GENERAL ELECTRIC COMPANY (GE) FY2025 Annual P&L / Income Statement

GENERAL ELECTRIC COMPANY (GE) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Business segment (SEGMENT AND GEOGRAPHIC INFORMATION & REMAINING PERFORMANCE OBLIGATION- Schedule of Equipment and Services Revenues) (2). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenue

45,855,000,000 US dollars

Cost of revenue (calculated)

28,968,000,000 US dollars

Gross profit (calculated)

16,887,000,000 US dollars

Operating expenses (calculated)

8,374,000,000 US dollars

Operating profit (calculated)

8,513,000,000 US dollars

Other income (loss) (Note 19)

1,487,000,000 US dollars

Income (loss) from continuing operations before income taxes

10,000,000,000 US dollars

Benefit (provision) for income taxes (Note 15)

1,405,000,000 US dollars

Net income (loss)

8,698,000,000 US dollars

Commercial Engines & Services

33,314,000,000 US dollars

Defense & Propulsion Technologies

10,554,000,000 US dollars

Cost of sales

28,968,000,000 US dollars

Selling, general and administrative expenses

4,088,000,000 US dollars

Separation costs

202,000,000 US dollars

Research and development

1,580,000,000 US dollars

Interest and other financial charges

843,000,000 US dollars

Insurance losses, annuity benefits and other costs (Note 12)

2,449,000,000 US dollars

Goodwill impairments (Note 7)

0 US dollars

Non-operating benefit cost (income)

negative 788,000,000 US dollars

Revenue before reconciliation (calculated)

43,868,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Corporate items and eliminations

1,987,000,000 US dollars. Reported reconciliation to consolidated revenue.

Income (loss) from discontinued operations, net of taxes (Note 2)

103,000,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to GENERAL ELECTRIC COMPANY: $8.70 B; to noncontrolling interests: −$6.00 M.