GE Vernova (GEV) Consolidated Net Income (2023 - 2026)
GE Vernova (GEV) reported Consolidated Net Income of $4.7 billion for Q1 2026, up 1698.86% on a YoY basis from $264.0 million in Q1 2025, and up 29.4% quarter-over-quarter from $3.7 billion in Q4 2025.
GE Vernova (GEV) Consolidated Net Income (2023 - 2026) Analysis & Trends
GE Vernova has reported Consolidated Net Income for 4 years, with the latest figure at $4.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Consolidated Net Income rose 1698.86% year-over-year to $4.7 billion; the trailing twelve-month figure through Mar 2026 stood at $9.4 billion (up 385.43% YoY), and the FY2025 full-year result was $4.9 billion, up 212.96% from the prior year.
- Consolidated Net Income for Q1 2026 stood at $4.7 billion, up from $3.7 billion in the prior quarter.
- The five-year high for Consolidated Net Income was $4.7 billion in Q1 2026, with the low at -$346.0 million in Q1 2023.
- Historically, Consolidated Net Income has averaged $828.9 million across 4 years, with a median of $264.0 million in 2025.
- Annual changes were most pronounced in 2025 — Consolidated Net Income sank 61.56% — and 2026, when it surged 1698.86%.
- GE Vernova's Consolidated Net Income stood at $206.0 million in 2023, then soared by 134.95% to $484.0 million in 2024, then surged by 658.26% to $3.7 billion in 2025, then grew by 29.4% to $4.7 billion in 2026.
- The last three Consolidated Net Income figures came in at $4.7 billion (Q1 2026), $3.7 billion (Q4 2025), and $453.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 4.75 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 867.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 904.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 680.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 618.00 Mn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 768.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 399.36 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 351.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | -316,000.00 |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 193.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.75 Bn |
| Dec 31, 2025 | 3.67 Bn |
| Sep 30, 2025 | 453.00 Mn |
| Jun 30, 2025 | 492.00 Mn |
| Mar 31, 2025 | 264.00 Mn |
| Dec 31, 2024 | 484.00 Mn |
| Sep 30, 2024 | -99.00 Mn |
| Jun 30, 2024 | 1.28 Bn |
| Mar 31, 2024 | -43.00 Mn |
| Dec 31, 2023 | 206.00 Mn |
| Sep 30, 2023 | -185.00 Mn |
| Jun 30, 2023 | -149.00 Mn |
| Mar 31, 2023 | -346.00 Mn |