GE Vernova

GE VernovaGEVEarnings & Financial Report

NYSE · Industrials · Heavy Electrical Equipment

GE Vernova, Inc. is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. The company operates through three main segments: Power, which designs, manufactures, and services gas, nuclear, hydro, and steam technologies; Wind, which provides onshore and offshore wind turbines and blades; and Electrification, which offers grid solutions, power conversion, solar and storage solutions, and digital technologies for the transmission, distribution, and manag...

GEV Q1 FY2026 Key Financial Metrics

Revenue

$9.3B

Gross Profit

N/A

Operating Profit

N/A

Net Profit

$4.8B

Gross Margin

N/A

Operating Margin

N/A

Net Margin

50.9%

YoY Growth

16.3%

EPS

$17.44

GE Vernova Q1 FY2026 Financial Summary

GE Vernova reported revenue of $9.3B (up 16.3% YoY) for Q1 FY2026, with a net profit of $4.8B (up 5.9% YoY) (50.9% margin).

Key Financial Metrics

Total Revenue$9.3B
Net Profit$4.8B
Gross MarginN/A
Operating MarginN/A
Report PeriodQ1 FY2026

GE Vernova Annual Revenue by Year

GE Vernova annual revenue history includes year-by-year totals (for example, 2025 revenue was $38.1B).

YearAnnual Revenue
2025$38.1Bvs 2024
2024$34.9B

GE Vernova Quarterly Revenue & Net Profit History

GE Vernova results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$9.3B+16.3%$4.8B50.9%
Q4 FY2025$11.0B+3.8%$3.7B33.4%
Q3 FY2025$10.0B+11.8%$452.0M4.5%
Q2 FY2025$9.1B+11.1%$514.0M5.6%
Q1 FY2025$8.0B+10.6%$254.0M3.2%
Q4 FY2024$10.6B$484.0M4.6%
Q3 FY2024$8.9B+8.0%$-96.0M-1.1%
Q2 FY2024$8.2B+1.0%$1.3B15.8%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$8.20B$8.91B$10.56B$8.03B$9.11B$9.97B$10.96B$9.34B
YoY Growth1.0%8.0%N/A10.6%11.1%11.8%3.8%16.3%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$48.05B$50.85B$51.48B$51.56B$53.08B$54.40B$63.02BN/A
Liabilities$38.00B$40.34B$40.89B$41.89B$43.13B$44.67B$50.72BN/A
Equity$9.07B$9.50B$9.55B$8.61B$8.88B$8.65B$11.18BN/A

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$979.0M$1.13B$921.0M$1.16B$367.0M$980.0M$2.48B