65/100BGE Vernova financials
Yes. GE Vernova earned 10.37B USD of net income over the last twelve months, 23.5% of its revenue. It made a profit in 2 of its 5 fiscal years since 2021. Its last loss was in fiscal year 2023.
- Revenue (TTM)
- 44.04B USD
- Net income (TTM)
- 10.37B USD
- Free cash flow (TTM)
- 17.12B USD
- Cash and short-term investments
- 16.76B USD
- Total debt
- 2.83B USD
- Shareholders' equity
- 11.38B USD
Cash, debt and equity as of 30 Sept 2026.
GE Vernova earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2028 | 7.29 | — | — | — | 15.88B | — | — | — | |
| Q2 FY2028 | 6.93 | — | — | — | 14.64B | — | — | — | |
| Q1 FY2028 | 5.89 | — | — | — | 12.81B | — | — | — | |
| Q4 FY2026 | 6.74 | — | — | -49.66% | 13.92B | — | — | +27.06% | |
| Q3 FY2026 | 4.03 | 4.81 | +19.35% | +193.29% | 11.99B | 12.64B | +5.41% | +26.81% | |
| Q2 FY2026 | 3.17 | 2.47 | -22.08% | +32.80% | 10.79B | 11.10B | +2.91% | +21.87% | |
| Q1 FY2026 | 1.95 | 17.44 | +794.36% | +1,816.48% | 9.25B | 9.34B | +0.94% | +16.14% | |
| Q4 FY2025 | 2.93 | 13.39 | +357.00% | +673.99% | 10.21B | 10.96B | +7.35% | +3.76% | |
| Q3 FY2025 | 1.72 | 1.64 | -4.65% | +368.57% | 9.14B | 9.97B | +9.03% | +11.85% | |
| Q2 FY2025 | 1.48 | 1.86 | +25.68% | +161.97% | 8.81B | 9.11B | +3.44% | +11.06% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 35.74 | — | — | +38.79% | 61.99B | — | — | +15.72% |
| FY2027 | 25.75 | — | — | -18.56% | 53.57B | — | — | +14.13% |
| FY2026 | 31.62 | — | — | +77.66% | 46.94B | — | — | +23.28% |
| FY2025 | 7.28 | 17.80 | +144.64% | +647.90% | 37.34B | 38.08B | +1.98% | +8.99% |
| FY2024 | 3.03 | 2.38 | -21.42% | — | 35.05B | 34.94B | -0.34% | — |
GE Vernova growth and profitability
Full income statement- Revenue (TTM)
- 44.04B USD
- Net income (TTM)
- 10.37B USD
- Gross margin
- 21.73%
- Operating margin
- 6.42%
- Net margin
- 23.54%
Revenue / Net income
How GE Vernova makes its money
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
GE Vernova revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Product | 20.93B | 55.0% | +10.5% |
| Service | 17.13B | 45.0% | +7.2% |
By region
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Non-US | 20.73B | 35.3% | +2.3% |
| United States | 17.34B | 29.5% | +18.1% |
| Europe | 7.59B | 12.9% | — |
| Middle East and Africa | 5.39B | 9.2% | — |
| Asia | 4.63B | 7.9% | — |
| Americas, Excluding U.S. | 3.12B | 5.3% | — |
Operating and free cash flow
Full cash flow statementGE Vernova financial health
Full balance sheet- Cash and short-term investments
- 16.76B USD
- Total debt
- 2.83B USD
- Net cash
- 13.94B USD
- Free cash flow (TTM)
- 17.12B USD
- Current ratio
- 0.81
- Debt to equity
- 0.25
- Piotroski score
- 6 / 9
- Altman Z-score
- 2.54
Cash, debt and free cash flow
Assets, liabilities and equity
GE Vernova valuation
- Price to earnings ratio (TTM)
- 20.14
- Forward P/E (FY2026)
- 24.49
- Price to sales (TTM)
- 4.65
- Price to book
- 18.01
- EV / EBITDA (TTM)
- 18.47
Capital structure
Valuation over time
GE Vernova against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Parker-Hannifin, Emerson Electric, Illinois Tool Works, Honeywell International, Cummins, and PACCAR, the US Industrial - Machinery companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- Gross marginHighest in 5 years19.8%11.7%19.8%Against its peers: 6 of 7Peers' median 37.3%
- Operating marginHighest in 5 years3.6%-9.7%3.6%Against its peers: 7 of 7Peers' median 18.6%
- Net marginHighest in 5 years12.8%-9.2%12.8%Against its peers: 3 of 7Peers' median 12.7%
- Return on equityHighest in 5 years43.7%-25.7%43.7%Against its peers: 2 of 7Peers' median 23.4%
- Free cash flow marginHighest in 5 years9.7%-6.8%9.7%Against its peers: 6 of 7Peers' median 14.6%
- Revenue growthAbove its median8.9%-10.2%12.1%Against its peers: 1 of 7Peers' median 2.0%
- Debt to EBITDALowest in 5 years0.00×0.00×1.83×Against its peers: 1 of 7Peers' median 2.39×
- Current ratioBelow its median0.980.941.08Against its peers: 6 of 7Peers' median 1.29
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
GE Vernova dividends
- Annual dividend
- 2.00 USD
- Dividend yield (indicated)
- 0.26%
- Payout ratio
- 5.20%
- Years of dividend growth
- 2
- Frequency
- Quarterly
- Last payment
- 0.50 USD
- Last ex-dividend date
- 27 Oct 2026
- Last payment date
- 24 Nov 2026
Dividends per share
GE Vernova ownership
- Institutions
- 79.67%
- Institutional holders
- 3,597 (+333)
- Free float
- 99.79%
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q2 2026 | 0 | 1 | 59.50K | 88.03K |
| Q1 2026 | 0 | 1 | 204.16K | 227.48K |
| Q4 2025 | 0 | 0 | 17.73K | 26.30K |
| Q3 2025 | 0 | 1 | 0.00 | 3.30K |
Shares outstanding
Common questions about GE Vernova's financials
Source: Financial Modeling Prep