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

Revenue by Product and Service (2)

2026-01-01 to 2026-03-31

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GE Vernova Inc. (GEV) FY2026 Q1 P&L / Income StatementIncome statement for 2026-01-01 through 2026-03-31. View: Product and service (CONSOLIDATED STATEMENT OF INCOME (LOSS)) (2). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETEquipmentServicesUndisclosed (calculated)Total revenuesGross profitCost of equipment and servicesOperating income (loss)Operating expenses (calculated)Selling, general, and administrative expensesResearch and development expensesOther income (expense), net (calculated)Income (loss) before income taxesNet income (loss)Provision (benefit) for income taxes (Note 16)Other income (expense), net (calculated)Other income,net (calculated)$4.92 BIncome (loss) before income taxesIncome (loss)before income taxes$5.10 BNet income (loss)Net income (loss)$4.75 BOperating income (loss)Operatingincome (loss)$179.00 MTotal revenuesTotal revenues$9.34 BGross profitGross profit$1.78 BOperating expenses (calculated)Operating expenses(calculated)$1.60 BProvision (benefit) for income taxes (Note 16)Provision (benefit)for income taxes$354.00 MEquipmentEquipment$5.25 BCost of equipment and servicesCost of equipmentand services$7.56 BSelling, general, and administrative expensesSelling, general, andadministrative expenses$1.30 BResearch and development expensesResearch anddevelopment expenses$304.00 MServicesServices$4.08 BUndisclosed (calculated)Undisclosed (calculated)$8.00 M
Chart details

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)) (2). 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
4,077,000,000 US dollars
Undisclosed (calculated)
8,000,000 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.
GE Vernova Inc. (GEV) FY2026 Q1 Revenue by Product and Service (2) Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

19.1%

Gross profit / revenue

Operating margin

1.9%

Operating profit / revenue

Cash conversion

109.2%

Operating cash / net income, same period

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