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

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 StatementIncome statement for 2025-01-01 through 2025-12-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETEquipment revenueServices revenueTotal revenuesGross profitCost of equipment and servicesEquipment cost of revenueServices cost of revenueOperating income (loss)Operating expenses (calculated)Other income (expense), net (calculated)Income (loss) before income taxesNet income (loss)Provision (benefit) for income taxes (Note 15)Provision (benefit) for income taxes (Note 15)Provision (benefit)for income taxes−$2.05 BOther income (expense), net (calculated)Other income,net (calculated)$1.44 BOperating income (loss)Operatingincome (loss)$1.39 BTotal revenuesTotal revenues$38.07 BGross profitGross profit$7.54 BNet income (loss)Net income (loss)$4.88 BIncome (loss) before income taxesIncome (loss)before income taxes$2.83 BOperating expenses (calculated)Operating expenses(calculated)$6.15 BEquipment revenueEquipment$20.93 BCost of equipment and servicesCost of equipmentand services$30.53 BServices revenueServices$17.13 BEquipment cost of revenueEquipm…$18.76 BServices cost of revenueServices$11.77 B
Chart details

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.
GE Vernova Inc. (GEV) FY2025 Annual Revenue by Product and Service (2 categories) Sankey chart
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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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