# GE Vernova Inc. (GEV) FY2025 Q1 P&L / Income Statement

- Company: GE Vernova Inc. (GEV)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-04-23, accession number 0001996810-25-000073
- Page: https://plicit.ai/financials/gev/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/gev-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service (4 categories)

Income statement for 2025-01-01 through 2025-03-31. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 8,032,000,000 US dollars
- **Cost of equipment and services**: 6,562,000,000 US dollars
- **Gross profit**: 1,470,000,000 US dollars
- **Operating expenses (calculated)**: 1,427,000,000 US dollars
- **Operating income (loss)**: 43,000,000 US dollars
- **Other income (expense), net (calculated)**: 289,000,000 US dollars
- **Income (loss) before income taxes**: 332,000,000 US dollars
- **Provision (benefit) for income taxes (Note 14)**: 68,000,000 US dollars
- **Net income (loss)**: 264,000,000 US dollars
- **Equipment**: 4,197,000,000 US dollars
- **Services**: 3,828,000,000 US dollars
- **Research and development expenses**: 239,000,000 US dollars
- **Selling, general, and administrative expenses**: 1,188,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 8,025,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other revenues and elimination of intersegment revenues**: negative 119,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Intersegment**: 126,000,000 US dollars. Reported reconciliation to consolidated revenue.

### 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.

## Chart details: Revenue by Product and Service (2 categories)

- Page: https://plicit.ai/financials/gev/fy2025-q1-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/gev-fy2025-q1-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenues**: 8,032,000,000 US dollars
- **Cost of equipment and services**: 6,562,000,000 US dollars
- **Gross profit**: 1,470,000,000 US dollars
- **Operating expenses (calculated)**: 1,427,000,000 US dollars
- **Operating income (loss)**: 43,000,000 US dollars
- **Other income (expense), net (calculated)**: 289,000,000 US dollars
- **Income (loss) before income taxes**: 332,000,000 US dollars
- **Provision (benefit) for income taxes (Note 14)**: 68,000,000 US dollars
- **Net income (loss)**: 264,000,000 US dollars
- **Equipment revenue**: 4,197,000,000 US dollars
- **Services revenue**: 3,835,000,000 US dollars
- **Equipment cost of revenue**: 3,915,000,000 US dollars
- **Services cost of revenue**: 2,647,000,000 US dollars
- **Research and development expenses**: 239,000,000 US dollars
- **Selling, general, and administrative expenses**: 1,188,000,000 US dollars

### 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.