GE Vernova (GEV) Financial Statements

Price: $343.57
Market Cap: $94.79B
Avg Volume: 4.00M
Country: US
Industry: Renewable Utilities
Sector: Utilities
Beta: 0.8019874
52W Range: $119-447.5
Website: GE Vernova

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of GE Vernova.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$36.00B$36.00B$27.00B$27.00B$18.00B$18.00B$9.00B$9.00B$0.00$0.0020222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Operating Expenses
Operating Income
Operating Expenses & Income$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00-$2.00B-$2.00B20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021
Revenue $34.94B $33.24B $29.65B $33.01B
Cost of Revenue $28.85B $28.27B $26.00B $27.69B
Gross Profit $6.08B $4.96B $3.65B $5.31B
Gross Profit Ratio 17.42% 14.90% 12.31% 16.10%
Research and Development Expenses $982.00M $896.00M $979.00M $1.01B
General and Administrative Expenses $- $- $- $-
Selling and Marketing Expenses $- $- $- $-
Selling General and Administrative Expenses $4.63B $4.84B $4.41B $4.68B
Other Expenses $- $- $387.00M $396.00M
Operating Expenses $5.61B $5.89B $5.39B $5.69B
Cost and Expenses $34.46B $34.16B $31.40B $33.38B
Interest Income $186.00M $- $42.00M $71.00M
Interest Expense $- $71.00M $151.00M $172.00M
Depreciation and Amortization $- $964.00M $991.00M $1.18B
EBITDA $471.00M $932.00M $-1.33B $484.00M
EBITDA Ratio 1.35% 2.80% -2.54% 2.42%
Operating Income $471.00M $-923.00M $-1.74B $-378.00M
Operating Income Ratio 1.35% -2.78% -5.88% -1.15%
Total Other Income Expenses Net $2.03B $793.00M $407.00M $20.00M
Income Before Tax $2.50B $-130.00M $-2.47B $-864.00M
Income Before Tax Ratio 7.15% -0.39% -8.34% -2.62%
Income Tax Expense $939.00M $344.00M $248.00M $-140.00M
Net Income $1.55B $-438.00M $-2.74B $-633.00M
Net Income Ratio 4.44% -1.32% -9.23% -1.92%
EPS $5.64 $-1.98 $-10.06 $-2.33
EPS Diluted $5.58 $-1.98 $-10.06 $-2.33
Weighted Average Shares Outstanding 275.00M 272.08M 272.08M 272.08M
Weighted Average Shares Outstanding Diluted 278.00M 272.08M 272.08M 272.08M
SEC Filing Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$60.00B$60.00B$50.00B$50.00B$40.00B$40.00B$30.00B$30.00B$20.00B$20.00B$10.00B$10.00B$0.00$0.0020232023Mar '23Mar '23May '23May '23Jul '23Jul '23Sep '23Sep '23Nov '23Nov '2320242024Mar '24Mar '24May '24May '24Jul '24Jul '24Sep '24Sep '24Nov '24Nov '2420252025
Equity$12.00B$12.00B$9.00B$9.00B$6.00B$6.00B$3.00B$3.00B$0.00$0.0020232023Mar '23Mar '23Jun '23Jun '23Aug '23Aug '23Nov '23Nov '23Feb '24Feb '24Apr '24Apr '24Jun '24Jun '24Aug '24Aug '24Nov '24Nov '24
Breakdown December 31, 2024 December 31, 2023 December 31, 2022
Cash and Cash Equivalents $8.21B $1.55B $2.07B
Short Term Investments $- $2.03B $-
Cash and Short Term Investments $8.21B $1.55B $2.07B
Net Receivables $16.80B $15.83B $14.88B
Inventory $8.59B $7.20B $6.75B
Other Current Assets $- $4.90B $2.21B
Total Current Assets $33.59B $27.43B $24.75B
Property Plant Equipment Net $5.15B $5.23B $5.11B
Goodwill $4.26B $4.44B $4.16B
Intangible Assets $813.00M $1.04B $1.17B
Goodwill and Intangible Assets $5.08B $5.48B $5.34B
Long Term Investments $- $2.34B $4.51B
Tax Assets $- $235.00M $1.60B
Other Non-Current Assets $- $4.39B $3.16B
Total Non-Current Assets $10.23B $17.67B $19.72B
Other Assets $7.67B $1.02B $-
Total Assets $51.48B $46.12B $44.47B
Account Payables $4.94B $4.70B $4.23B
Short Term Debt $223.00M $- $320.00M
Tax Payables $455.00M $123.00M $75.00M
Deferred Revenue $17.59B $15.07B $11.84B
Other Current Liabilities $8.48B $9.41B $9.57B
Total Current Liabilities $31.68B $29.31B $26.04B
Long Term Debt $820.00M $819.00M $848.00M
Deferred Revenue Non-Current $157.00M $173.00M $296.00M
Deferred Tax Liabilities Non-Current $827.00M $382.00M $449.00M
Other Non-Current Liabilities $7.40B $7.06B $5.23B
Total Non-Current Liabilities $9.21B $8.44B $6.82B
Other Liabilities $- $- $-
Total Liabilities $40.89B $37.74B $32.86B
Preferred Stock $- $- $-
Common Stock $3.00M $8.05B $12.11B
Retained Earnings $1.61B $- $-
Accumulated Other Comprehensive Income Loss $-1.76B $-635.00M $-1.46B
Other Total Stockholders Equity $9.69B $- $-
Total Stockholders Equity $9.55B $7.42B $10.65B
Total Equity $10.59B $8.38B $11.61B
Total Liabilities and Stockholders Equity $51.48B $46.12B $44.47B
Minority Interest $1.05B $964.00M $957.00M
Total Liabilities and Total Equity $51.48B $46.12B $44.47B
Total Investments $2.15B $4.37B $4.51B
Total Debt $1.04B $1.18B $1.17B
Net Debt $-7.16B $-367.00M $-899.00M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$3.00B$3.00B$2.00B$2.00B$1.00B$1.00B$0.00$0.00-$1.00B-$1.00B-$2.00B-$2.00B20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Financing Cash Flow$4.00B$4.00B$3.00B$3.00B$2.00B$2.00B$1.00B$1.00B$0.00$0.00-$1.00B-$1.00B20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021
Net Income $1.56B $-438.00M $-2.74B $-633.00M
Depreciation and Amortization $1.17B $964.00M $991.00M $1.18B
Deferred Income Tax $316.00M $342.00M $157.00M $-349.00M
Stock Based Compensation $- $- $- $-
Change in Working Capital $- $1.07B $860.00M $-1.26B
Accounts Receivables $- $-726.00M $-521.00M $-1.44B
Inventory $-641.00M $-240.00M $-949.00M $400.00M
Accounts Payables $1.07B $-663.00M $643.00M $63.00M
Other Working Capital $- $2.70B $1.69B $-285.00M
Other Non Cash Items $-464.00M $-754.00M $3.58B $2.39B
Net Cash Provided by Operating Activities $2.58B $1.19B $-114.00M $-1.66B
Investments in Property Plant and Equipment $-883.00M $-744.00M $-513.00M $-577.00M
Acquisitions Net $- $60.00M $53.00M $69.00M
Purchases of Investments $-114.00M $- $-393.00M $-545.00M
Sales Maturities of Investments $244.00M $232.00M $340.00M $176.00M
Other Investing Activities $716.00M $-282.00M $191.00M $-264.00M
Net Cash Used for Investing Activities $-37.00M $-734.00M $-322.00M $-1.14B
Debt Repayment $-23.00M $16.00M $15.00M $-104.00M
Common Stock Issued $- $- $- $-
Common Stock Repurchased $- $- $- $-
Dividends Paid $- $- $- $-
Other Financing Activities $3.67B $-424.00M $796.00M $2.10B
Net Cash Used Provided by Financing Activities $3.65B $-408.00M $811.00M $2.00B
Effect of Forex Changes on Cash $-147.00M $22.00M $-87.00M $-66.00M
Net Change in Cash $6.05B $-516.00M $267.00M $-871.00M
Cash at End of Period $7.60B $1.55B $2.07B $1.80B
Cash at Beginning of Period $1.55B $2.07B $1.80B $2.67B
Operating Cash Flow $2.58B $1.19B $-114.00M $-1.66B
Capital Expenditure $-883.00M $-744.00M $-513.00M $-577.00M
Free Cash Flow $1.70B $442.00M $-627.00M $-2.24B