GE Vernova Inc. (GEV) FY2025 Annual P&L / Income Statement

GE Vernova Inc. (GEV) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

38,068,000,000 US dollars

Cost of equipment and services

30,533,000,000 US dollars

Gross profit

7,535,000,000 US dollars

Operating expenses (calculated)

6,147,000,000 US dollars

Operating income (loss)

1,388,000,000 US dollars

Other income (expense), net (calculated)

1,440,000,000 US dollars

Income (loss) before income taxes

2,828,000,000 US dollars

Provision (benefit) for income taxes (Note 15)

negative 2,051,000,000 US dollars

Net income (loss)

4,879,000,000 US dollars

UNITED STATES

17,341,000,000 US dollars

Europe

7,594,000,000 US dollars

Asia

4,629,000,000 US dollars

Americas

3,116,000,000 US dollars

Middle East and Africa

5,389,000,000 US dollars

Research and development expenses

1,197,000,000 US dollars. Source detail retained; this breakdown has not reconciled exactly and is not drawn.

Selling, general, and administrative expenses

4,949,000,000 US dollars. Source detail retained; this breakdown has not reconciled exactly and is not drawn.

Revenue before reconciliation (calculated)

38,069,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Components above reported revenue (calculated)

negative 1,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.

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 equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.