | 6,085.00 |
|
Operating Expenses
|
6,146.00 | 5,614.00 |
|
Research & Development
|
1,197.00 | 982.00 |
|
Selling, General & Administrative
|
4,949.00 | 4,632.00 |
|
Other Operating Expenses
|
- | - |
|
Operating Income
|
1,389.00 | 471.00 |
|
Non-Operating Income
|
-1,439.00 | -2,027.00 |
|
Interest Income
|
- | - |
|
Interest Expense
|
- | - |
|
Other Non-Op Income / Expense
|
269.00 | 123.00 |
|
Income Before Tax
|
2,828.00 | 2,498.00 |
|
Income Tax Expense
|
-2,056.00 | 946.00 |
|
Non-Controlling Interest
|
-4.00 | 7.00 |
|
Net Income
|
4,884.00 | 1,552.00 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY |
|---|---|---|
|
Depreciation & Amortization
|
- | - |
|
EBITDA
|
1,389.00 | 471.00 |
|
Earnings Per Share (Basic)
|
17.92 | 5.65 |
|
Diluted EPS
|
17.69 | 5.58 |
|
Weighted Average Shares
|
272.00 | 275.00 |
|
Diluted Weighted Avg Shares
|
276.00 | 278.00 |
|
Comprehensive Income
|
5,235.00 | 428.00 |