Income Statement (TTM)
GE Vernova Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2021 12-31 |
2022 12-31 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 33,006 | 29,654 | 33,239 | 33,677 | 33,761 | 34,421 | 34,935 | 35,707 | 36,615 |
| Change (%) | -10.16 | 12.09 | 1.32 | 0.25 | 1.95 | 1.49 | 2.21 | 2.54 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 27,692 | 26,004 | 28,274 | 28,409 | 27,947 | 28,451 | 28,594 | 29,096 | 29,853 |
| Change (%) | -6.10 | 8.73 | 0.48 | -1.63 | 1.80 | 0.50 | 1.76 | 2.60 | |
| % of Revenue | 83.90 | 87.69 | 85.06 | 84.36 | 82.78 | 82.66 | 81.85 | 81.49 | 81.53 |
| Gross Operating Profit | 5,314 | 3,650 | 4,965 | 5,268 | 5,814 | 5,970 | 6,341 | 6,611 | 6,762 |
| Change (%) | -31.31 | 36.03 | 6.10 | 10.36 | 2.68 | 6.21 | 4.26 | 2.28 | |
| % of Revenue | 16.10 | 12.31 | 14.94 | 15.64 | 17.22 | 17.34 | 18.15 | 18.51 | 18.47 |
| SG&A | 4,684 | 4,222 | 3,976 | 4,041 | 3,992 | 4,095 | 4,207 | 4,236 | 4,283 |
| Change (%) | -9.86 | -5.83 | 1.63 | -1.21 | 2.58 | 2.74 | 0.69 | 1.11 | |
| % of Revenue | 14.19 | 14.24 | 11.96 | 12.00 | 11.82 | 11.90 | 12.04 | 11.86 | 11.70 |
| R&D | 1,008 | 979 | 896 | 931 | 952 | 972 | 982 | 984 | 1,029 |
| Change (%) | -2.88 | -8.48 | 3.91 | 2.26 | 2.10 | 1.03 | 0.20 | 4.57 | |
| % of Revenue | 3.05 | 3.30 | 2.70 | 2.76 | 2.82 | 2.82 | 2.81 | 2.76 | 2.81 |
| OpEx | 33,384 | 31,205 | 33,146 | 33,381 | 32,891 | 33,518 | 33,783 | 34,316 | 35,165 |
| Change (%) | -6.53 | 6.22 | 0.71 | -1.47 | 1.91 | 0.79 | 1.58 | 2.47 | |
| % of Revenue | 101.15 | 105.23 | 99.72 | 99.12 | 97.42 | 97.38 | 96.70 | 96.10 | 96.04 |
| Operating Income | -378 | -1,551 | 93 | 296 | 870 | 903 | 1,152 | 1,391 | 1,450 |
| Change (%) | 310.32 | -106.00 | 218.28 | 193.92 | 3.79 | 27.57 | 20.75 | 4.24 | |
| % of Revenue | -1.15 | -5.23 | 0.28 | 0.88 | 2.58 | 2.62 | 3.30 | 3.90 | 3.96 |
| Interest Expense | -63 | -54 | -45 | -38 | -3 | -10 | -10 | ||
| Change (%) | -14.29 | -16.67 | -15.56 | -92.11 | |||||
| % of Revenue | -0.19 | -0.18 | -0.14 | -0.11 | -0.01 | -0.03 | -0.03 | ||
| Net Income | -633 | -2,736 | -438 | -253 | 1,191 | 1,265 | 1,552 | 1,936 | 1,156 |
| Change (%) | 332.23 | -83.99 | -42.24 | -570.75 | 6.21 | 22.69 | 24.74 | -40.29 | |
| % of Revenue | -1.92 | -9.23 | -1.32 | -0.75 | 3.53 | 3.68 | 4.44 | 5.42 | 3.16 |
Source: Capital IQ
