GE Vernova (GEV) Revenue Growth

Price: $336.2
Market Cap: $92.76B
Avg Volume: 4.01M
Country: US
Industry: Renewable Utilities
Sector: Utilities
Beta: 0.8019874
52W Range: $119-447.5
Website: GE Vernova

What is GE Vernova's Revenue Growth?

  • GE Vernova's annual revenue growth as of FY 2024 is 5.10%.
  • GE Vernova's quarterly revenue growth as of Q4 2024 is 18.46%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess GE Vernova's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $34.94B
    • Quarterly: $10.56B
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $28.85B
    • Quarterly: $8.44B
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 2.04%
    • Quarterly Growth: 8.09%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $6.08B
    • Quarterly: $2.12B
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: 22.56%
    • Quarterly Growth: 91.43%

These metrics provide insights into GE Vernova's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

5.10%

Quarterly Revenue Growth

18.46%

Historical Annual Revenue Growth
16.54%16.54%12.09%12.09%7.64%7.64%3.19%3.19%-1.26%-1.26%-5.71%-5.71%-10.16%-10.16%Revenue Growth (Annual)20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Quarterly Revenue Growth
31.62%31.62%21.73%21.73%11.84%11.84%1.95%1.95%-7.94%-7.94%-17.83%-17.83%-27.73%-27.73%Revenue Growth (Quarterly)Apr '23Apr '23Jun '23Jun '23Aug '23Aug '23Oct '23Oct '23Dec '23Dec '23Feb '24Feb '24Apr '24Apr '24Jun '24Jun '24Aug '24Aug '24Oct '24Oct '24Dec '24Dec '24
Historical Annual Revenue
$36.00B$36.00B$27.00B$27.00B$18.00B$18.00B$9.00B$9.00B$0.00$0.00Revenue (Annual)20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Quarterly Revenue
$12.00B$12.00B$9.00B$9.00B$6.00B$6.00B$3.00B$3.00B$0.00$0.00Revenue (Quarterly)Apr '23Apr '23Jun '23Jun '23Aug '23Aug '23Oct '23Oct '23Dec '23Dec '23Feb '24Feb '24Apr '24Apr '24Jun '24Jun '24Aug '24Aug '24Oct '24Oct '24Dec '24Dec '24
Historical Annual Cost of Revenue
$35.00B$35.00B$28.00B$28.00B$21.00B$21.00B$14.00B$14.00B$7.00B$7.00B$0.00$0.00Cost of Revenue (Annual)20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Quarterly Cost of Revenue
$10.00B$10.00B$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00Cost of Revenue (Quarterly)Apr '23Apr '23Jun '23Jun '23Aug '23Aug '23Oct '23Oct '23Dec '23Dec '23Feb '24Feb '24Apr '24Apr '24Jun '24Jun '24Aug '24Aug '24Oct '24Oct '24Dec '24Dec '24
Historical Annual Gross Profit
$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00Gross Profit (Annual)20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Quarterly Gross Profit
$2.50B$2.50B$2.00B$2.00B$1.50B$1.50B$1.00B$1.00B$500.00M$500.00M$0.00$0.00Gross Profit (Quarterly)Apr '23Apr '23Jun '23Jun '23Aug '23Aug '23Oct '23Oct '23Dec '23Dec '23Feb '24Feb '24Apr '24Apr '24Jun '24Jun '24Aug '24Aug '24Oct '24Oct '24Dec '24Dec '24

GE Vernova Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2024 $34.94B 5.10% $28.85B 2.04% $6.08B 22.56%
2023 $33.24B 12.09% $28.27B 8.73% $4.96B 36.03%
2022 $29.65B -10.16% $26.00B -6.10% $3.65B -31.31%
2021 $33.01B 0.00% $27.69B 0.00% $5.31B 0.00%

Related Metrics

Explore detailed financial metrics and analysis for GEV.