GE Vernova (GEV) Change in Inventory (2023 - 2026)
GE Vernova (GEV) reported Change in Inventory of $308 million for Q3 2026, up 87.8% from $164 million a year earlier but down 62.2% from the prior quarter.
GE Vernova (GEV) Change in Inventory (2023 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, GE Vernova's Change in Inventory came in at $2.44 billion, up 354.0% year-over-year; for FY2025, it came in at $1.43 billion, up 123.6% from FY2024.
- Change in Inventory has a three-year compound annual growth rate of 14.7% (FY2022 to FY2025).
- By year, Change in Inventory came in at $641 million in FY2024 (+167.1%), $240 million in FY2023 (-74.7%) and $949 million in FY2022.
- Five-year quarterly Change in Inventory spans a low of -$811 million in Q4 2023 and a high of $930 million in Q1 2026.
- Year over year, Change in Inventory has now increased in each of the last three quarters, with growth averaging 44.6% over the last five quarters.
- Per Business Quant data, the three quarters before Q3 2026 came in at $814 million (Q2 2026), $930 million (Q1 2026) and $386 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 308.00 Mn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 170.40 Mn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 43.04 Mn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | - |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 55.12 Mn |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 104.90 Mn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 14.48 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 1.30 Mn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | -41.32 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 308.00 Mn |
| Jun 30, 2026 | 814.00 Mn |
| Mar 31, 2026 | 930.00 Mn |
| Dec 31, 2025 | 386.00 Mn |
| Sep 30, 2025 | 164.00 Mn |
| Jun 30, 2025 | 451.00 Mn |
| Mar 31, 2025 | 432.00 Mn |
| Dec 31, 2024 | -510.00 Mn |
| Sep 30, 2024 | -137.00 Mn |
| Jun 30, 2024 | 571.00 Mn |
| Mar 31, 2024 | 717.00 Mn |
| Dec 31, 2023 | -811.00 Mn |
| Sep 30, 2023 | -114.00 Mn |
| Jun 30, 2023 | 426.00 Mn |
| Mar 31, 2023 | 739.00 Mn |
GE Vernova Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=GEV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "GEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=GEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();