GE Vernova Inc. (GEV) FY2026 Q1 P&L / Income Statement

GE Vernova Inc. (GEV) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Product and service (CONSOLIDATED STATEMENT OF INCOME (LOSS)). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

9,339,000,000 US dollars

Cost of equipment and services

7,558,000,000 US dollars

Gross profit

1,781,000,000 US dollars

Operating expenses (calculated)

1,602,000,000 US dollars

Operating income (loss)

179,000,000 US dollars

Other income (expense), net (calculated)

4,924,000,000 US dollars

Income (loss) before income taxes

5,103,000,000 US dollars

Provision (benefit) for income taxes (Note 16)

354,000,000 US dollars

Net income (loss)

4,750,000,000 US dollars

Equipment

5,254,000,000 US dollars

Services

4,084,000,000 US dollars

Undisclosed (calculated)

1,000,000 US dollars

Research and development expenses

304,000,000 US dollars

Selling, general, and administrative expenses

1,298,000,000 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.

• The amounts that make up net income come to $4,749.00 M and net income is $4,750.00 M; the $1.00 M difference is within the rounding of the filed amounts.