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GE Vernova Inc. (GEV) Financial Statements

Industry: Electronic & Other Electrical Equipment (No Computer Equip)

In fiscal 2025, GE Vernova reported revenue of $38.07B, up 9.0% from $34.94B the year before. Net income was $4.88B (a 12.8% net margin), or $17.69 per diluted share. Gross margin was 19.8% and operating margin was 3.6%. Operating activities generated $4.99B of cash, leaving $3.71B of free cash flow. At fiscal year end, GE Vernova held $63.02B in total assets against $50.72B in total liabilities.

Open the full interactive GE Vernova financials → Quarterly statements, key ratios, valuation history and price charts.

GE Vernova Key Stats

Share Price$1,004.04
Market Cap$271.09B
P/E Ratio56.8
Dividend Yield0.15%
Revenue YoY Growth+9.0%
52-Week Range$546.95 – $1,174.86
Shares Outstanding268.0 million (basic, 2026 Q2)

GE Vernova Income Statement

GE Vernova Inc. annual income statement
FY 2024FY 2025
Revenue$34.94B$38.07B
Cost of Goods Sold$28.85B$30.53B
Gross Profit$6.08B$7.54B
Operating Income$471.0M$1.39B
Pre-Tax Income$2.50B$2.83B
Income Tax$939.0M-$2.05B
Net Income$1.55B$4.88B
Diluted EPS$5.58$17.69

GE Vernova Quarterly Results

GE Vernova Inc. last 4 quarters
2025 Q32025 Q42026 Q12026 Q2
Revenue$9.97B$10.96B$9.34B$11.10B
Net Income$452.0M$3.66B$4.75B$668.0M
Diluted EPS$1.64$13.28$17.44$2.47

GE Vernova Balance Sheet

GE Vernova Inc. annual balance sheet (fiscal year end)
FY 2024FY 2025
Current Assets$34.15B$40.22B
Total Assets$51.48B$63.02B
Current Liabilities$31.68B$40.97B
Total Liabilities$40.89B$50.72B
Shareholders' Equity$9.55B$11.18B

GE Vernova Cash Flow Statement

GE Vernova Inc. annual cash flow statement
FY 2024FY 2025
Cash From Operations$2.58B$4.99B
Cash From Investing-$37.0M-$755.0M
Cash From Financing$3.65B-$3.81B
Free Cash Flow$1.70B$3.71B
Dividends Paid—$275.0M

Figures from GE Vernova's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full GE Vernova financials page for every line item.

GE Vernova Company Profile

TickerGEV
ExchangeNYSE
IndustryElectronic & Other Electrical Equipment (No Computer Equip)
HeadquartersCambridge, Massachusetts
Incorporated inDelaware
Fiscal Year EndDecember 31
SEC Filer CategoryLarge accelerated filer
SEC CIK0001996810

Frequently Asked Questions

What was GE Vernova's revenue in fiscal 2025?

GE Vernova (GEV) reported revenue of $38.07B for fiscal 2025.

What was GE Vernova's net income in fiscal 2025?

GE Vernova reported net income of $4.88B for fiscal 2025.

What was GE Vernova's earnings per share (EPS) in fiscal 2025?

GE Vernova's diluted EPS was $17.69 for fiscal 2025 (adjusted for any later stock splits).

How much free cash flow did GE Vernova generate in fiscal 2025?

GE Vernova generated $3.71B of free cash flow in fiscal 2025.

What was GE Vernova's revenue last quarter?

In its most recent reported quarter (2026 Q2), GE Vernova reported revenue of $11.10B.

How many shares of GE Vernova are outstanding?

GE Vernova reported a weighted average of 268.0 million basic shares outstanding in 2026 Q2.

What is GE Vernova's market cap?

Based on its latest closing price, GE Vernova (GEV) has a market capitalization of about $271.09B.

When does GE Vernova's fiscal year end?

GE Vernova's fiscal year end, as registered with the SEC, is December 31.

Where is GE Vernova headquartered?

GE Vernova lists its business address in Cambridge, Massachusetts in its SEC filings.