GE Vernova Inc. (GEV) FY2025 Q1 Balance Sheet

Balance Sheet

As of 2025-03-31

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GE Vernova Inc. (GEV) FY2025 Q1 Balance SheetBalance sheet as of 2025-03-31. The chart shows assets, liabilities and equity at that date.Current liabilities$32.68 BLiabilities$41.89 BCurrent assets$33.94 BAssets$51.56 BNon-current liabilities$9.21 BNon-current assets$17.62 BEquity$9.67 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSInventories, including deferred inventory costs (Note 4)Current contract assets (Note 8)Cash, cash equivalents, and restricted cashCurrent receivables – net (Note 3)All other current assets (Note 9)Property, plant, and equipment – net (Note 5)Goodwill (Note 7)All other assets (Note 9)Equity method investments (Note 10)Deferred income taxes (Note 14)Intangible assets – net (Note 7)Contract and other deferred assets (Note 8)Contract liabilities and deferred income (Note 8)Accounts payable and equipment project payables (Note 11)All other current liabilities (Note 13)All other liabilities (Note 13)Non-current compensation and benefitsDeferred income taxes (Note 14)Additional paid-in capitalRetained earningsCommon stock, par value $0.01 per share, 1,000,000,000 shares authorized, 272,934,744 and 275,880,314 shares outstanding as of March 31, 2025 and December 31, 2024, respectivelyNoncontrolling interestsAccumulated other comprehensive income (loss) – net attributable to GE Vernova (Note 15)Treasury common stock, 4,206,246 and 226,290 shares at cost as of March 31, 2025 and December 31, 2024, respectivelyCurrent assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityCurrent liabilitiesCurrent liabilities$32.68 BLiabilitiesLiabilities$41.89 BCurrent assetsCurrent assets$33.94 BContract liabilities and deferred income (Note 8)Contract liabilities and deferred income (Note 8)$18.71 BInventories, including deferred inventory costs (Note 4)Inventories, including deferred inventory costs (Note 4)$9.16 BCurrent contract assets (Note 8)Current contract assets (Note 8)$9.04 BAccounts payable and equipment project payables (Note 11)Accounts payable and equipment project payables$8.42 BAssetsAssets$51.56 BCash, cash equivalents, and restricted cashCash, cash equivalents, and restricted cash$8.11 BAll other current liabilities (Note 13)All other current liabilities (Note 13)$5.55 BNon-current liabilitiesNon-current liabilities$9.21 BCurrent receivables – net (Note 3)Current receivables – net (Note 3)$7.14 BAll other liabilities (Note 13)All other liabilities (Note 13)$5.18 BAll other current assets (Note 9)All other current assets (Note 9)$497.00 MNon-current compensation and benefitsNon-current compensation and benefits$3.25 BDeferred income taxes (Note 14)Deferred income taxes (Note 14)$782.00 MProperty, plant, and equipment – net (Note 5)Property, plant, and equipment – net (Note 5)$5.23 BGoodwill (Note 7)Goodwill (Note 7)$4.37 BNon-current assetsNon-current assets$17.62 BAdditional paid-in capitalAdditional paid-in capital$9.65 BAll other assets (Note 9)All other assets (Note 9)$2.98 BRetained earningsRetained earnings$1.87 BEquityEquity$9.67 BEquity method investments (Note 10)Equity method investments (Note 10)$2.14 BCommon stock, par value $0.01 per share, 1,000,000,000 shares authorized, 272,934,744 and 275,880,314 shares outstanding as of March 31, 2025 and December 31, 2024, respectivelyCommon stock$3.00 MDeferred income taxes (Note 14)Deferred income taxes (Note 14)$1.64 BNoncontrolling interestsNoncontrolling interests$1.07 BIntangible assets – net (Note 7)Intangible assets – net (Note 7)$773.00 MAccumulated other comprehensive income (loss) – net attributable to GE Vernova (Note 15)Accumulated other comprehensive income (loss)– net attributable to GE Vernova (Note 15)−$1.66 BContract and other deferred assets (Note 8)Contract and other deferred assets (Note 8)$505.00 MTreasury common stock, 4,206,246 and 226,290 shares at cost as of March 31, 2025 and December 31, 2024, respectivelyTreasury common stock−$1.26 B
Chart details

GE Vernova Inc. (GEV) FY2025 Q1 Balance Sheet

Balance sheet as of 2025-03-31. The chart shows assets, liabilities and equity at that date.

Assets
51,559,000,000 US dollars
Current assets
33,936,000,000 US dollars
Non-current assets
17,623,000,000 US dollars
Liabilities
41,887,000,000 US dollars
Current liabilities
32,677,000,000 US dollars
Non-current liabilities
9,210,000,000 US dollars
Equity
9,672,000,000 US dollars
Noncontrolling interest
1,065,000,000 US dollars. Included in consolidated equity; this amount is not added again.
Inventories, including deferred inventory costs (Note 4)
9,156,000,000 US dollars
Current contract assets (Note 8)
9,040,000,000 US dollars
Cash, cash equivalents, and restricted cash
8,107,000,000 US dollars
Current receivables – net (Note 3)
7,136,000,000 US dollars
All other current assets (Note 9)
497,000,000 US dollars
Property, plant, and equipment – net (Note 5)
5,225,000,000 US dollars
Goodwill (Note 7)
4,368,000,000 US dollars
All other assets (Note 9)
2,976,000,000 US dollars
Equity method investments (Note 10)
2,137,000,000 US dollars
Deferred income taxes (Note 14)
1,639,000,000 US dollars
Intangible assets – net (Note 7)
773,000,000 US dollars
Contract and other deferred assets (Note 8)
505,000,000 US dollars
Contract liabilities and deferred income (Note 8)
18,708,000,000 US dollars
Accounts payable and equipment project payables (Note 11)
8,421,000,000 US dollars
All other current liabilities (Note 13)
5,547,000,000 US dollars
All other liabilities (Note 13)
5,177,000,000 US dollars
Non-current compensation and benefits
3,251,000,000 US dollars
Deferred income taxes (Note 14)
782,000,000 US dollars
Additional paid-in capital
9,654,000,000 US dollars
Retained earnings
1,865,000,000 US dollars
Common stock, par value $0.01 per share, 1,000,000,000 shares authorized, 272,934,744 and 275,880,314 shares outstanding as of March 31, 2025 and December 31, 2024, respectively
3,000,000 US dollars
Noncontrolling interests
1,065,000,000 US dollars
Accumulated other comprehensive income (loss) – net attributable to GE Vernova (Note 15)
negative 1,660,000,000 US dollars
Treasury common stock, 4,206,246 and 226,290 shares at cost as of March 31, 2025 and December 31, 2024, respectively
negative 1,256,000,000 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 liabilities lines add up to $32,676.00 M and the current liabilities total is $32,677.00 M; the $1.00 M difference is within the rounding of the filed amounts.
  • The filed equity lines add up to $9,671.00 M and the equity total is $9,672.00 M; the $1.00 M difference is within the rounding of the filed amounts.
GE Vernova Inc. (GEV) FY2025 Q1 Balance Sheet Sankey chart
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