GE Vernova Inc. (GEV) FY2025 Annual P&L / Income Statement
2025-01-01 to 2025-12-31
Revenue by Product and Service (2 categories)
2025-01-01 to 2025-12-31
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GE Vernova Inc. (GEV) FY2025 Annual P&L / Income Statement
Income statement for 2025-01-01 through 2025-12-31. View: Product and service (2 categories). Revenue and costs use their disclosed 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
- Equipment revenue
- 20,934,000,000 US dollars
- Services revenue
- 17,134,000,000 US dollars
- Equipment cost of revenue
- 18,759,000,000 US dollars
- Services cost of revenue
- 11,774,000,000 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.
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.

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Gross margin
19.8%
Gross profit / revenue
Operating margin
3.6%
Operating profit / revenue
Cash conversion
102.2%
Operating cash / net income, same period
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