GE Vernova Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $38.07B | $37.80B | $33.24B | $29.65B |
| Power | — | $17.90B | — | — |
| Renewable Energy | — | $16.10B | — | — |
| Digital | — | $3.80B | — | — |
| Cost of Revenue | $30.53B | $28.85B | $28.42B | $26.20B |
| Gross Profit | $7.54B | $6.09B | $4.82B | $3.46B |
| Gross Margin | 19.8% | 16.1% | 14.5% | 11.7% |
| Operating Expenses | ||||
| Research & Development | $1.20B | $982.0M | $896.0M | $979.0M |
| SG&A Expense | $4.95B | $4.63B | $4.85B | $5.36B |
| Operating Income | $1.39B | $471.0M | $-923.0M | $-2.88B |
| Operating Margin | 3.6% | 1.2% | -2.8% | -9.7% |
| Interest Expense | — | — | — | — |
| Pretax Income | $2.83B | $2.50B | $-130.0M | $-2.47B |
| Income Tax Expense | $-2.05B | $939.0M | $344.0M | $248.0M |
| Net Income | $4.88B | $1.55B | $-438.0M | $-2.74B |
| Net Margin | 12.8% | 4.1% | -1.3% | -9.2% |
| EPS (Basic) | $17.92 | $5.65 | $-1.60 | $-10.00 |
| EPS (Diluted) | $17.69 | $5.58 | $-1.60 | $-10.00 |
| Shares Outstanding (Basic) | 272.0M | 275.0M | 274.0M | 274.0M |
| Shares Outstanding (Diluted) | 276.0M | 278.0M | 274.0M | 274.0M |
| Dividends Per Share | $1.25 | $0.25 | — | — |