GE Vernova (GEV) Free Cash Flow (2023 - 2026)
GE Vernova's Free Cash Flow came in at $5.11 billion for Q2 2026, compared with $194 million a year earlier and up 6.6% from the prior quarter.
GE Vernova (GEV) Free Cash Flow (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, GE Vernova reported Free Cash Flow of $12.44 billion, up 359.3% year-over-year; for FY2025, it was $3.71 billion, up 118.2% from FY2024.
- Going back by year, Free Cash Flow was $1.7 billion in FY2024 (+284.6%), $442 million in FY2023 and -$627 million in FY2022.
- The Q2 2026 figure represents the highest quarterly Free Cash Flow in data going back to Q1 2023.
- Year-over-year, Free Cash Flow increased in two of the last five quarters, with growth averaging 88.4%.
- Business Quant data shows GEV's Free Cash Flow at $4.79 billion (Q1 2026), $1.81 billion (Q4 2025) and $733 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 5.11 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 174.79 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | -306.22 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 114.97 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 62.92 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 105.16 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 217.74 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 25.93 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 48.10 Mn |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 | -58.61 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.11 Bn |
| Mar 31, 2026 | 4.79 Bn |
| Dec 31, 2025 | 1.81 Bn |
| Sep 30, 2025 | 733.00 Mn |
| Jun 30, 2025 | 194.00 Mn |
| Mar 31, 2025 | 975.00 Mn |
| Dec 31, 2024 | 571.00 Mn |
| Sep 30, 2024 | 968.00 Mn |
| Jun 30, 2024 | 822.00 Mn |
| Mar 31, 2024 | -661.00 Mn |
| Dec 31, 2023 | 1.65 Bn |
| Sep 30, 2023 | 52.00 Mn |
| Jun 30, 2023 | -447.00 Mn |
| Mar 31, 2023 | -814.00 Mn |
GE Vernova Free Cash Flow 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=free-cash-flow&ticker=GEV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=GEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();