GEV
GE Vernova LLC
NYSE: GEV · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$1,063.11
-2.37% today
Updated 2026-04-29
Market cap
$308.81B
P/E ratio
33.55
P/S ratio
7.84x
EPS (TTM)
$34.25
Dividend yield
0.13%
52W range
$357 – $1,182
Volume
2.5M
GE Vernova LLC (GEV) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $33.01B | $29.65B | $33.24B | $34.94B | $38.07B |
| Revenue growth (YoY) | — | -10.2% | +12.1% | +5.1% | +8.9% |
| Cost of revenue | $28.06B | $26.20B | $28.42B | $28.63B | $30.53B |
| Gross profit | $4.95B | $3.46B | $4.82B | $6.31B | $7.54B |
| Gross margin | 15.0% | 11.7% | 14.5% | 18.1% | 19.8% |
| R&D | $1.01B | $979.00M | $896.00M | $982.00M | $1.20B |
| SG&A | $4.82B | $5.36B | $4.93B | $4.63B | $4.95B |
| Operating income | $-884.00M | $-2.88B | $-923.00M | $787.00M | $1.39B |
| Operating margin | -2.7% | -9.7% | -2.8% | 2.3% | 3.6% |
| EBITDA | $484.00M | $-526.00M | $932.00M | $3.56B | $3.68B |
| EBITDA margin | 1.5% | -1.8% | 2.8% | 10.2% | 9.7% |
| EBIT | $-692.00M | $-2.32B | $-32.00M | $2.50B | $2.83B |
| Interest expense | $172.00M | $151.00M | $98.00M | $120.00M | — |
| Income tax | $-140.00M | $248.00M | $344.00M | $939.00M | $-2.05B |
| Effective tax rate | 18.1% | -10.0% | -366.0% | 37.7% | -72.4% |
| Net income | $-633.00M | $-2.74B | $-438.00M | $1.55B | $4.88B |
| Net income growth (YoY) | — | -332.2% | +84.0% | +454.3% | +214.7% |
| Profit margin | -1.9% | -9.2% | -1.3% | 4.4% | 12.8% |