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

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

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.