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GE Vernova Inc. (GEV)

For the quarter ending 2025-06-30, GEV made $9,111M in revenue. $514M in net income. Net profit margin of 5.64%.

Overview

Revenue
$9,111M
Net Income
$514M
Net Profit Margin
5.64%
EPS
$1.86
Unit: Million (M) dollars
Revenue Breakdown
    • Power Segment
    • Wind Segment
    • Electrification Segment

Unit: Million (M) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues9,111 8,032 8,913 8,204
Service- 2,647 2,728 2,649
Product- 3,915 5,076 3,853
Cost of equipment and services7,266 6,562 7,804 6,502
Gross profit1,846 1,470 1,109 1,702
Research and development expenses282 239 243 237
Selling, general, and administrative expenses1,185 1,188 1,226 938
Operating income (loss)378 43 -359 527
Interest and other financial income (charges) net-42 -56 -36 -60
Non-operating benefit income-110 -115 -130 -134
Other income (expense) net (note 17)115 119 71 881
Income (loss) before income taxes645 332 -122 1,602
Provision (benefit) for income taxes (note 14)153 68 -23 322
Net income (loss)492 264 -99 1,280
Net loss (income) attributable to noncontrolling interests-22 11 -3 -14
Net income (loss) attributable to ge vernova514 254 -96 1,294
Basic (in dollars per share)1.89 0.92 -0.35 4.72
Basic (in shares)272,000,000 275,000,000 275,000,000 274,000,000
Diluted (in dollars per share)1.86 0.91 -0.35 4.65
Diluted (in shares)276,000,000 279,000,000 275,000,000 278,000,000
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

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Electrification Segment$2,201M Power Segment$4,758M Wind Segment$2,245M Operating SegmentsExcluding Intersegment...$9,204M Total revenues$9,111M (11.06%↑ Y/Y)Corporate AndEliminations-$92M Gross profit$1,846M (8.46%↑ Y/Y)Cost of equipment andservices$7,266M (11.75%↑ Y/Y)Non-operating benefit income-$110M (17.91%↑ Y/Y)Interest and otherfinancial income...-$42M (30.00%↑ Y/Y)Operating income (loss)$378M (-28.27%↓ Y/Y)Other income(expense) net (note 17)$115M (-86.95%↓ Y/Y)Research and developmentexpenses$282M (18.99%↑ Y/Y)Selling, general, andadministrative expenses$1,185M (26.33%↑ Y/Y)Income (loss) beforeincome taxes$645M (-59.74%↓ Y/Y)Net loss (income)attributable to...-$22M (-57.14%↓ Y/Y)Net income (loss)$492M (-61.56%↓ Y/Y)Provision (benefit) forincome taxes (note 14)$153M (-52.48%↓ Y/Y)Net income (loss)attributable to ge vernova$514M (-60.28%↓ Y/Y)