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Side-by-side financial comparison of GE Vernova (GEV) and TE Connectivity (TEL). Click either name above to swap in a different company.
GE Vernova is the larger business by last-quarter revenue ($9.3B vs $4.7B, roughly 2.0× TE Connectivity). GE Vernova runs the higher net margin — 50.9% vs 18.0%, a 32.8% gap on every dollar of revenue. On growth, GE Vernova posted the faster year-over-year revenue change (16.3% vs 14.5%). GE Vernova produced more free cash flow last quarter ($4.8B vs $680.0M). Over the past eight quarters, TE Connectivity's revenue compounded faster (9.2% CAGR vs 6.7%).
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...
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.
GEV vs TEL — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $9.3B | $4.7B |
| Net Profit | $4.8B | $855.0M |
| Gross Margin | — | 36.8% |
| Operating Margin | — | 20.1% |
| Net Margin | 50.9% | 18.0% |
| Revenue YoY | 16.3% | 14.5% |
| Net Profit YoY | 5.9% | 58.0% |
| EPS (diluted) | $17.44 | $2.90 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $9.3B | $4.7B | ||
| Q4 25 | $11.0B | $4.7B | ||
| Q3 25 | $10.0B | $4.7B | ||
| Q2 25 | $9.1B | $4.5B | ||
| Q1 25 | $8.0B | $4.1B | ||
| Q4 24 | $10.6B | $3.8B | ||
| Q3 24 | $8.9B | $4.1B | ||
| Q2 24 | $8.2B | $4.0B |
| Q1 26 | $4.8B | $855.0M | ||
| Q4 25 | $3.7B | $750.0M | ||
| Q3 25 | $452.0M | $663.0M | ||
| Q2 25 | $514.0M | $638.0M | ||
| Q1 25 | $254.0M | $13.0M | ||
| Q4 24 | $484.0M | $528.0M | ||
| Q3 24 | $-96.0M | $276.0M | ||
| Q2 24 | $1.3B | $573.0M |
| Q1 26 | — | 36.8% | ||
| Q4 25 | 21.2% | 37.2% | ||
| Q3 25 | 19.0% | 35.0% | ||
| Q2 25 | 20.3% | 35.3% | ||
| Q1 25 | 18.3% | 35.2% | ||
| Q4 24 | 20.1% | 35.5% | ||
| Q3 24 | 12.4% | 34.0% | ||
| Q2 24 | 20.7% | 34.8% |
| Q1 26 | — | 20.1% | ||
| Q4 25 | 5.5% | 20.6% | ||
| Q3 25 | 3.7% | 19.3% | ||
| Q2 25 | 4.1% | 18.9% | ||
| Q1 25 | 0.5% | 18.1% | ||
| Q4 24 | 5.6% | 18.0% | ||
| Q3 24 | -4.0% | 16.0% | ||
| Q2 24 | 6.4% | 19.0% |
| Q1 26 | 50.9% | 18.0% | ||
| Q4 25 | 33.4% | 16.1% | ||
| Q3 25 | 4.5% | 14.0% | ||
| Q2 25 | 5.6% | 14.1% | ||
| Q1 25 | 3.2% | 0.3% | ||
| Q4 24 | 4.6% | 13.8% | ||
| Q3 24 | -1.1% | 6.8% | ||
| Q2 24 | 15.8% | 14.4% |
| Q1 26 | $17.44 | $2.90 | ||
| Q4 25 | $13.28 | $2.53 | ||
| Q3 25 | $1.64 | $2.23 | ||
| Q2 25 | $1.86 | $2.14 | ||
| Q1 25 | $0.91 | $0.04 | ||
| Q4 24 | $1.75 | $1.75 | ||
| Q3 24 | $-0.35 | $0.96 | ||
| Q2 24 | $4.65 | $1.86 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.1B |
| Total DebtLower is stronger | — | $5.7B |
| Stockholders' EquityBook value | — | $13.2B |
| Total Assets | — | $25.7B |
| Debt / EquityLower = less leverage | — | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.1B | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $672.0M | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.5B |
| Q1 26 | — | $5.7B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $13.2B | ||
| Q4 25 | $11.2B | $13.0B | ||
| Q3 25 | $8.6B | $12.6B | ||
| Q2 25 | $8.9B | $12.4B | ||
| Q1 25 | $8.6B | $12.1B | ||
| Q4 24 | $9.5B | $12.4B | ||
| Q3 24 | $9.5B | $12.4B | ||
| Q2 24 | $9.1B | $12.6B |
| Q1 26 | — | $25.7B | ||
| Q4 25 | $63.0B | $25.6B | ||
| Q3 25 | $54.4B | $25.1B | ||
| Q2 25 | $53.1B | $24.9B | ||
| Q1 25 | $51.6B | $23.7B | ||
| Q4 24 | $51.5B | $22.4B | ||
| Q3 24 | $50.9B | $22.9B | ||
| Q2 24 | $48.1B | $22.9B |
| Q1 26 | — | 0.43× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $947.0M |
| Free Cash FlowOCF − Capex | $4.8B | $680.0M |
| FCF MarginFCF / Revenue | 51.3% | 14.3% |
| Capex IntensityCapex / Revenue | — | 5.7% |
| Cash ConversionOCF / Net Profit | — | 1.11× |
| TTM Free Cash FlowTrailing 4 quarters | $7.5B | $3.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $947.0M | ||
| Q4 25 | $2.5B | $865.0M | ||
| Q3 25 | $980.0M | $1.4B | ||
| Q2 25 | $367.0M | $1.2B | ||
| Q1 25 | $1.2B | $653.0M | ||
| Q4 24 | $921.0M | $878.0M | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $979.0M | $1.0B |
| Q1 26 | $4.8B | $680.0M | ||
| Q4 25 | $1.8B | $607.0M | ||
| Q3 25 | $733.0M | $1.1B | ||
| Q2 25 | $194.0M | $957.0M | ||
| Q1 25 | $975.0M | $423.0M | ||
| Q4 24 | $571.0M | $673.0M | ||
| Q3 24 | $968.0M | $829.0M | ||
| Q2 24 | $822.0M | $857.0M |
| Q1 26 | 51.3% | 14.3% | ||
| Q4 25 | 16.5% | 13.0% | ||
| Q3 25 | 7.4% | 24.2% | ||
| Q2 25 | 2.1% | 21.1% | ||
| Q1 25 | 12.1% | 10.2% | ||
| Q4 24 | 5.4% | 17.5% | ||
| Q3 24 | 10.9% | 20.4% | ||
| Q2 24 | 10.0% | 21.5% |
| Q1 26 | — | 5.7% | ||
| Q4 25 | 6.1% | 5.5% | ||
| Q3 25 | 2.5% | 5.7% | ||
| Q2 25 | 1.9% | 5.1% | ||
| Q1 25 | 2.3% | 5.6% | ||
| Q4 24 | 3.3% | 5.3% | ||
| Q3 24 | 1.8% | 5.2% | ||
| Q2 24 | 1.9% | 3.7% |
| Q1 26 | — | 1.11× | ||
| Q4 25 | 0.68× | 1.15× | ||
| Q3 25 | 2.17× | 2.14× | ||
| Q2 25 | 0.71× | 1.86× | ||
| Q1 25 | 4.57× | 50.23× | ||
| Q4 24 | 1.90× | 1.66× | ||
| Q3 24 | — | 3.78× | ||
| Q2 24 | 0.76× | 1.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
