GE Vernova Inc. (GEV) FY2025 Annual Balance Sheet

Balance Sheet

As of 2025-12-31

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GE Vernova Inc. (GEV) FY2025 Annual Balance SheetBalance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.Current liabilities$40.97 BLiabilities$50.72 BCurrent assets$40.22 BAssets$63.02 BNon-current liabilities$9.75 BNon-current assets$22.80 BEquity$12.30 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSInventories, including deferred inventory costs (Note 5)Current receivables – net (Note 4)Current contract assets (Note 9)Cash, cash equivalents, and restricted cashAll other current assets (Note 10)Assets held for sale (Note 3)Property, plant, and equipment – net (Note 6)Deferred income taxes (Note 15)Goodwill (Note 8)All other assets (Note 10)Equity method investments (Note 11)Intangible assets – net (Note 8)Contract and other deferred assets (Note 9)Contract liabilities and deferred income (Note 9)Accounts payable and equipment project payables (Note 12)All other current liabilities (Note 14)Liabilities held for sale (Note 3)All other liabilities (Note 14)Non-current compensation and benefitsDeferred income taxes (Note 15)Additional paid-in capitalRetained earningsCommon stock, par value $0.01 per share, 1,000,000,000 shares authorized, 269,529,464 and 275,880,314 shares outstanding as of December 31, 2025 and December 31, 2024, respectivelyNoncontrolling interestsTreasury common stock, 8,397,266 and 226,290 shares at cost as of December 31, 2025 and December 31, 2024, respectivelyAccumulated other comprehensive income (loss) – net attributable to GE Vernova (Note 16)Current assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityCurrent liabilitiesCurrent liabilities$40.97 BLiabilitiesLiabilities$50.72 BContract liabilities and deferred income (Note 9)Contract liabilities and deferred income (Note 9)$25.77 BInventories, including deferred inventory costs (Note 5)Inventories, including deferred inventory costs (Note 5)$10.43 BCurrent assetsCurrent assets$40.22 BCurrent receivables – net (Note 4)Current receivables – net (Note 4)$9.80 BAccounts payable and equipment project payables (Note 12)Accounts payable and equipment project payables$8.81 BCurrent contract assets (Note 9)Current contract assets (Note 9)$9.29 BAll other current liabilities (Note 14)All other current liabilities (Note 14)$6.31 BAssetsAssets$63.02 BCash, cash equivalents, and restricted cashCash, cash equivalents, and restricted cash$8.85 BLiabilities held for sale (Note 3)Liabilities held for sale (Note 3)$79.00 MAll other current assets (Note 10)All other current assets (Note 10)$1.45 BNon-current liabilitiesNon-current liabilities$9.75 BAll other liabilities (Note 14)All other liabilities (Note 14)$5.42 BAssets held for sale (Note 3)Assets held for sale (Note 3)$396.00 MNon-current compensation and benefitsNon-current compensation and benefits$3.17 BProperty, plant, and equipment – net (Note 6)Property, plant, and equipment – net (Note 6)$6.01 BDeferred income taxes (Note 15)Deferred income taxes (Note 15)$1.16 BDeferred income taxes (Note 15)Deferred income taxes (Note 15)$5.32 BNon-current assetsNon-current assets$22.80 BAdditional paid-in capitalAdditional paid-in capital$9.81 BGoodwill (Note 8)Goodwill (Note 8)$4.44 BRetained earningsRetained earnings$6.15 BEquityEquity$12.30 BAll other assets (Note 10)All other assets (Note 10)$4.10 BCommon stock, par value $0.01 per share, 1,000,000,000 shares authorized, 269,529,464 and 275,880,314 shares outstanding as of December 31, 2025 and December 31, 2024, respectivelyCommon stock$3.00 MEquity method investments (Note 11)Equity method investments (Note 11)$1.83 BNoncontrolling interestsNoncontrolling interests$1.12 BIntangible assets – net (Note 8)Intangible assets – net (Note 8)$727.00 MTreasury common stock, 8,397,266 and 226,290 shares at cost as of December 31, 2025 and December 31, 2024, respectivelyTreasury common stock−$3.39 BContract and other deferred assets (Note 9)Contract and other deferred assets (Note 9)$378.00 MAccumulated other comprehensive income (loss) – net attributable to GE Vernova (Note 16)Accumulated other comprehensive income (loss)– net attributable to GE Vernova (Note 16)−$1.41 B
Chart details

GE Vernova Inc. (GEV) FY2025 Annual Balance Sheet

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

Assets
63,016,000,000 US dollars
Current assets
40,216,000,000 US dollars
Non-current assets
22,800,000,000 US dollars
Liabilities
50,720,000,000 US dollars
Current liabilities
40,972,000,000 US dollars
Non-current liabilities
9,748,000,000 US dollars
Equity
12,296,000,000 US dollars
Noncontrolling interest
1,118,000,000 US dollars. Included in consolidated equity; this amount is not added again.
Inventories, including deferred inventory costs (Note 5)
10,429,000,000 US dollars
Current receivables – net (Note 4)
9,803,000,000 US dollars
Current contract assets (Note 9)
9,294,000,000 US dollars
Cash, cash equivalents, and restricted cash
8,848,000,000 US dollars
All other current assets (Note 10)
1,445,000,000 US dollars
Assets held for sale (Note 3)
396,000,000 US dollars
Property, plant, and equipment – net (Note 6)
6,006,000,000 US dollars
Deferred income taxes (Note 15)
5,321,000,000 US dollars
Goodwill (Note 8)
4,439,000,000 US dollars
All other assets (Note 10)
4,095,000,000 US dollars
Equity method investments (Note 11)
1,834,000,000 US dollars
Intangible assets – net (Note 8)
727,000,000 US dollars
Contract and other deferred assets (Note 9)
378,000,000 US dollars
Contract liabilities and deferred income (Note 9)
25,774,000,000 US dollars
Accounts payable and equipment project payables (Note 12)
8,809,000,000 US dollars
All other current liabilities (Note 14)
6,310,000,000 US dollars
Liabilities held for sale (Note 3)
79,000,000 US dollars
All other liabilities (Note 14)
5,416,000,000 US dollars
Non-current compensation and benefits
3,171,000,000 US dollars
Deferred income taxes (Note 15)
1,162,000,000 US dollars
Additional paid-in capital
9,813,000,000 US dollars
Retained earnings
6,154,000,000 US dollars
Common stock, par value $0.01 per share, 1,000,000,000 shares authorized, 269,529,464 and 275,880,314 shares outstanding as of December 31, 2025 and December 31, 2024, respectively
3,000,000 US dollars
Noncontrolling interests
1,118,000,000 US dollars
Treasury common stock, 8,397,266 and 226,290 shares at cost as of December 31, 2025 and December 31, 2024, respectively
negative 3,385,000,000 US dollars
Accumulated other comprehensive income (loss) – net attributable to GE Vernova (Note 16)
negative 1,407,000,000 US dollars

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
  • The filed current assets lines add up to $40,215.00 M and the current assets total is $40,216.00 M; the $1.00 M difference is within the rounding of the filed amounts.
  • The filed non-current liabilities lines add up to $9,749.00 M and the non-current liabilities total is $9,748.00 M; the $1.00 M difference is within the rounding of the filed amounts.
GE Vernova Inc. (GEV) FY2025 Annual Balance Sheet Sankey chart
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