# GE Vernova Inc. (GEV) FY2025 YTD Q2 P&L / Income Statement

- Company: GE Vernova Inc. (GEV)
- Period: 2025-01-01 to 2025-06-30
- Filing: Q2 FY2025 10-Q, filed 2025-07-23, accession number 0001996810-25-000133
- Page: https://plicit.ai/financials/gev/fy2025-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/gev-fy2025-ytd-q2-income-statement-sankey.png

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

Income statement for 2025-01-01 through 2025-06-30. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 17,143,000,000 US dollars
- **Cost of equipment and services**: 13,828,000,000 US dollars
- **Gross profit**: 3,316,000,000 US dollars
- **Operating expenses (calculated)**: 2,895,000,000 US dollars
- **Operating income (loss)**: 421,000,000 US dollars
- **Other income (expense), net (calculated)**: 556,000,000 US dollars
- **Income (loss) before income taxes**: 977,000,000 US dollars
- **Provision (benefit) for income taxes (Note 14)**: 221,000,000 US dollars
- **Net income (loss)**: 756,000,000 US dollars
- **Equipment**: 9,091,000,000 US dollars
- **Services**: 8,033,000,000 US dollars
- **Research and development expenses**: 521,000,000 US dollars. Source detail retained; this breakdown has not reconciled exactly and is not drawn.
- **Selling, general, and administrative expenses**: 2,373,000,000 US dollars. Source detail retained; this breakdown has not reconciled exactly and is not drawn.
- **Revenue before reconciliation (calculated)**: 17,124,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other revenues and elimination of intersegment revenues**: negative 212,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Intersegment**: 231,000,000 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.
- Of which attributable to GE Vernova Inc.: $768.00 M; to noncontrolling interests: −$12.00 M.
- The amounts that make up gross profit come to $3,315.00 M and gross profit is $3,316.00 M; the $1.00 M difference is within the rounding of the filed amounts.

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

- Page: https://plicit.ai/financials/gev/fy2025-ytd-q2-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/gev-fy2025-ytd-q2-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2025-01-01 through 2025-06-30. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenues**: 17,143,000,000 US dollars
- **Cost of equipment and services**: 13,828,000,000 US dollars
- **Gross profit**: 3,316,000,000 US dollars
- **Operating expenses (calculated)**: 2,895,000,000 US dollars
- **Operating income (loss)**: 421,000,000 US dollars
- **Other income (expense), net (calculated)**: 556,000,000 US dollars
- **Income (loss) before income taxes**: 977,000,000 US dollars
- **Provision (benefit) for income taxes (Note 14)**: 221,000,000 US dollars
- **Net income (loss)**: 756,000,000 US dollars
- **Equipment revenue**: 9,091,000,000 US dollars
- **Services revenue**: 8,052,000,000 US dollars
- **Equipment cost of revenue**: 8,181,000,000 US dollars
- **Services cost of revenue**: 5,647,000,000 US dollars
- **Research and development expenses**: 521,000,000 US dollars. Source detail retained; this breakdown has not reconciled exactly and is not drawn.
- **Selling, general, and administrative expenses**: 2,373,000,000 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.
- Of which attributable to GE Vernova Inc.: $768.00 M; to noncontrolling interests: −$12.00 M.
- The amounts that make up gross profit come to $3,315.00 M and gross profit is $3,316.00 M; the $1.00 M difference is within the rounding of the filed amounts.